COMPANY PAID HEALTH INSURANCE PLAN (FULL-TIME EMPLOYEES ONLY)
WatchGuard Video pays 100% of the Full-Time employee portion and 50% of the dependent health insurance coverage based on the $2,000 per year deductible plan. An employee may elect (at their own expense) a $1,000 per year deductible plan at an extra cost. Insurance takes effect on the 1st of the following month after the start date of employment.
COMPANY PAID PERSONAL TIME OFF (FULL-TIME/PART-TIME EMPLOYEES)
Beginning January 1st each full-time employee will be given 15 days to use during the calendar year however they wish. Vacation and sick days are considered personal days and are included in the 15 days each employee is given. Joining the company mid year, the number of days is prorated.
Part-Time employees will be eligible for personal time on the same basis as above. The hours of paid personal time is calculated on the average number of hours per workday worked over the previous six pay periods. The personal time policy applies to all regular full-time and part-time employees. No overtime hours will be included in this calculation.
Employees may take personal time in no less than ½ day increments.
COMPANY PAID VOLUNTEER TIME OFF (FULL-TIME EMPLOYEES)
Full time employees are also given up to 3 paid days for use in volunteering for Not-for-Profit charitable work.
COMPANY PAID HOLIDAYS (FULL-TIME/PART-TIME EMPLOYEES)
We celebrate 10 paid holidays each year. The employee manual will give the specific days.
COMPANY PAID LIFE INSURANCE (FULL-TIME EMPLOYEES ONLY)
The company pays for a $15,000 life insurance policy at no cost to the employee. Optional additional life insurance is available for the employee and family.
COMPANY PROFIT SHARING (FULL-TIME/PART-TIME EMPLOYEES)
All employees will share in a profit sharing plan. Profits are equally divided among all eligible employees and are not prorated by position or wage. Hourly employees will be prorated based on their actual hours worked. As the company is successful, all employees at all levels share in the success. Profit Sharing is paid as part of our payroll system subject to applicable taxes and usually calculated within 45 days of the end of a quarter.
LONG TERM DISABILITY (FULL-TIME EMPLOYEES ONLY)
Voluntary Long Term Disability is available at the employee’s expense. An employee would be eligible for up to 60% of the base pay.
401K PLAN (FULL-TIME EMPLOYEES ONLY)
Employees are eligible to participate on the first of the month following 30 full days of employment. The company matches 50% of the employee’s deferral up to 4% of the Employee’s salary with a four year vesting schedule.
125 CAFETERIA PLAN/FLEX MED PLAN (FULL-TIME EMPLOYEES ONLY)
This plan is one authorized to allow certain deductions for medical related expenses and allowable child care expenses to be deducted from your pay check tax free! (Federal Income Tax, Social Security, and Medicare). Medical and Dental Insurance premiums are one category that is allowed. Additionally, you can set aside an amount from each check to cover non-covered items such as deductibles for prescriptions, doctor visits, dental and or eye glasses and in some cases over the counter medications. The employee would submit receipts to the provider and would receive a reimbursement check for those expenses. All of these are then tax-free. WatchGuard Video pays the monthly fee associated with this program.
DENTAL AND VISION PLANS (FULL-TIME EMPLOYEES ONLY)
WatchGuard Video has arranged for two dental plans. Both plans are employee optional and are reasonably priced.
PPO plan(available to all employees): Allows you to go to any dentist of your choice and the insurance company based on “standard and customary charges” pays a percentage. The balance is employee paid.
DHMO Dental plan(available to Texas employees only): The employee chooses a specific dentist from those listed in the DHMO dental plan. That dentist only charges the employee pre-set deductible amounts for services provided.
Vision plan is available also at the employee’s expense. Detailed options provided when employed.
SUPPLEMENTAL PROGRAM: (FULL-TIME EMPLOYEES ONLY)
Through Colonial Supplemental Insurance, there is a voluntary package of available coverage. The coverage is an over and above plan that pays you directly if you should have one of these situations. Colonial is similar in nature to Aflac and other companies.
- Short Term Disability
- Cancer Insurance
- Accident Insurance
- Hospital Confinement Indemnity Insurance
EXPENSE REIMBURSEMENT (ALL EMPLOYEES)
WatchGuard Video reimburses company related expenses as part of the bi-weekly payroll process. All expenses received in the office with Monday’s mail or Sunday’s emails are reimbursed on that Friday’s paycheck. These expenses are not taxable and do not affect your W-2. WatchGuard Video does not issue company credit cards in most cases.
HEALTH CLUB MEMBERSHIP
WatchGuard Video pays 100% for an employee and their spouse to belong to Fitness Connection Health Club.