Careers At Greatland

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Employee Ownership

Greatland has been built through teamwork and a desire on the part of those working here to make this organization a leading provider of simple solutions to complicated business processes. We strive to attract, develop and retain talented employees who are committed to doing their best with utmost integrity. Our Employee Stock Ownership Plan and annual profit sharing bonus emphasize and reward the contributions of the talented and dedicated people who are the driving force behind Greatland and our future.

What is an ESOP?

An Employee Stock Ownership Plan ("ESOP") is an employee benefit structured as a qualified retirement plan that provides employees with an ownership interest in the Company, in the form of company stock. Employees do not purchase stock from the ESOP: it is "gifted" to them as the Company makes contributions to the ESOP to release shares from the trust.

Why an ESOP?

ESOPs can provide significant benefits to employees and the company. For employees, the ESOP provides a meaningful and personal equity stake in the success and growth of the company. This can translate into significant monetary benefits at retirement. For the company, the ESOP reinforces a strong corporate culture and enhances employee engagement. Further, it can be a source of important tax benefits that enhance cash flow and drive future growth.

Company Benefits

Description

  • Pretax and post-tax savings through convenient payroll deduction.
  • Loans available.
  • Partner with Chesme Capital Management for investment advisement.
  • Employee may enroll, suspend and make changes to contributions at any time.

Eligibility / Eligibility Date

  • All regular, limited-term and Intern employment classifications.
  • Age 18 and older.
  • 1st of the month following 30 days of continuous active service.

Employee Contribution

  • No minimum contribution required.
  • Maximum of 100% of salary up to annual IRS deferral limit.
  • Make up contributions permitted for employees age 50 and over.

Description

  • Provides financial assistance up to $8,000 towards expenses associated with adoption.

Eligibility / Eligibility Date

  • All regular employment classifications.

Employee Contribution

  • 100% employer paid.

Description

  • Qualified retirement plan.
  • Greatland makes discretionary contributions to the ESOP annually which are allocated to individual employee accounts based on eligible gross salary.
  • Subject to a six year vesting schedule, of which ownership of the account balance transfers on a percentage basis from the ESOP or the individual account holder.

Eligibility / Eligibility Date

  • All employment classifications.
  • 1st day of the next month following 12 months of continuous service and a minimum of 1,000 hours worked in those months.

Employee Contribution

  • 100% employer paid.

Description

  • Three coverage levels: Single, Employee +1 and Family.
  • Preventative services, including two cleanings per year are covered 100%.
  • Basic services are covered 80% after deductible.
  • Special services are covered 50% after deductible.
  • Orthodontics are covered 50% after deductible.

Eligibility / Eligibility Date

  • All regular employment classifications.
  • Spouse and dependent child(ren) of eligible employee.
  • 1st of the month following 30 days of employment.

Employee Contribution

  • Employees enrolled in the Dental Plan pay a premium through payroll contribution.

Description

  • Short-term disability benefits provide 70% of weekly earnings for a maximum of 13 weeks if an eligible employee experiences a qualifying disability.
  • Short term disability benefits begin on the 1st day of surgery or hospitalization, or on the 7th day of sickness.
  • Long-term disability benefits provide 60% of monthly wages (to a maximum of $6,000) if an eligible employee experiences a qualifying disability of 90 days or greater.

Eligibility / Eligibility Date

  • Full-time employees.

Employee Contribution

  • 100% employer paid.

Description

  • Employees may seek assistance for college degree coursework, professional certifications and designations and/or seminars.
  • Reimbursement for college degree coursework is determined by final grad earned.

Eligibility / Eligibility Date

  • All regular employment classifications.
  • 1st of the month following 30 days of employment.

Employee Contribution

  • Employee pays up front and can request reimbursement for eligible expenses.
  • Eligible expenses over annual limits are the responsibility of the employee.

Description

  • Confidential counseling to help employees deal with a wide range of problems.

Eligibility / Eligibility Date

  • All regular employment classifications.
  • 1st day of employment.
  • Also available to family members residing in the same household.

Employee Contribution

  • 100% employer paid.

