Benefits

Employment Benefits at JK Harris & Co.

2008 Benefit Package
2008 Consultant Comprehensive Benefit Package

2008 Benefit Package

Benefit Eligibility

After the first 90 days of full time employment, employees are eligible for all company benefits in accordance with the prescribed rules governing each plan. If a holiday falls on the 90th day, the employee shall receive the paid holiday. All benefit plans begin the 1st of the month following the 90-day waiting period completion. Benefit eligibility may also depend on position, location and division.

Pay Day

Semi-monthly pay dates are the 15th and the last day of the month. If pay dates fall on a weekend or holiday, paychecks will be distributed the previous business day.

Direct Deposit

Paychecks can be direct deposited into a checking or savings account at no charge to the employee.

PTO

PTO will accrue with each paycheck from date of hire in accordance with the schedule listed below but will not be available for use until the 90-day waiting period has been completed. PTO does not apply to part-time or sales positions. Please ask your supervisor for details.

  • First 24 paychecks (or the first year)
  • 3.33 hours/paycheck or 80 hours/year
  • Beginning with the 25th paycheck (greater than 1 year)
  • 5.00 hours/paycheck or 120 hours/year
  • After 5 years of employment
  • 6.66 hours/paycheck or 160 hours/year

Paid Holidays

New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, the Day After Thanksgiving and Christmas Day. Qualified employees will receive a paid day off (of their choosing) during their birthday month subject to supervisor approval.

Paid Funeral Leave

Employees may receive up to two (2) days of funeral leave per year.

Paid Jury Duty

Exempt employees will continue to receive their regular paychecks while on jury duty. Non-exempt employees must provide their supervisor with a written statement from the court showing the dates served and the compensation paid. JKH will reimburse the difference equal to the employee’s regular compensation for up to two (2) days. PTO may be utilized for additional days.

COPAY Plan

Medical Plan (semi-monthly/pre-tax)
  • $75.00 Employee Only
  • $150.00 Employee/Spouse
  • $165.00 Employee/Children
  • $200.00 Employee/Family
Dental Plan (semi-monthly/pre-tax)
  • $8.50 Employee Only
  • $19.92 Employee/Spouse
  • $22.90 Employee/Children
  • $36.34 Employee/Family

FSA:

Flexible Spending Account - Pay for unreimbursed medical or child care expenses with pre-tax dollars.

Voluntary STD/LTD:

SunLife Short-Term/Long-Term disability will pay 60% of the employee’s salary if off work due to an approved disability. Premium rates are based on the employee’s annual salary.

Voluntary Term-Life:

SunLife Financial Term Life Insurance. $100K employee/$25K spouse guarantee. Coverage Limits Apply. Premium rates are based on age and smoking history and are available through Human Resources.

401(k) Investment Plan:

Our 401(k) plan offers an excellent opportunity to save for retirement. The Principal Group is our 401K provider. Rollovers are encouraged. Choose from 20 well-known funds. Roth funds are also available. JKH pays the front-end administration fees!

2008 Consultant Comprehensive Benefit Package

Benefit Eligibility

After completion of the 90-day waiting period, Consultants are eligible for benefits in accordance with the prescribed rules governing each plan. All benefit plans begin the 1st of the month following completion of the 90-day waiting period. Benefit eligibility may also depend on position, location and division. The Company collects all benefit premiums in arrears from the Consultant’s semi-monthly paycheck. Therefore, if your employment is terminated, whether voluntarily or involuntarily, the premium deduction will occur in the last semi-monthly paycheck.

Pay Day

Semi-monthly pay dates are the 15th and the last day of the month. If pay dates fall on a weekend or holiday, paychecks will be distributed the previous business day.

Direct Deposit

Paychecks can be direct deposited into a checking or savings account at no cost to the Consultant.

Paid Holidays

New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, the Day After Thanksgiving and Christmas Day. Qualified employees will receive a paid day off (of their choosing) during their birthday month subject to supervisor approval.

Vacation

After a “New Hire” has completed one year of employment, they will be entitled to one week of vacation. After completing two years of employment the Consultant is eligible for two weeks vacation. After completing five years of employment the Consultant is eligible for three weeks vacation.

Vacation leave must be used in the year it is given; no carry over will apply. Your Regional Manager will track time off and no accruals will appear on your check stub. Vacation requests must be given to the Regional Manager in advance and are subject to approval. If the request causes undo hardship to the Company and/or there is already a vacation requested on the same date, the consultant may be asked to reschedule. JKH will make every effort to honor the employee’s request, but it is up to the Regional Manager to decide if the request will be approved. In the event that a Regional Manager receives two requests from two different employees at the same time requesting the same period off, approval will be based by time on the job. If a vacation request has already been approved then the time period is secured for that employee and will not be changed to grant someone else’s request. Vacation leave, which is determined by start date, is a use or lose benefit and will not be paid out if an employee leaves the Company or is terminated.

FMLA Compensation Policy for Consultants

In the event that a salesperson (Consultant) requires FMLA leave, he/she will need to follow the FMLA procedures in the employee handbook. FMLA is an unpaid leave of absence. The Consultant may be required to use all earned vacation time during his/her leave of absence.

COPAY Plan

Medical Plan (semi-monthly/pre-tax)
  • $75.00 Employee Only
  • $150.00 Employee/Spouse
  • $165.00 Employee/Children
  • $200.00 Employee/Family
Dental Plan (semi-monthly/pre-tax)
  • $8.50 Employee Only
  • $19.92 Employee/Spouse
  • $22.90 Employee/Children
  • $36.34 Employee/Family

Medical/Vision/RX

Preferred Provider Organization. Copies of the Summary Plan Description (SPD) are available on the sales portal and from the Human Resource department.

MetLife Dental

Does not require medical plan participation to be eligible for dental.

FSA

Flexible Spending Account - Pay for unreimbursed medical or child care expenses with pre-taxed dollars.

SunLife STD/LTD

SunLife Short-Term/Long-Term disability will pay 60% of the employee’s salary if off work due to an approved disability. Premium rates are based on the employee’s annual salary.

SunLife Term Life

$100K employee/$25K spouse guarantee if you enroll at your 90-day mark. Coverage Limits Apply. Premium rates are based on age and smoking history and are available through Human Resources.

401(k) Investment Plan

Our 401(k) plan offers an excellent opportunity to save for retirement. The Principal Group is our current 401K provider. Rollovers are encouraged. Choose from 20 well-known funds. Roth funds are also available. JKH pays the front-end administration fees!