Cagwin & Dorward is proud to offer benefits to all employees.
Vacation time is accrued from the first day of employment. Employees are eligible for one week paid vacation after working 2080 hours. Based on years of service, the vacation benefit ranges from one to four weeks of paid vacation.
Employees become eligible for seven (7) paid holidays annually. (Salary Positions - immediate, Administration - after 3 months, other hourly positions after 12 months)
CA Sick Pay:
After 90 days of employment, employees will be eligible to take up to 24 hours of Paid Sick Leave each calendar year.
Upon 90 days of continuous employment, group health insurance is available for employees, their spouse and eligible dependents. Cagwin & Dorward provides a generous base medical benefit amount for each employee.
Upon 90 days of continuous employment, Cagwin & Dorward offers groups rates for employees electing dental coverage for themselves, their spouse and eligible dependents.
Life Insurance & Employee Assistance Program:
Upon 90 days of continuous employment, Cagwin & Dorward fully pays the premiums for employee's electing Life Insurance. Additionally, the company pays towards participation in an Employee Assistance Program for employees to utilize.
Upon 90 days of continuous employment, Cagwin & Dorward offers groups rates for employees electing vision coverage for themselves, their spouse and eligible dependents.
Winter Savings Fund:
After 3 months of employment, employees become eligible to participate in this plan. Cagwin & Dorward contributes $0.05 for each hour a participating employee works during the year. Employees may elect to save up to $1.00 per hour worked. Funds are distributed to participants the last week of November. Dependent on their weekly deferral, distributions to participating employees can be over $2,000.00.
This plan is regulated by federal legislation and employees may choose to participate after a 12-month enrollment waiting period. Employees may elect to take any amount of their weekly taxable income in a 401(k) payroll deduction. Cagwin & Dorward will match 25% of this deduction. Funds are deposited into employee accounts to vest in a tax-deferred basis. Employees must be 21 years of age to participate.
This plan is regulated by federal legislation and participation is automatic after a 12-month enrollment waiting period. Full vesting takes place over a four-year period. Profit distributions are determined at the end of the year at the discretion of the Board of Directors. Funds are deposited into employee accounts to vest in a tax-deferred basis. Employees must be 21 years of age to participate.
Employees become eligible after one year of continuous employment. Profits are distributed to employees in December for the current business year. The owners and employees of Cagwin & Dorward jointly developed this plan. Bonus Pool earnings, based on pre-defined business objectives, are tracked and posted on a monthly basis.
The benefits listed and described above are brief descriptions of the benefits provided to the company's employees. Full and complete descriptions are available upon hire.