Skip Navigation Links
 
JSC Benefits Summary
MEDICAL INSURANCE Jagemann Stamping offers PPO and HSA options for medical insurance coverage for full time employees, with both in and out of plan coverage levels. The plan also covers prescription drugs and wellness benefits, as well as dental coverage. Optional vision care is available as well.

SHORT TERM DISABILITY Short term disability is available at a rate of 100% of base salary for 40 hours. The waiting period is the first day of an accident or inpatient hospitalization, or the eighth day of illness. The short term benefit duration is 26 weeks.

LONG TERM DISABILITY Long term disability is available at a rate of 60% of base salary for 40 hours, with a maximum benefit of $7,500 per month and a minimum of $100 per month. Coverage begins after 180 days of continuous disability. Your payment may be reduced by other sources of income and disability earnings. If disability occurs after age 60, the disability income will be reduced based upon the maximum period payment schedule up to age 70.

TERM LIFE / AD & D All full-time employees are offered an amount equal to 100% of their basic annual earnings, not to exceed $150,000. "Basic Annual Earnings" is defined as base pay at 40 hours, for 52 weeks, but not including bonus or overtime payment.

FLEXIBLE SPENDING ACCOUNT You can use the flexible spending account to save taxes by utilizing pre-tax dollars for allowed insurance premiums, eligible medical care and equipment, along with dependent care. The plan includes a Premium Only Plan, Medical Care Reimbursement and Dependent Care Coverage.

WELLNESS PROGRAMS JSC is committed to employee wellness in support of our most valuable resource, our people. Our healthy workforce also acts as a deterrent to rising medical costs. To this end, JSC offers several wellness benefits throughout the year. Some of the programs offered have included: Health Risk Assessments, onsite flu shots, smoking cession clinics, and nutrition education.

FITNESS CENTER JSC offers a fitness center for all employees and their spouses. The center is open during all business hours, and contains many pieces of equipment designed to meet all your fitness goals All employees and spouses are encouraged to visit the fitness center regularly, and take advantage of periodic offers such as fitness trainers, and equipment training. Separate and private shower and locker room areas are provided.

VACATIONS AND HOLIDAYS JSC offers a vacation schedule for all full time employees, based on length of employment. We also offer the following as paid holidays: New Year's Eve, New Year's Day, Memorial day, Independence Day, Labor Day, Thanksgiving Day, the day after Thanksgiving, Christmas Eve Day, Christmas Day and one floating holiday that can be assigned at the company's discretion.

QUARTERLY BONUS In addition to competitive wages, JSC offers a quarterly bonus plan, which may contribute to employee earnings. The company quarterly bonus plan is discretionary on the part of the company and is normally based upon company profitability for the quarter.

RETIREMENT PLAN JSC offers competitive retirement options, including opportunities for 401(k) and pension plan. Discretionary contributions can be made by the company on an annual basis. Please see the Human Resources department for more information on each of these plans.

EMPLOYEE ASSISTANCE PROGRAM Assistance available for problems related to family, marital, drug/alcohol abuse, financial problems, emotional stress, depression and work related issues through a local counseling service. Up to two assessment appointments for you or your family members are provided without cost to you. Should you decide to accept a referral, you will be assisted in choosing a provider who specializes in your problem area, or you can elect to continue with the services of our appointed provider. All charges for services beyond the two assessment visits will be referred to your health insurance and would be covered in accord with the provisions of that plan. All services received will remain confidential between our provider and the individual receiving services. Assessment and referral sessions take place at our provider offices. Records of service are the property of our provider and not provided to JSC.

CONTINUING EDUCATION SUPPORT JSC will assist with the payment of tuition and other educational expenses, up to $500 per year, additional funds can be made available with approval of the Education Steering Committee. We also have an education assistance plan for non-work related study, supporting courses and seminars that are strictly recreational in nature. There is also a scholarship program for children of JSC Employees who are attending post-secondary education.

Note: This review of benefits is intended to provide a general summary of benefits only and is not intended as a commitment to providing these benefit plans or levels, currently nor in the future. Please refer to the appropriate benefits handbook or Human Resources for exact provisions of the plans, level of benefits and payments.
© COPYRIGHT 2007 JAGEMANN STAMPING COMPANY