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Dudek and Bock Spring Manufacturing Company offers extensive benefit programs to its employees.

These benefits represent on average of, 30% or more of an employee's total salary or wages, and play a significant role in the Company�s overall compensation system. In efforts to continuously improve its operations, and remain competitive in the industry, executive management is committed to providing competitive compensation programs to all employees. Major programs the Company currently provides are summarized below. Further information regarding eligibility, enrollment, and ongoing administration for all benefits and compensation programs may be obtained from the Human Resource Department.

MEDICAL BENEFITS

The Company provides medical insurance coverage's under the United Healthcare Select HMO or the Open Access PPO. There is a thirty-day waiting period for new hires desiring coverage under either plan. Both plans provide coverage's to minimize out of pocket expense for Prescription Drugs. They also provide Vision Care benefits through Pearl Vision, Sears Optical, JCPenney, etc. Medical Plan cost and benefit summaries are contained in the New Hire Orientation packet or may be obtained from the Human Resource Department.

DENTAL BENEFITS

The Company provides dental insurance coverage�s under the First Commonwealth HMO or PPO. There is a thirty-day waiting period for new hires desiring coverage under either plan. Dental Plan cost and benefit summaries are contained in the New Hire Orientation packet or may be obtained from the Human Resource Department.

LIFE INSURANCE

The Company provides the following Life Insurance Benefits to employees:

  • Union $17,000.00

  • Non-Union $20,000.00

Life insurance coverage's are reduced to 50% of the original benefit amount upon attainment of age 70. New hires become eligible for life insurance following one year of service with the Company. Payments of benefits are subject to terms and conditions set forth in the plan.

SHORT TERM DISABILITY

The Company provides Short-Term Disability insurance to employees. There is a 31-day waiting period for new hire eligibility. This sick leave benefit pays $220.00per week for a maximum of 26 weeks following an initial seven-day waiting period. Payments of benefits are also subject to other terms and conditions set forth in the plan.

LONG TERM DISABILITY

The Company provides Long-Term Disability insurance to employees. After an employee has been on 26 weeks of Short-Term Disability and is unable to perform any work duties, Long-Term Disability would go in to effect. Long-Term Disability pays 50% of the employees wages until age 65 for total disability, subject to the terms and provisions set forth in the plan.

TUITION REIMBURSEMENT

The Company provides a continuing education benefit under the tuition Reimbursement Program up to a maximum of $300.00 per year. Employees wishing to take advantage of this program may receive a copy of the policy and eligibility requirements from the Human Resource Department.

401K DEFERRED SAVINGS PLAN

The Company offers employees a tax deferred savings plan through Fidelity Retirement Services Company. There is a 6 month waiting period for new hires wishing to enroll in this program. The program includes a company matching contribution, loan and other in service withdrawal options, as well as nine investments accounts to which employees may distribute their savings. Enrollment packets for this program may be obtained from the Human Resource Department.

MAXIMUM CONTRIBUTION BY THE COMPANY

  • Effective March 1, 2000 $300.00

  • Effective March 1, 2001 $325.00

COMPANY PAID HOLIDAYS

The Company provides 11 paid Holidays as follows:

  • New Years Day Thanksgiving Day

  • Good Friday Friday after Thanksgiving

  • Memorial Day Christmas Eve Day

  • Independence Day Christmas Day

  • Labor Day New Years Eve Day

  • Employee Birthday

PERSONAL DAYS

After one year of service full-time non-union, non-exempt employees are allowed to take three (3) paid sick/personal days to be used a year.

VACATION

Employees are eligible for vacation in accordance with the following schedule:

LENGTH OF SERVICE LENGTH OF VACATION

  • 1 Year 1 Week

  • 2 Years 2 Weeks

  • 6 Years 3 Weeks

  • 15 Years 4 Weeks

FLEX TIME SCHEDULING

In recognizing personal needs of it's employees, the Company offers flex time scheduling when feasible and without disruption to day to day business operations. Such scheduling is subject to conditions set forth in the Company policy addressing Flextime, which may be obtained from the Human Resource Department.

MISCELLANEOUS BENEFITS

In addition to the formal benefit programs summarized above, the Company participates in a number of programs offering discounted fees or coupons to the Disney World Magic Kingdom, Busch Gardens, Great America etc. Employees wishing to take advantage of such programs, should contact the Human Resource Department for further information.

 


 

 

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DUDEK & BOCK     *   5100 W. Roosevelt Rd. Chicago, IL 60644    *   Phone: 773-379-4100    *   Fax: 773-379-4108

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