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Compensation and Benefits

Total Compensation

As you know, total compensation encompasses more than the salary you are paid as an employee. At Haake Companies, we understand the value of your total compensation package, which encompasses all of the following:

Compensation

Base Compensation – Highly competitive salary
Bonus – Discretionary quarterly bonuses based on company performance and goals

Health & Welfare

Medical (including Prescription coverage)
         Provider:  Blue Cross Blue Shield of Kansas City
         Plan Options:  Blue Care HMO,  Preferred Care Blue PPO, or Blue Saver HDHP with HSA

Dental
         Provider:  Delta Dental
         Coverage:  Comprehensive coverage for preventative, basic and major services

Vision
         Provider:  Vision Services Plan (VSP)
         Coverage:  Comprehensive coverage for exams, glasses including lenses and frames
         and contacts

Flexible Spending Account (FSA)
         Provider:  Phillips Resource
         Medical FSA: Opportunity to pay for eligible medical, dental & vision expenses
         with pre-tax dollars, reducing taxable income
         Dependent Care FSA:  Opportunity to pay for eligible dependent care expenses with pre-tax
         dollars, reducing taxable income
         Limited Purpose FSA:  To use in conjunction with the HSA for additional dental & vision
         expenses only

Health Savings Account (HSA)
         Provider:  Wells Fargo
         Coverage:  Opportunity for those enrolled in the HDHP to pay for eligible medical,
         dental & vision expenses with pre-tax dollars

Disability
         Provider:  Reliance Standard
         Short-Term Disability Coverage:  60% of current wages for up to 11 weeks of disability
         Long-Term Disability Coverage:  60% of current wages for disabilities lasting over 90 days

Basic Life Insurance
         Provider: USAble Life
         Basic Life Coverage:  $20,000 of Life Insurance coverage provided by the Agency

Voluntary Life Insurance
         Provider: Reliance Standard
         Voluntary Life Coverage:  Opportunity to purchase additional Life Insurance coverage for
         self and/or family members
         Voluntary AD&D Coverage:  Opportunity to purchase AD&D coverage for self and/or
         family members

Retirement Plans

401(k) Plan
         Provider: Mercer                                          
         Coverage: Tax-deferred retirement savings plan allowing up to 75% of salary deferral
         with partial vesting of the company match after 2 years of service
         Employer Match: Up to 50% of the first 6% of covered pay after 1 year of vesting service

Paid Time Off (PTO)

        1st Year            5th Year            10th Year
         15 days              20 days              25 days
 
Paid Holidays

        New Year’s Day                        Labor Day
        President's Day                        Thanksgiving Day & Day following Thanksgiving
        Memorial Day                            Christmas Eve & Christmas Day
        Independence Day                   One Floating Holiday

**Benefits outlined herein are only a brief overview; plan details can only be determined by thorough examination of the actual plan documents**

 

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