| |
401(k) |
 |
| |
Employees
may contribute up to 15% of their earning on a pre-tax
basis to various investment options. Employees may
also elect for a management company to manage their
401(k) account. Presco will match 50% of our employee's
contributions, up to 6% of their salary. |
|
| |
Medical
Insurance |
|
| |
There
are two options for Presco Employees to choose from
under United Healthcare — PPO or Choice Plus. |
| *Available
only after completion of introductory period |
|
| |
Dental
Insurance |
|
| |
Dental
coverage is available from Safeguard Dental. No
out of pocket costs for preventive care dental work.
|
| *Available
only after completion of introductory period |
|
| |
Life
Insurance |
|
| |
Basic life insurance
of $25,000 is provided at no cost to all Presco
employees. Optional employee and dependant life
insurance is available through AllState. |
| *Available
only after completion of introductory period |
|
| |
Vacation |
|
|
Employees can earn
vacation time according to their length of employment,
starting from their hire date. |
1
year = 5 days
2-5 years =
10 days
6-9 years
= 15 days
10+
years = 20 days |
|
| |
Personal
Time |
|
|
Hourly employees
earn four (4) of personal time monthly if they have
no absences during that month. |
*Begins
accrual on 1st of the month following
completion
of introductory period. |
|
| |
Paid
Holidays |
|
| |
Presco observes
nine paid holidays each year: |
| |
|
New Year's Day
Memorial Day
Independence Day
Labor Day
Thanksgiving Day
Christmas Eve
Christmas Day
Employee's Birthday
Floating Holiday |
| |
*Available
only after completion of introductory period |
|
| |
Personal
Loans |
|
|
Presco uses a Review
Board (employees representing each area of Presco)
to determine if an employee is eligible for a company
loan. Employees must have one year of employment
at Presco and show proof of emergency to be eligible
for a loan. |
|
| |
Tuition
Reimbursement |
|
|
Employees
may elect to further their education by taking seminars/classes
that are approved by Human Resources. Employees
must make a "B" or better to be reimbursed
for tuition and book expenses. |
| *Available
only after completion of introductory period |
