Our company, by law, is required to withhold a portion of each associate's pay for various government programs.
ELIGIBILITY: All associates.
EFFECTIVE DATE: Immediately upon employment.
BENEFIT: Federal and state taxes are withheld based on the information provided by the associate on Form W-4.
Social Security tax is deducted to provide insurance protection for: retirement, disability benefits, life insurance, and Medicare. The company matches every dollar you pay.
The company pays taxes for Unemployment Compensation insurance. It is company practice to assist associates in obtaining unemployment compensation benefits when they are entitled to them. However, unemployment compensation benefits will be opposed when it is determined that an associate is not entitled to payment. Generally, an associate who voluntarily resigns or is terminated because of misconduct is not eligible to collect unemployment benefits.
The company pays Workers' Compensation Insurance. This covers any associate who is injured or disabled while working. Workers' Compensation may provide income, medical payments and rehabilitation benefits. All accidents and injuries on the job must be reported immediately to the associate's supervisor and to the Risk Management Department. If reports are not filed with the state in a timely manner, fines may result.
TERMINATION: All taxes and insurance benefits are stopped when an associate terminates, other than those rights generated by the employment.