EMPLOYEE BENEFITS 2019

LMS’ employee benefits are designed to support and reward our great employees that work for us and their families, our package is not just about dollars and days off – it’s about your human, as well as financial, needs. 

Full time employees are eligible on day one for:

Personal Time Off Plan (PTOP)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.  Carry-over of 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

6.77 hours

22 days

5 years completed

8.31 hours

27 days

10 years completed

9.85 hours

32 days (maximum)

            
Alternate Work ScheduleThree schedule options to choose from:

  • 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             

Ten (10) Paid Holidays – LMS pays all full time employees for the following Holidays:

  • New Years Day/ Memorial Day
  • Independence Day /Labor Day
  • Thanksgiving Day/ Day after Thanksgiving
  • Christmas Eve /Christmas Day
  • New Years Eve /New Years Day
  • A Floating Holiday

Annual year-end facility shut down – December 24th – January 1st 

EAP – Employee Assistance Program 24/7 Free Access, Short Term Confidential Counseling.

Health Insurance with HRA – provided by Cigna.  LMS pays 80% of the HRA deductible, plus lump sum towards the premium shown below.  Employee pays balance of premium on a pre-tax basis.  2019 Deductibles are $3500 (single) and $7000 (couple/children/family). 

Medical Insurance Premium

Total Monthly Cost

LMS Pays per month

Employee Pays per month

Employee Cost per pay period

Single

$        561.09

$        561.09

$            0.00

$            0.00

Couple

$     1,178.27

$        841.64

$        336.63

$        155.37

Parent and Child(ren)

$     1,066.05

$        841.64

$        224.41

$        103.57

Family

$     1,683.24

$     1,122.18

$        561.06

$        258.95

 

HRA

Total Deductible

LMS Contrib. 80%

Employee Contrib. 20%

Single

$        3,500.00

$     2,800.00

$           700.00

Couple

$        7,000.00

$     5,600.00

$        1,400.00

Parent and Child(ren)

$        7,000.00

$     5,600.00

$        1,400.00

Family

$        7,000.00

$     5,600.00

$        1,400.00

 

401 (K) Retirement PlanLMS matches 100% of employee contributes up to a maximum of 5%.  Roth option is available. 

Life and AD&D InsuranceSecurity Mutual Life. $50k Life Insurance and AD&D policy paid 100% by LMS. 

Short term Disability Plan, Long Term Disability Planpaid 100% by LMS

Accident InsuranceLMS pays 100% for Employee (see below for additional optional coverage cost)

Dental Insurance Voluntary coverage through Cigna.  Paid by employee on a pre-tax basis through payroll.

Cigna Dental Insurance

Employee Monthly Cost

Employee Cost per pay period

Single

$          34.23

$          15.80

Couple

$          67.45

$          31.13

Parent and Child(ren)

$        100.28

$          46.28

Family

$        149.79

$          69.13

 

Vision Insurance – Voluntary coverage through Cigna.  Paid by employee on a pre-tax basis through payroll.

Cigna Vision Insurance

Employee Monthly Cost

Employee Cost per pay period

Single

$           5.90

$          2.72

Couple

$         11.80

$          5.45

Parent and Child(ren)

$         11.92

$          5.50

Family

$         19.03

$          8.78

 

Accident Insurance – Voluntary coverage through Security Mutual Life. LMS pays 100% of premium for employee.  You may add dependent coverage at cost shown below, on a pre-tax basis. 

Cigna Accident Insurance

Employee Monthly Cost

Employee Cost per pay period

Single

$          0.00

$        0.00

Couple

$          8.28

$        3.82

Parent and Child(ren)

$        12.13

$        5.60

Family

$        18.68

$        8.62

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. Paid quarterly, based on percentage of annual earnings. Key metrics are Net Income, On- Time Delivery and Quality.

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% reimbursement for As and Bs.
  • 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. If you go on vacation and you’ve been with us for 2 years, you’re eligible!

Everyone is eligible for: 

  • Free Fresh Fruit, Yogurt, Seltzer, Coffee and Tea
  • BBQs 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

To apply, send a resumé and cover letter to hr@liquidmeasurement.com and mention how you heard about LMS.