Our Benefit Package
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We believe our benefit package to be quite comprehensive. We have designed our benefits to attract and retain quality team members.
Incentive Plan
Our incentive plan is quite special. It is designed to include every Jasco team member and is calculated monthly based on "net income" which translates to a specific incentive percentage. Each eligible team member receives that percentage of his or her monthly pay. Ideally, we would like the percentage to average 6% annually or higher. There is no cap - the better we perform, the higher the incentive becomes.
401(k)
This is another benefit that increases as the company profits increase. Team members are eligible to enroll in our 401(k) Profit Sharing Plan after 3 months of service. After one year of service and 1000 hours worked within a 12 month period, team members are eligible for a match of 100% of deferral contributions not to exceed 4% of compensation. The match is guaranteed and is 100% vested. Jasco may also make an additional discretionary matching contribution up to 2%.
Health Insurance
Coventry Health Care - eligible the first of the month following 90 days of employment.
Dental Insurance
Dental Insurance - eligible the first of the month following 90 days of employment.
Life Insurance
Company paid benefit - eligible the first of the month following 90 days of employment.
Long Term Disability Insurance
Company paid benefit - eligible the first of the month following 90 days of employment.
Vacation and Sick Pay
Team members accrue up to two weeks vacation in the first four years and up to three weeks vacation after that. Four hours of sick pay is accrued for each month worked. Sick pay can be carried over and accumulated up to 120 days to protect a team member and his/her family against a major illness.
Other Benefits
A 125 Flexible Benefit Plan is available that allows pre-tax money to pay for medical and childcare. Eligible the first of the month following 90 days of employment. Voluntary supplemental plans are also available.
Jasco Products is an Equal Opportunity/Affirmative Action Employer.
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