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You have just accepted your dream job at manufacturing company in Kentucky. With your pay and start date set, you just have one major decision
You have just accepted your dream job at manufacturing company in Kentucky. With your pay and start date set, you just have one major decision left to make: what benefits to elect. As a recent college graduate, you do not have much experience with benefits and are nervous that you will make the wrong choice. Your benefit options are as follows: Health Insurance (pick one): HMO - choose primary care physician who is part of HMO network; Employee pays copayment for each visit and the insurance company covers the rest PPO - employees have lots of options for physicians, but it generally is very expensive No employer health insurance Dental Insurance (Indicate whether you want coverage) Partially funded - employer covers 80% of costs Eyecare (Indicate whether you want coverage) Partially funded - employer covers 80% of costs 401k (Indicate the amount you want to contribute - can be 0%) Employer will match 6% Dependent Care Assistance Program (indicate whether you want this benefit) Allows you to pay for dependent care expenses while reaping a tax break. Dependents include children, a disabled spouse, or legally dependent parents. Typically expenses under this are day care, nursery school, and elder care. Tuition Reimbursement (indicate whether you want this benefit) Employer will pay for a pre-determined amount of continuing education credits or college coursework to be applied toward a degree Benefits automatically given if you qualify: PTO - Two weeks (10 days) of paid time off FMLA - provides employees with up to 12 weeks of unpaid, protected job leave for the birth and care of their newborn, placement of a child with an employee for foster care or adoption, the care of an immediate family member with a serious health condition, and if the employee needs to take medical leave due to a serious health condition they possess. Employees facing complications due to pregnancy are also eligible for leave. To qualify you must: Work for your employer for at least 12 months, for at least 1,250 hours over those 12 months, and work at a location where the company employs at least 50 employees within 75 miles. 1. In the space below indicate which options you ultimately chose. How did you come to this decision? What factors did you consider
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