LMS recognized again as a 2023 Best Place to Work in Vermont!
2024 EMPLOYEE BENEFITS
Designed to support and reward the great people of LMS and their families, our Benefits Package is not just about dollars & days off – it’s about your human, as well as financial needs.
Full-time employees are eligible on DAY ONE for:
Paid Time Off (PTO):
All full-time employees begin with a base PTO of 17 days per year, earned cumulatively per pay period, which includes vacation, sick time, and personal time. You may carry-over up to thirty-two (32) hours of unused PTO to the following year.
Years of Service Completed | Hours per pay period (2 weeks) | Days per Year |
Upon Hire | 5.23 hours | 17 days |
2 years completed | 22 days | |
5 years completed | 8.31 hours | 27 days |
10 years completed | 9.85 hours | 32 days (maximum) |
Alternate Work Schedule
Four schedule options to choose from (Note LMS only has one day shift):
Regular Work Week: 8 hours/day Monday – Friday
9 hours/day Monday – Thursday with 1/2 day on Fridays
9/80 Compressed work schedule – 9 hours/day with every other Friday off
Four Tens: 10 hours/day, 4 days a week
Hybrid-remote option: Monday and Friday – WFH option (applicable to position). With core on-site workdays of Tuesday – Thursday
Paid Holidays
LMS pays all full-time employees for the following Holidays:
Memorial Day
Independence Day
Labor Day
Thanksgiving Day & Day After Thanksgiving
Floating Holiday
Paid Annual Year-End Shut-Down, December 24th – January 1st
Employee Assistance Program (EAP):
A voluntary, work-based program that offers free and confidential assessments, short-term counseling, referrals, and follow-up services to employees who have personal and/or work-related problems.
Health Insurance with HRA:
Provided by Cigna. LMS pays a generous share of the premium, plus 75% of the HRA deductible. Employee pays balance of the premium on a pre-tax basis. 2024 Deductibles are $2,675 (single) and $5,350 (couple/children/family). Plan includes prescription coverage.
Medical Insurance Premium | Total Monthly Cost | LMS Pays per month | Employee Pays per month | Employee Cost per pay period |
Single | $824.00 | $749.92 | $74.08 | $34.19 |
Couple | $1,648.00 | $1,203.70 | $444.30 | $205.06 |
Parent and Child(ren) | $1,590.33 | $1,298.11 | $292.22 | $134.87 |
Family | $2,315.45 | $1,574.51 | $740.94 | $341.97 |
HRA | Total Deductible | LMS Contribution | Employee Out-of-Pocket |
Single | $2,675.00 | $2,006.25 | $669.00 |
Couple | $5,350.00 | $4,012.00 | $1,338.00 |
Parent and Child(ren) | $5,350.00 | $4,012.00 | $1,338.00 |
Family | $5,350.00 | $4,012.00 | $1,338.00 |
401 (K) Retirement Plan:
LMS matches 100% of employee contribution; up to a maximum of 5%. Roth option is available.
Life and AD&D Insurance:
Renaissance $50k Life Insurance and $50k AD&D — 100% of the premium paid by LMS.
Short Term & Long Term Disability Insurance:
Paid 100% by LMS
Dental Insurance:
Optional coverage through NE Delta Dental. Paid by employee on a pre-tax basis through payroll.
NE Delta Dental Insurance | Employee Monthly Cost | Employee Cost per pay period |
Single | $42.87 | $19.79 |
Couple | $80.34 | $37.08 |
Parent and Child(ren) | $85.87 | $39.63 |
Family | $140.54 | $64.86 |
Vision Insurance:
Optional coverage through NE Delta Vision. Paid by employee on a pre-tax basis through payroll.
NE Delta Vision Insurance | Employee Monthly Cost | Employee Cost per pay period |
Single | $5.59 | $2.58 |
Couple | $10.91 | $5.03 |
Parent and Child(ren) | $10.57 | $4.88 |
Family | $16.54 | $7.63 |
Accident Insurance:
Optional coverage through Renaissance Life. LMS pays 100% of premium for employee. You may add dependent coverage at the cost shown below, on a pre-tax basis.
Renaissance Accident Insurance | Employee Monthly Cost | Employee Cost per pay period |
Single | $0.00 | $0.00 |
Couple | $8.24 | $3.80 |
Parent and Child(ren) | $10.11 | $4.67 |
Family | $18.35 | $8.47 |
Full time employees are eligible following 6 months of service for:
Scorecard Incentive Program – Annual program that rewards all employees when the company meets its performance goals.
Full-time employees are eligible following 1 year of service for:
Tuition Reimbursement Plan – Provides eligible employees with the opportunity to obtain, maintain or improve job-related or career-related skills and competencies. 100% of applicable expenses paid up to the allowed maximum per year.
Wellness Reimbursement – Annual benefit up to $350 for permissible exercise activities & equipment.
Full-time employees are eligible following 2 years of service for:
$1,000 Vacation Stipend – Annual benefit to help employees make the most of their time off by helping with vacation expenses. You must take 40 consecutive hours of PTO to submit for reimbursement.
Everyone is eligible for:
Weekly snacks and seltzer
BBQ Wednesdays — every other week, all summer long
Summer & Winter company events
Fall Harvest Pot-luck, Groundhog Day Chili Cook-Off, Annual Horseshoe Tournament, and more
Now a Best Place to Work in Vermont for the 10th year!
