Employee Benefits Program Sample Clauses
The Employee Benefits Program clause outlines the employer's commitment to providing certain benefits to employees as part of their overall compensation package. This clause typically details the types of benefits offered, such as health insurance, retirement plans, paid time off, and other perks, and may specify eligibility requirements or enrollment procedures. Its core practical function is to clearly inform employees of the benefits they are entitled to, ensuring transparency and helping to attract and retain talent by formalizing these offerings in the employment agreement.
Employee Benefits Program. The District will contribute benefit credits toward the employee’s Flexible Benefits Program. Flex credits will be allocated to both the “core” and “buy up” PPO options. The level of Flex credits will be based upon the tier of medical coverage elected or the waiving of medical coverage. The Flexible Benefits coverage provided by the District for Residential Faculty members in the course of their employment, will also be provided in the same manner for those Residential Faculty members while on sabbatical or other paid leaves of absences.
Employee Benefits Program. County Employee Benefit Program.
Employee Benefits Program. 1. All District contributions health plans are subject to the hard caps set forth in MCL 15.561 Employees and eligible dependents will become eligible for health care coverage upon their 89th calendar days of their employment.
Employee Benefits Program. 24 2.7.1 The District shall make contributions for qualified medical, dental, vision, life, and long- 25 term disability insurance programs and coverages. Each unit member’s contribution 26 obligation for the medical insurance is determined by the level of coverage (single, two 27 party, family) that is selected and FTE. Employees must enroll in the medical plan to
1 2.7.1.1 Beginning with the plan year January 1, 2022 for the tenthly District contribution 2 to medical insurance on behalf of each full-time employee is as follows:
Employee Benefits Program. 11.1 Forestry Tasmania provides for its employees a range of benefits designed to improve work/family life balance and employee well-being generally. These benefits include but are not limited to:
a. Paid Maternity Leave;
b. Job Sharing;
c. Employee Assistance Program; d. Support for non-work related rehabilitation;
Employee Benefits Program. The Executive shall be entitled to benefits available to any other similarly situated executive employee of the Company pursuant to Company programs (the “Employee Benefits Program”), including, by way of illustration, but not limitation, paid holidays, sick leave, dental, and health insurance programs of the Company, as and to the extent that any such programs are or may from time to time be in effect. Notwithstanding anything to the contrary contained herein, Executive shall be entitled to four (4) weeks of paid vacation per year commensurate with the Company’s vacation policy, which shall be taken at times as the CEO reasonably approves. The Company shall not be obligated to institute, maintain, or refrain from changing, amending or discontinuing any benefit plan, program or perquisite, so long as such changes are similarly applicable to other executive employees of the Company.
Employee Benefits Program. In addition to the compensation to which the Executive is entitled pursuant to the provisions of Section 3 of this Agreement, during the term of his employment, the Executive is eligible to participate in any pension or retirement plan, insurance or other employee benefit plan that is maintained at that time by the Company for its senior executive employees, including programs of life, disability, medical, dental and vision insurance, subject to the provisions of such plans as may be in effect from time to time and applicable law. The Company reserves the right to modify, suspend or discontinue any of its employee benefit plans or programs at any time without recourse by the Executive.
Employee Benefits Program. The Board will provide each eligible employee who makes timely application for hospital-medical- surgical benefits (hereinafter, “health benefits”) and her or his eligible dependents (inclusive of other qualified adults as defined in Appendix F) with a flexible benefits account (hereinafter, “flex account”) under the district’s cafeteria plan from which to purchase health benefits. The district will make the premium payments from each employee’s flex account. Each eligible employee who makes timely application for health benefits or for cash in lieu of health benefits will be given a flex account in one of the following amounts (beginning with the calendar year 2009).
1) Choosing the option to health benefits (Article XVIII, Section E.6.)
2) Choosing the health plan-MESSA Choices Plan with the Saver Rx Prescription Rider and the Adult Immunization Rider and the Adult Immunization Rider effective February 1, 2011.
Employee Benefits Program. The Executive shall be entitled to be reimbursed for health benefits provided by Stanmore Capital (up to $1400 per month) and benefits available to any other Executive employee of the Company pursuant to Company programs (the “Employee Benefits Program”), including, by way of illustration, but not limitation, car allowances, insurance allowances, paid holidays, sick leave, dental, and health insurance programs of the Company, as and to the extent that any such programs are or may from time to time be in effect. Notwithstanding anything to the contrary contained herein, Executive shall be entitled to four (4) weeks of paid vacation per year which is commensurate with the Company’s vacation policy, which shall be taken at times as the CEO reasonably approves and the Company shall include Executive as a covered employee pursuant to its Directors and Officers insurance policies and except in the event of termination pursuant to Section 6.2.1 (ii) or (iv), shall maintain Executive as a covered employee pursuant to such policy for a period of twelve (12) months from the effective date of the Executive’s employment. The Company shall not be obligated to institute, maintain, or refrain from changing, amending or discontinuing any benefit plan, program or perquisite, so long as such changes are similarly applicable to other executive employees of the Company.
Employee Benefits Program. The Board will provide each eligible employee who makes timely application for hospital-medical-surgical benefits (hereinafter, "health benefits") and her or his eligible dependents (inclusive of other qualified adult as defined in Appendix F) with a flexible benefits account (hereinafter, "flex account") under the district's cafeteria plan from which to purchase health benefits. The district will make the premium payments from each employee’s flex account. Each eligible employee who makes timely application for health benefits or for cash in lieu of health benefits will be given a flex account in one of the following amounts (beginning with the calendar year 2009).
1) Choosing the option to health benefits (Article XVIII, Section E.6)
2) Choosing the traditional health plan-MESSA Choices Plan or MESSA 250/20 Plan with the 10/20 drug card