Benefits

A Chronology of the Benefits of Being a Kuntz Employee

• Cafeteria deductions can come right off your pay



• You have a choice to have your vacation pay of 4% paid weekly or have us accrue it until end of June when there is usually plant shutdown in July.



• You get probationary T-shirts.



• You have the opportunity to have up to 4 bank accounts, which can be very helpful when saving.



• Our Recreation Association, funded by you and the company, has activities such as Christmas Parties, Family picnic, and social outings.



• Access to EAP Employee Assistance Plan, when needed



• A Shift premium of 5% of your base rate. This is paid on afternoons and nights.



• Payment of all Statutory Holidays (but not non-statutory holidays i.e. civic holiday or floater)



• The company generally issues Christmas grocery gift certificate.



• Suggestion awards are rewarded

• Life Insurance of $10,000 paid for by the company



• Opportunity to purchase additional Life Insurance, cost covered by employee



• Accidental Death & Dismemberment Insurance of $10,000 paid for by the company



• Short term disability benefit if you qualify. This will mean a weekly income of 55% of weekly earnings. Maximum of $413. Qualifying period for this benefit is 14 days. The maximum period of payment is 26 weeks and this is a taxable benefit



• Prescription Drugs are paid by the employee and the company reimburses 80% to the employee (and dependents) up to the maximum limit of $250.00.



• Dental care is 80% paid by the company to a maximum of $750.00 per covered person. This is for basic treatments only. Remember Recall examinations are every 9 months not 6 months.

Your probation period is complete and here is the benefit package:


• You are entitled to share in the Kuntz Pride Profit Sharing Plan.



• Christmas Bonus - If declared, you will be entitled to a $10.00 bonus cheque. Each additional year that you work at Kuntz your Christmas bonus cheque grows. Example 2 years - $20.00, 3 years - $30.00



• Uniforms - You are entitled to order uniforms every 12 consecutive months. The allotment for one year is 5 shirts and 3 pairs of pants. Salaried personnel are allowed $400.00 per year.



• Safety Shoe's - You are given a safety shoe allowance of $90.00 every calendar year. This means if you are given your shoe allowance of $90.00 in Dec/07 then you will be eligible for another shoe allowance Jan /08.



• Prescription Safety Glasses - You are entitled to 1 pair of prescription safety glasses from our authorized dispensers. Replacement glasses may be obtained every 2 years. Remember to get the appropriate paperwork from the Safety Department first.



• Paid Holidays - You are paid for non-statutory holidays. Non - Statutory holidays are August Civic Holiday and 1 Floating holiday.



• Jury Duty - You will be compensated for the difference between the wages that you would have earned for your missed shift and the amount that you receive for jury pay.



• Bereavement - When a death occurs in your immediate family, the company will provide time off with pay as follows:




Partner or Children*		1 work week
Mother or Father*		1 work week
Son or Daughter-In-Law		1 work week
Brother or Sister		1 work week
Mother or Father-In-Law*		3 days
Grandparent (& Greats* & In-Laws)*		2 days
Grandchild		3 days
Brother or Sister-In-Law*		3 days
*applies to commmon-law and step relations as well.




• Birth or Adoption of a child - You will be provided one day's pay for Birth of the child of the employee or employee's partner or for placement of a child with the employee for adoption.

Additional Benefits include:


• Life Insurance Coverage is Minimum of $30,000 or 100% of annual earnings (Annual hour's base x rate). Accidental Death & Dismemberment Insurance is also a minimum of 30,000 and the overall maximum is $100,000.



• Disability Income of 66.7% of weekly earnings. Maximum of $1,300. Qualifying period for this benefit is 14 days. The maximum period of payment is 26 weeks.



• Long Term Disability Insurance of 60% of monthly earnings to a maximum of $2,500 monthly. The benefits commence after 182 days of continuous disability. This benefit is paid for by the employee weekly.



• Prescription Drugs - The maximum now increases to $7,500 coverage per calendar year per person. You now receive your Drug Card and benefit booklet. The company pays 80% of all covered drugs.



• Hearing Aids - the company will pay 80% of any hearing aid cost up to a maximum - $500 per covered person every 60 consecutive months.



• Vision Care - the company will pay 80% of vision care cost up to a maximum $200 per covered person every 24 months for adults and $200 every 12 months for Dependent Children under age 19, this includes the eye exams.

Other benefits include

• $500 combined per family unit per benefit year (January 1 till December 31) for Chiropractor, Massage Therapy, Naturopath, Osteopath, Physiotherapy, Podiatrist, Psychologist, and Speech Therapy.


