Career Center Jobs Home Who is Iomega? Why Work at Iomega? Iomega Recruiting Process Job Listings email this page to a friend    how can i... Benefits Health Care Benefits Medical, Dental, and Vision Benefits Medical Plan with Aetna Two Dental Plans with Cigna Dental Vision Service Plan with VSP 401k Plan The 401(k) Plan is a retirement plan that allows employees to set aside a portion of their income on a pre-tax basis for retirement. Employees are eligible on their first day of employment. Employees may contribute from 2% to 50% of pretax pay, up to the annual IRS dollar limit ($15,500 in 2007). Twenty-four investment options are offered through Fidelity Investments. Employer match - Match I - For every $1.00 you contribute up to $750, the company will match $1.00 Match II - For every $1.00 you contribute up to 8% of your compensation (after the first $750), the company will match $.60 2-year cliff vesting 0% on one-year anniversary 100% on two-year anniversary Flexible Spending Flexible Spending Accounts (FSA's) let employees set aside a portion of their income, tax-free, to help pay for certain health care and dependent care expenses. Health Care FSA Employees may use this account to pay for eligible health care expenses not covered by their health care plan. Some examples include deductibles, office visit and prescription co-pays, and other eligible out-of-pocket expenses. Dependent Care FSA Employees may use this account to pay for eligible dependent care expenses. Income Protection Basic Life Insurance Effective on the first day of employment, Iomega provides Basic Life Insurance in the amount of $50,000 as an automatic benefit at no cost to the employee. Supplemental Life Insurance Employees may buy optional Supplemental Life Insurance in addition to the automatic Basic Life amount, for themselves, their spouse and/or their dependent children. Basic Accidental Death and Dismemberment Insurance (AD&D) Accidental Death and Dismemberment Insurance covers an employee or the employee's family in the event of death or dismemberment related to an accident. Iomega provides AD&D coverage in the amount of $50,000 as an automatic benefit at no cost to the employee. Supplemental Accidental Death and Dismemberment Insurance (AD&D) Employees may buy optional Supplemental AD&D Insurance in addition to the automatic Basic AD&D amount for themselves or for their family. Short Term Disability Insurance Iomega provides a basic short-term disability plan after 6 months of service for 90 calendar days. Percentage of pay varies from 50% -75% based on length of service. Long Term Disability Insurance Long Term Disability (LTD) provides a benefit if an employee is unable to work for a long period of time due to a non-work related illness or injury. If approved, Iomega provides for basic LTD income protection in the amount of 50 percent of your monthly base pay plus targeted commission (for sales employees) up to $5,000 per month. For additional protection, Iomega offers a voluntary buy-up option which allows you to receive an additional 10 percent of your monthly base pay for a total of 60% percent disability income up to $15,000 per month. You are eligible for this benefit after 90 days of certified disability. Long Term Care Insurance Long term care benefits can be used to pay for eligible nursing home, home health care, adult day care, and assisted living expenses. Several options are offered and premiums are based on age at the time of eligibility. Eligible on date of hire. Time Off Paid Vacation Paid Time off is on a pay period basis and ranges from 3 weeks up to a maximum of 6 weeks, based upon length of service. Available after 30 days of employment. Paid Holidays Eleven paid holidays per year and 3 floating holidays to be used at the employee’s discretion. Number of floating holidays may vary during first calendar year of employment, depending on start date. Effective on date of hire. Other Benefits Adoption Assistance Program Eligible after 6 months of service. Provides up to $2,500 benefit per adoption, lifetime benefit of $10,000. Employee Assistance Program Provides professional and confidential counseling and referral services that help you or your family resolve personal problems. Note: This is a general summary of current 2007 Iomega benefits. All benefits listed are subject to the terms and conditions of the actual contract and we reserve the right to cancel or amend the Iomega benefits offered at any time. Healthcare, Flexible Spending, Income Protection, and various Other Benefits are available to eligible employees who work 30 hours per week or more.