LMS recognized again as a 2022 Best Place to Work in Vermont!

 

2023 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 our 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

6.77 hours

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):

24/7 Free Access, Short Term Confidential Counseling

 

Health Insurance with HRA:

Provided by BCBS VT Gold CDHP. • LMS pays a generous share of premium, plus 75% of the HRA deductible. The employee pays balance of premium on pre-tax basis. 2023 Deductibles are$2,675 (single) and $5,350 (couple/children/family). Plan includes prescription coverage. All enrolles/dependents must designate a Primary Care Provider (PCP). 

 

Medical Insurance Premium

Total Monthly Cost  

LMS Pays per month

Employee Pays per month

Employee Cost per pay period

Single

$807.84

$735.22

$72.62

$33.52

Couple

$1,615.68

$1,180.09

$435.59

$201.04

Parent and Child(ren)

$1,559.13

$1,268.66

$290.47

$134.06

Family

$2,270.03

$1,543.62

$726.41

$335.27

 

HRA

Total Deductible

LMS Contribution

Employee Out-of-Pocket 

Single

$2,675.00

$2,006.25

$668.75

Couple

$5,350.00

$4,012.50

$1,337.50

Parent and Child(ren)

$5,350.00

$4,012.50

$1,337.50

Family

$5,350.00

$4,012.50

$1,337.50

 

401 (K) Retirement Plan:

LMS matches 100% of employee contributes 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 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 Dental.  Paid by employee on a pre-tax basis through payroll.

NE Delta Dental Insurance 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. Paid quarterly, based on a 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: 

  • 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 9th year!