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Employee Benefits |
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All
Employ America employees are paid by having their payroll funds loaded
onto a Visa/MasterCard Debit Card. This is a guaranteed issue debit card
- no credit or background checks are required.
Like a virtual checking account, the card allows employees to pay their bills and have easy access to funds without hard copy checks. The Cost of the card is just $2 per month with one completely free ATM transaction per load; and can be used world-wide like any other Visa/ MasterCard credit card. Employees are oriented to the use of this card at ATM ’s and merchants. If the employee leaves EA and goes to work for another employer, the new employer can direct deposit payroll directly onto this card as if it were a regular checking account. In addition, the employee can continue to benefit from EA’s benefit plan. |
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Transit Benefit Cards* allow
public transportation costs, normally paid for by the employee after
tax (from their take
home pay), to be purchased by the employee pre-tax through EA.
This Transit Benefit is available in most urban markets. The cost of the Transit Benefit is paid by the employee electronically using the Visa/ MasterCard Debit Card. Transit Benefit card can be kept and paid for if the employee should leave Employ America and go to work elsewhere. Section 132 can reduce the cost of public transportation by 25-38% or more if arranged by EA. Electronic payment of transit benefits the employee saving up to an additional 10% on benefit cost. *Benefits may vary by city. |
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Lower wage employees
often are not offered benefits as they may not be entitled to them, or
they simply cannot afford the employee portion of the benefit plan their
employer offers.
Major medical insurance costs can range from $500-$800 (after tax) a month for employee only coverage, which is well beyond the range of those earning near minimum wage. EMPLOY AMERICA is proud to offer its employees a LIMITED BENEFIT HEATH PLAN underwritten by AETNA. This Guaranteed Issue coverage does not require underwriting and has no pre-existing conditions limitations. It combines Medical Coverage with the value of a Discounted PPO Network to make more efficient use of benefit dollars. Coverage includes hospital inpatient, outpatient, Wellness Care Benefit and Prescription Drug Benefit. It also covers basic office visits, flu shots, tests, etc. ($15 co-pay). Paid for pre tax under section 125 deductions reducing cost by 25-30%. After tax cost of approximately $63 per month for employee only coverage before EA’s employer subsidy. Employees can avoid County hospitals for routine checkups. This benefit is portable if the employee should leave EA. |
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Individual
Development Accounts (IDA) are matched savings accounts that enable qualifying
individuals with a unique opportunity to build assets and achieve economic
well-being. Similar to Individual Retirement Accounts (IRAs), IDAs encourage
monthly savings. However, IDA accounts are specifically designed for
individuals who are working to purchase a home or to pay for post-secondary
education. Employ America offers this innovative program to help employees gain financial traction and independence. EA's IDA program combines financial literacy education and a match on savings towards an asset goal such as a first time home purchase, start a business, or post-secondary education. |
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I-GO is a unique car sharing service that lets you drive when and where
you want, just like owning a car! All Employ America employees are
eligible for the I-GO car sharing and car-pooling program.
In the markets where it is available, employees are able to rent a car by the hour, (unlike regular car rental companies that only rent for an entire day) for trips to the store, a vacation, emergency situations, etc. No insurance is necessary. Participants in this program must be Employ America employees, have a valid driver’s license, be 21 years old, and have an EA debit card (the VISA payroll debit card works here). All cars are available 24 hours a day, 7 days a week. Cars can be reserved for 1 hour or more. Employ America covers the annual membership cost leaving only the hourly cost to the employee. Employees that leave EA’s employment can continue to use the I-GO program, however the cost will increase and the method of payment may change. Costs start at $6 per hour (includes auto insurance) plus $.50 per mile. Can be paid on a payroll deduction basis. This benefit is portable should the employee leave the employment of EA. |
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VOLUNTARY PAYROLL DEDUCTION ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE
Employ America offers it’s employees the opportunity to purchase additional amounts of AD/D insurance over and above the $10,000 that is currently provided. In addition employees can add their families (Spouse and/or dependent children) to this valuable coverage. Coverage is available in choices of $25,000, $50,000, $150,000, $200,000, and $250,000. |
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Employ
America is working with Generations
of Success which has partnered with Ways to Work (both
501c3 non-profits) to facilitate small, low-interest auto loans to
employees of EA for the purchase or repair of automobiles. This is
done through the established Ways to Work Loan program. Loans are provided
to qualified and approved applicants that demonstrate the ability to
repay a loan, but are unable to qualify for conventional loans. The
vast majority of our loans are made for the purchase of modestly price
used vehicles to provide stabilization or improvement in their family
and employment situations. The loan program will link employees to resources to 1) alleviate hardship and facilitate the ability of low-income parents to work, 2) provide financial management education, and 3) contribute to individual and family self-sufficiency and asset building ability. The primary goal is to provide opportunities for individual employees to become financially self-sufficient. This 19 year initiative of providing small loans to low-income families to help them stay on the job was developed by the Mc Knight Foundation and has provided over 26 million dollars in loans to over 19,000 families across the nation. In working with Ways to Work, Generations of Success will provide the introduction, selection, financial training and management of the Auto Loan program to the approved employees of Employ America. |
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Employ America (EA)
has partnered with Generations
of Success, a 501c3 non-profit that provides
an Employee Assistance Program (EAP) to the employees of EA. These services
will be training programs and referral services to address personal and
work related issues. Having a targeted and effective EAP can help reduce
absenteeism and tardiness, while also increasing productivity, decrease
employee turnover, and most importantly enhance morale. The enhanced
morale and confidence of an employee leads to a higher level of performance,
which contributes to overall company productivity. Either as a Service
Connector or working directly with employees, the EAP service will provide
high quality, cost effective services that are uniquely tailored and
managed.
This confidential service will be provided Monday - Friday, 8:00 a.m. - 5:00 p.m. CST by calling (800) 409-8716. In addition, Employ America in working with Generations of Success will periodically provide training seminars to employees to meet the suggestion and interest of the client and employee communities. |
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Employees that leave EA will be able to retain the following benefits: MasterCard Debit Card can be kept and used to have funds direct deposited
onto just like a regular checking account (without the checks. Funds
can be from another employer or any other source with the ability
to send funds electronically |
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