The health plan for Hill-Rom employees in
the U.S. includes medical,
dental, and vision. Health care premiums are deducted on a before-tax
basis.
The prescription drug benefit includes both retail and mail-order pharmacy.
The plan covers preventive,
basic and major services and Orthodontia for children.
A vision plan is also offered on
a voluntary basis. It provides coverage for
eye exams, lenses, frames and contact lenses every 2 years.
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Life Insurance
Accidental Death & Dismemberment
Coverage
Coverage provides an additional benefit in the event of death as a result of
an accident. A reduced benefit will be paid under this program upon loss of
limb, sight, speech, hearing or becoming disabled.
Business Travel Accident
Coverage
A benefit of $200,000 is provided to an employee’s beneficiary in the
event of accidental death while traveling on Company business.
Voluntary Accidental Death & Dismemberment
Coverage
Employees can purchase additional accidental death and dismemberment coverage
for themselves and their family at group rates.
Short Term and Long Term Disability Coverage
Both short and long-term disability
is provided.
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Tax favored spending accounts allow
employees to pay for a variety of out-of-pocket health care and
dependent day care expenses with before-tax money. There are two
types of FSA programs:
· Health Care Account -
Participation in the Health Care Spending Account allows employees
to pay for health care expenses with before-tax money.
· Dependent Care Account - This account allows participants to contribute monies on a before
tax basis for qualified dependent day care expenses.
The Company contributes 4% of eligible
pay into an employee’s 401(k) account regardless of whether
or not he/she decides to make contributions. Employees decide how
the money in their account is invested through Fidelity.
Employees also can contribute to
the Plan on a pre-tax basis up to 40% of their base pay (subject
to IRS limits).
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After six months of employment employees
may be 100% reimbursed for the cost of tuition, registration,
and lab fees for approved courses of study, which will increase
their competence in their present jobs or prepare them for future
related assignments.
Vacation time off with pay is provided based upon years of service.
The company observes the following holidays:
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All Others |
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New Year's Day |
New Years Day |
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Good Friday |
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Memorial Day |
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Labor Day |
July Fourth |
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Thanksgiving Day |
Labor Day |
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Christmas Day |
Thanksgiving Day |
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Friday After Thanksgiving |
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Christmas Eve Day |
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Christmas Day |
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New Year’s Eve Day |
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