|  2975
West 2100 South Salt Lake City, UT 84119 (801) 972-4000
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Sick Leave:
Paid after thirty days of employment with supervisor discretion.
Sick slip must be filled out in detail and turned in with time card.
Direct Deposit:
Into checking and savings accounts through PAI payroll.
Medical Insurance:
Regence Blue Cross/Blue Shield
Associate cost every two weeks:
|
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OPTION 1 |
OPTION 2 |
OPTION 3 |
H.S.A. / High Deductible Plan |
| Single: |
|
31.05 |
41.39 |
66.12 |
32.06 |
| 2-Party: |
|
79.94 |
104.72 |
162.23 |
75.69 |
| Family: |
|
101.18 |
133.91 |
211.31 |
100.86 |
$1000 or $500 deductible per person, up to three family members. 80/20 co-insurance
or less; $10, 20%, or 35% prescription card.
Dental Insurance:
Free to Associates.
Rate of $18 2-Party $24.92 or Family every two weeks.
Premiums for medical and dental insurance tax deferred under 125 Cafeteria plan.
Holiday Pay:
Eight paid holidays after thirty days of employment at Arnold.
1 of the 8 is a floating holiday requiring 6 months of employment at Arnold.
Vacation:
Two weeks paid after one year.
Three weeks paid after seven years.
Four weeks paid after twenty years.
401 (k):
Available after 30 days employment without matching.
Arnold matches .50 on the dollar up to three percent of wages after 1 year employment on April 1st or October 1st.
Choice of twelve options conservative to aggressive.
Life Insurance:
Base annual salary at time of death.
Premium paid by company.
Dependent Life Insurance:
$2,000 on each dependent is .42 cents per payday.
Disability Insurance:
Short term and long term.
Premium paid by company.
Pays 60 percent of base wage.
Accidental Insurance:
Accidental death and dismemberment policy at associates expense.
Premium deducted every payroll.
Bonus Programs:
Eligible upon one full fiscal year of employment.
1. Divisional Return on Assets Bonus.
2. Corporate Discretionary Bonus.
Additional Cafeteria Program:
Annual tax deferred savings program for medical and child care expense during our fiscal year.
Sign-up October 1st, runs through September 30th. You need to "use it or lose it".
Tool Purchase Program:
After six months employment - Limit $500
- $25 deducted per paycheck up to $ 250
- $35 deducted per paycheck up to $ 500
Company Stock:
Ten shares issued on anniversary date after five years employment.
Fifteen shares after ten years.
Twenty shares after fifteen years.
Twenty-five shares after twenty.
Five shares every year after twenty.
Annual dividend on issued shares.
Credit Union:
Hercules Credit Union
Education Reimbursement:
2/3 tuition & books.
1/3 up front 1/3 upon receipt of passing grade.
Limit $1,000 per semester.
Long Term Care:
Individual contract available 30 days after hire and at January open-enrollment

© 1999-2010 Arnold
Machinery Company
P. O. Box 30020 Salt Lake City, UT 84130-0020 Phone: 801-972-4000
Fax: 801-974-4035
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