Description

  • Enables employees to pay for dependent care and health care expenses with pretax dollars.
  • Employees not eligible for use of the HSA may use the traditional FLEX to pay for qualified medical, vision and/or dental expenses.
  • Limited FLEX can be used if you are enrolled in HSA and provides funds only for vision, dental and/or orthodontic expenses.
  • Dependent Care FLEX can be used for dependent care expenses

Eligibility / Eligibility Date

  • All regular employment classifications.
  • 1st of the month following 30 days of employment.
  • Plan year is January 1st - December 31st.

Employee Contribution

  • Maximum of $2500 for both the traditional and Limited FLEX options.
  • Maximum of $5000 for Dependent Care FLEX.

Description

  • Tax-favored account used in conjunction with a HDHP.
  • Allows you to contribute funds on a pre-tax basis which you can use to pay for eligible medical expenses.
  • Partner with HSA Bank for easy online access.
  • Greatland makes quarterly contributions to each eligible employees account.
  • Employee can make pre-tax contributions through payroll deductions.
  • Employee may enroll, suspend and make changes to contributions on a monthly basis.
  • Funds can be rolled over into subsequent years – no ‘use-it-or-lose-it’ philosophy.

Eligibility / Eligibility Date

  • You are eligible for an HSA if:
    • You are covered by a HDHP; AND
    • You are NOT enrolled in Medicare; AND
    • You are NOT considered a dependent on someone else’s tax return; AND
    • You are NOT covered by any other health plan that is not HSA-compatible.
  • 1st of the month following 30 days of employment and upon enrolling in the PPO with HDHP.

Employee Contribution

  • Maximum contribution is set by the IRS annually.
  • Participants 55 and older can contribute a catch-up amount of $1,000 year.

Description

  • Six company designated holidays per calendar year.
  • One employee designated holiday per calendar year.

Eligibility / Eligibility Date

  • All regular employment classifications.

Employee Contribution

  • 100% employer paid.
  • Full-time employees are covered by a term life and AD&D policy in the amount of two (2) times annual salary rounded to the next thousand, up to a $300,000 maximum.
  • Part-time employees are covered by a $10,000 term life and AD&D policy.

Eligibility / Eligibility Date

  • All regular employment classifications

Employee Contribution

  • 100% employer paid.
  • Additional term life and AD&D insurance is available for voluntary purchase.

Description

  • PPO with HDHP (High Deductible Health Plan) which qualifies for use of a health savings account (HSA).
  • Two coverage levels: Single or Family.
  • No referrals needed to see a specialist.
  • Mail order prescription options available.
  • Preventative/wellness services covered 100%.

Eligibility / Eligibility Date

  • All regular employment classifications.
  • Spouse and dependent child(ren) of eligible employee.
  • 1st of the month following 30 days of employment.

Employee Contribution

  • Employees enrolled in the Medical Plan pay a premium through payroll contribution.

Description

  • A discretionary bonus based on the success of the company as a whole for the fiscal year (Oct 1st – September 30th).
  • Profit share bonuses are generally paid in December.

Eligibility / Eligibility Date

  • All regular employment classifications.
  • Achievement of 180 days of continuous, active service and active employment on September 30th or the last business day of the company’s fiscal year.

Employee Contribution

  • 100% employer paid.

Description

  • Employees are encouraged to refer those whom they feel would be a good addition to our company.
  • Referring employee receives installment awards following the referred employee working 30 days, six months and one year of employment in a full-time or part-time classification.
  • Referring employee receives installment awards following the referred employee working 30 days of employment and completion of term of employment in a limited term or Intern classification.

Eligibility / Eligibility Date

  • All regular, limited-term and Intern employment classifications.
  • 1st day of employment.

Employee Contribution

  • 100% employer paid.

Description

  • An expression of appreciation for years of service and dedication.
  • Awarded annually at our November Employee Meeting.

Eligibility / Eligibility Date

  • All regular employment classifications.

Employee Contribution

  • 100% employer paid.
  • For year in which employee is hired - prorated based on number of payroll cycles left in the calendar year.
  • Based on the number of years of service following work anniversary date.

Eligibility / Eligibility Date

  • Full-time employment classifications.
  • Prorated for part-time employees.

Employee Contribution

  • 100% employer paid.

Description

  • Four coverage levels.
  • Greatland pays 50% of total premium cost.

Eligibility / Eligibility Date

  • All regular employment classifications.
  • Spouse and dependent child(ren) of eligible employee.
  • 1st of the month following 30 days of employment.

Employee Contribution

  • Employees enrolled in the Vision Plan pay a premium through payroll contribution.