Dental Care - Company pays 80% of following procedures

• Complete Examination - every 36 consecutive months per covered person
• Recall Examination - every 9 consecutive months per covered person
• Specific Examination - every 12 consecutive months per covered person
• Emergency Examination - limit of 2 examinations per person every 12 consecutive months
• Complete Series of Radiographs or Panoramic Radiograph - limit of one per covered person every 36 consecutive months
• Bite-Wing Radiographs - limit one per covered person every recall period (9 months)

Dental Services


• Fluoride Treatment for children under the age of 19 - limit of one per covered person every recall period.
• Oral Hygiene Instruction means how to properly clean your teeth and gums properly - limit of one per covered person every 36 consecutive months.
• Polishing/Light Scaling - limit of 2 per covered person every recall period (9 months)
• Scaling/Root Planning - limit of 8 fifteen-minute time units per covered person per benefit year (Jan 1st - Dec 31st)

Maternity and Parental Leave


• Parental leave is available to both male and female employees who have been employed by the company for a minimum of 13 weeks. It is also an unpaid leave of absence, and is available for a maximum of 35 weeks. Parental leave must begin within 52 weeks of either the birth of the child, or the arrival of the child in the parent's home. Remember to ask about continuing your LTD coverage during this time.



• When returning from Maternity leave the employee is given a gratuitous payment equal to the difference between 66.7% of her regular earnings to a maximum of $1,300 and her weekly maximum Employment Insurance entitlement for the period of her pregnancy leave.

RRSP/DPSP


• An employee can now join our RRSP/DPSP or RESP/DPSP plan, or combination there of which entitles you a 50% matching of your contributions from 2% to 6%. E.g. If you put in 6% the company will put in 3%. Kuntz offers a variety of investment options through their RRSP/DPSP carrier.

On Your 5th Anniversary

• You will now receive 3 weeks holidays which is 6% vacation pay

On Your 10th Anniversary

• You will now receive 4 weeks holidays which is 8% vacation pay

On Your 15th Anniversary

• 75% RRSP matching by the company to your DPSP

On Your 20th Anniversary

20 YEAR BENEFIT



• You will be reimbursed the employee's portion of the CPP and EI premiums (which currently is about $2,760 per year) evenly over the pay periods for a year. [53.08 per week for 2008]
  
  
• You will now receive 5 weeks holidays which is10% vacation pay.
  
  
• You will now receive 100% RRSP matched by the company
  

On Your Retirement

Kuntz Electroplating Inc. greatly appreciates the time and effort employees have contributed to the Company over their working careers. To demonstrate this appreciation, Kuntz has developed a package of Post Retirement Benefits to assist employees in making the transition from work to retirement. It is expected that these Post Retirement Benefits will provide additional financial security to employees and their families after the employee retires.

Qualifications:
To be eligible to receive Post Retirement Benefits, employees must meet the following criteria:

• Employees must be minimum age of 55 years on the date of retirement; and


• Employees must have a minimum of 10 years service on the date of retirement.

Employee's who leave Kuntz and who do not meet the age and service qualifications, will not be eligible to receive Post Retirement Benefits.

Benefits:
1) Company Gift
Kuntz will pay an amount to each retiring employee equal to $100.00 for each complete year of service. Example an employee working here 30 years would receive $3,000.00

2) Group Insurance Benefits
Kuntz has established a plan with its Group Insurance carrier to provide Group Insurance benefits to our retired employees. Kuntz will pay the premiums for the Retiree Group Insurance benefits.

Group Insurance Benefits Duration:
Post Retirement Benefits will be extended to employees, based on the following schedule:

Retirees with 10 years of service 1 additional year of benefits but not beyond age 70
Retirees with 15 years of service 2 additional year of benefits but not beyond age 70
Retirees with 20 years of service 3 additional year of benefits but not beyond age 70
Retirees with 25 years of service 4 additional year of benefits but not beyond age 70
Retirees with 30 years of service 5 additional year of benefits but not beyond age 70
Retirees with 35 years of service to age 65 or a minimum of 5 yrs, not beyond age 70

• Life Insurance coverage is $10,000
  
• 80% of covered Prescription Drugs up to a maximum payable is $7,500 per calendar year
  
• 80% of Vision Care up to a Maximum of $200 every 24 months
  
• 80% of Hearing Aids up to a maximum of $500 every 60 consecutive months
  
• 80% of out of hospital Private Duty Nursing care up to a maximum of $10,000 per covered person per calendar year, but you need to qualify
  
• 80% of dental care basic services up to a maximum of $1,500 per year per covered person
  
• 80% of Periodontics/Endodontics up to an annual maximum of $1,500 per covered person
  
• Major Restorative work ,annual maximum $1,500 per covered person 50% reimbursements
• 35 or more years service coverage for benefits until the Provincial Drug Plan
  for seniors becomes effective (currently age 65) or 5 years minimum coverage.

In no event will Post Retirement Benefits extend beyond age 70.