New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Day after Thanksgiving and Christmas Day
Vacation
15
Vacation accrues up to 160 hrs**
Medical
5
Medical accrues up to 80 hrs
Note: Accrued Vacation leave may be exercised after the first 90 days of employment.
Health Plan Summary
Plan Type
Anthem Healthkeepers HMO Anthem KeyCare PPO
Types of Coverage
Single, double, parent w/ child(ren), family
Note: Electrosoft pays 80% for employee coverage and 50% of the difference for all other types of coverage.
Dental Plan Summary
Plan Type
Anthem Group Dental
Types of Coverage
Single, double, parent w/ child(ren), family
Note: For all types of coverage, the employee is responsible 100% of the monthly premium.
Life Insurance, Short Term Disability (STD) and Long Term Disability (LTD) Summary
Life
$50,000
STD
60% of salary with weekly maximum of $750 for up to 13 weeks
LTD
60% of salary with monthly maximum of $5000 for up to age 65 or until you receive social security benefits
Note: Electrosoft pays 100% of the monthly premiums for Life Insurance and Short and Long Term Disability.
401K Plan Summary
Employee Eligibility
An employee may enroll in the plan on the 1st day of each month following the date he/she has completed 6 months of service and is 21 yrs of age.
Employee Contribution
Under the plan, an employee can contribute a minimum of 1% of their compensation up to a maximum of $16,500 for 2009.
Company Contribution
Electrosoft offers a matching contribution equal to $0.50 for each $1.00 that you defer, up to a maximum deferral of 4% of your compensation. Electrosoft may make a discretionary Profit Sharing contribution that is usually tied to the it's profits and may vary from year to year.
