13. 1. What are your benefits and how important are they to the organization? Liberty Power - Benefit Plan Descriptions Benefit Plans Descriptions Medical United Healthcare - PPO options are based on deductibles of 500, 1,500 or 3,000. Liberty pays 100% of premiums for all levels of 1500 plan. Liberty supplements 500 and 3,000 plans. Dental United Healthcare - PPO dental plan is included in the medical benefit plan at no additional cost Vision Vision Service Plan - Vision plan is included in medical benefit plan at no additional cost Life & Personal Accident Insurance Cigna Life and Personal Accident insurance 1 X salary up to $50,000 is included with medical plan at no additional cost. 401k Plan American Funds - Liberty pays $ for $ up to 4% of employee's contributions. Employees are 100% vested upon hire. Training & Development Online and in-house training courses available to all employees. Online training is available 24/7 via a web-based training portal. Holidays 10 paid holidays per year Vacation Days 2 weeks accrued vacation per year Personal Days 2 days accrued personal time per year Sick Days 5 days accrued sick time per year Employee Assistance Program Confidential counseling and support program for employees and their families. Voluntary Life & Personal Accident Insurance Employee paid Voluntary Life & Personal Accident Insurance for employee and dependents. Voluntary Basic STD & LTD Employee paid STD and LTD benefits through Cigna. *Note - All benefits available upon date of hire
14. 2. How do you communicate the true value of your benefits package to new employees?
15. 3. What is the average additional cost of an employee compensation package?
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17. 5. How does LP keep up with benefit laws across the various states?