Comp Time for Staff
The purpose of the compensatory time program is to provide compensation for efforts on behalf of the firm that exceed the norm. Comp time is defined as time worked in excess of the budgeted hours for a given quarter (2,080 annual hours are allocated to each quarter based on anticipated workloads). Comp time will accrue in a separate comp time bank. At the end of every quarter, earned comp time may be converted into additional vacation time or paid out on a straight-time basis.
A benefit supplement of $5,000 per year, intended to use towards extra benefit costs.
A comprehensive health insurance program for all full-time employees and their eligible family members, beginning with the first of the month following the date of employment.
Vision insurance for all full-time employees and their eligible family members, beginning the first of the month following the date of employment.
Dental insurance for all full-time employees and their eligible family members. The plan covers a broad range of dental services. It is designed to encourage preventive care by including regular oral examinations and teeth cleanings.
Employer paid life insurance (equal to your salary, up to $100,000).
Short-Term and Long-Term Disability
Full-time employees are automatically enrolled in both short-term and long-term disability. Upon total disability for plan designated consecutive days because of a non-occupational illness or injury, the plan pays a monthly benefit of 60% of monthly earnings, subject to a maximum monthly benefit.
Other Benefits Offered
Halt, Buzas & Powell offers AFLAC supplemental insurance, a 529 plan, a Flexible Spending Account (FSA), and Health Savings Accounts (HSA).
401(k) Profit Sharing Plan
Halt, Buzas & Powell offers all employees (full-time and part-time) 401(k) and Roth 401(k) salary deferrals with employer matching contributions and discretionary employer profit sharing contributions.
Section 125 – Cafeteria Plan
Through Section 125 of the Internal Revenue Code, employees may set aside tax-free dollars from their biweekly pay for medical and/or dependent care expenses.
Employees may use annual leave for approved absences from scheduled work for vacation or other personal reasons. In addition, at the supervisor’s discretion, an employee may charge annual leave in lieu of sick leave for medical absences.
Full-time and part-time employees earn annual leave according to years of service at Halt, Buzas & Powell, as follows:
||Full Time Employees
|Up to five years
||Five (5) hours per pay period
||120 hours (three weeks)
|Over five years
||6.67 hours per pay period
||160 hours (four weeks)
Paid holiday time to eligible employees. This is done in recognition of our national holidays and as an investment in the health and well-being of our employees. Halt, Buzas & Powell recognizes six (6) federal holidays and two (2) company designated holidays.
Client Commission Incentive Program
Commissions of 7% of first-year receipts to all employees who bring new clients to the firm. New business referred from an existing client or firm contact will generate a 5% commission. We will also provide a 5% commission on the business of a new discipline at existing clients.
Employee Referral Program
A bonus of $1,500 paid to any employee who refers a potential employee who is hired by our firm, plus an additional $1,500 if the referred employee stays with our firm for at least six months.
The firm will provide 40 hours of CPE per calendar year to each full time staff Accountant. The firm reserves the right to provide some of the CPE courses “in house.” All CPE will be subject to the approval of the partners.
Professional Organization Dues
The cost of professional organization dues shall be an item reimbursable to the staff member or paid directly by the firm, provided the staff member is actively involved in the organization.
The purpose of the Employee Recognition Program is to recognize and reward employees whose efforts greatly contribute to the success of Halt, Buzas & Powell. The examples they set and the results they attain inspire the respect and praise of their peers and management.
Awards are granted based upon performance, special service, beneficial suggestions, and years of Halt, Buzas & Powell service. Award recognition may be provided in the form of letters of commendation, memorandums of recognition and appreciation, certificates of recognition, cash awards or as part of the performance evaluation process and reflected in an individual’s annual salary.
Social and recreational activities for employees are a part of the employee benefits program. The Employee Recreation Committee, comprised of employee volunteers from throughout the firm, handle the arrangements. Annual functions normally include a dinner dance, an after-busy-season party, and a summer picnic. Other events are planned and scheduled by the committee throughout the year.
Employer paid parking – an annual value of $1,500.