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Benefits
At CMC Steel Arkansas / CMC Southern Post, we offer our employees a
comprehensive benefits package that helps plan for the future as well as take
care of today’s needs.
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Eligible to purchase shares in December of each year after completing 1 year of
continuous active full-time service.
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Participating employees pay 75% of the market price for shares and the
company pays 25%.
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Employees pay their share through convenient payroll deduction during the
ensuing calendar year.
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As profits allow, each year the Board of Directors declares a profit sharing
contribution equal to a stated percentage of employee’s fiscal year earnings.
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A 401(k) Retirement Plan is available through a payroll deduction plan.
Participating employees may elect to contribute 1% to 15% of their gross pay.
Each year the Company’s match is reviewed by the Board of Directors.
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New Years Day
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Good Friday
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4th
of July
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Labor Day
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Thanksgiving Day
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Memorial Day
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Your Birthday
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Christmas Day
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Eligible on or after employment anniversary date and 1,600 hours worked in the
preceding anniversary year.
Vacation Schedule:
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2 Week After 1 Year of Employment
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3 weeks after 10 years of employment
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4 weeks after 20 years of employment
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The Company will pay 1/2 the tuition of an educational course approved in
advance by Management provided the employee completed the course. Where
training is of particular value to the employee's competence and performance on
the job, the Company may pay full cost of tuition and expenses.
You are urged to do all you can to develop your individual talents, abilities,
and skills in order to be prepared for the opportunities that lie ahead. See
your Supervisor or the Human Resources Manager if you have questions.
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In recognition of a person’s need for regular, systematic savings, CMC Steel
Arkansas / CMC Southern Post has made available to its employees a Federally
Chartered Credit Union and encourages its people to participate in this
opportunity to save. For convenience, the Company provides for payroll
deductions for both savings accounts and loan repayments. Low interest loans
are also available to Credit Union members who have a good credit rating.
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CMC Steel Arkansas / CMC Southern Post has developed an EAP for employees and
their families who may need help with personal and/or family problems. The EAP
is a CONFIDENTIAL assessment, counseling and referral service for employees.
All information is kept strictly confidential between the individual and their
counselor and is not reported to the company’s management. All counseling
offered within the EAP is provided at no cost to the employee.
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CMC Steel Arkansas / CMC Southern Post offers a self-insured health care plan
to help pay for short term medical and hospital care which employee's and their
covered dependents may need, as well as to help shelter employee's from the
financial burden of a catastrophic injury or illness.
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Prescriptions are
available to employees at the retail level (your local pharmacy) for a small
copay. However, employees can save time and additional money by using the mail
order prescription program offered by the company. Under this program, CMC
Steel Arkansas / CMC Southern Post employees and their covered dependents
can receive up to a 90 day supply of their prescription for a small copayment
with the added benefit of having the prescription delivered directly to your
home.
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CMC Steel Arkansas / CMC Southern Post provides coverage for preventive
and diagnostic services, as well as major services and orthodontics. The
comapny offers a preferred dentist program that saves the employee money, but
like the health plan, our employees have the freedom of choice in dental
providers
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Eligible for coverage after completing orientation period (90 days).
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Benefit amount is based on employee's salary.
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CMC Steel Arkansas / CMC Southern Post provides short and long term
disability plans for employees.
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