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At
ABC we want to make sure that you and your family are taking care
of your health and securing your future. It is for this reason
that we offer an extensive benefits package to all of our employees.
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Anthony
Store Manager |
Competitive Wages
At ABC Stores we strongly believe in rewarding hard work, productivity,
and efficiency with excellent wages. At ABC Stores, Employees
are rewarded for
the longevity of their employment with automatic wage increases based
on the accumulation of the number of hours they work. In addition, an
Employee’s
good to excellent performance is rewarded with wage increases, bonuses,
and promotions. It is our fundamental belief that paying good wages is
part of
a complete compensation package.
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Management
and Performance Bonuses
The
Company believes that all Employees share in the responsibility
to achieve sales and profits and share in the
rewards. Store operations
are evaluated twice a year following inventory. At this time, management
associates are eligible for a Management bonus and non –management
associates are eligible for a performance bonus. These bonuses
are based on employee's performance and Company and store results measured by net profit, total sales, and overall profitability. So,
with the Profit Sharing bonus, the typical ABC associate receives
three bonuses each year. Our founder Sidney
Kosasa often says, “When we make it, we share it.”
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401K & Profit Sharing Plan
Securing ones future is essential to increasing efficiency and productivity amongst all employees. The Profit Sharing Plan was created to assist you in your retirement years. This is one of the finest benefits we offer to our employees. There are three parts to this plan:
1. The employee pre-tax contribution. Employees may contribute up to 100% of their salary to the plan subject to caps set by the IRS.
2. The company matching contribution: the company will match a portion of your contributions.
3. The company supplemental profit sharing contribution: each year, the Company contributes a portion of its profits to the Profit Sharing Plan
It should be noted that since the company added the 401(k) feature to the profit sharing plan in 1988, the company supplemental contributions has been larger than all of the employee contributions each year!
As an added benefit to the members of Profit Sharing Plan, the Company distributes a portion of the Company’s profits in cash to all active members once a year.
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Phan
Sales Associate
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Profit Sharing Bonus
In keeping with our Company Culture of sharing profits with employees and “taking care of our Associates”, as an added benefit to the Profit Sharing Program, the Company distributes a portion of the Company’s profits in cash to all members of the Profit Sharing Plan once a year.
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Tanya
Shift Manager |
Medical/Drug/Dental/Vision
- Medical, dental, drug and vision coverage is available
to our employees and their dependents. The Company pays 100% of the
premium for single
coverage for fulltime employees after completion of the introductory
period.
- Plans available include:
HMSA
HMSA, an independent licensee of the Blue Cross and Blue Shield
Association, is a reliable name in Hawaii health care. Established in
1938, it is the largest and most experienced provider of health care
coverage in the state.
HMSA
has the largest provider network in Hawaii with more than 95 percent of
Hawaii’s doctors, hospitals and other providers accepting the plan. In
addition, HMSA is the only health plan in Hawaii that offers a
nationwide network of providers for both PPO and HMO plans making it
easy to travel away from home while having access to their participating
providers nationwide.
KAISER PERMANENTE
Kaiser Permanente is the largest non-profit health maintenance
organization (HMO) in the state of
Hawaii.
With Kaiser’s HMO plan, members pay low out-of-pocket expenses for
medical services received from Kaiser Permanente providers and
facilities. Members benefit from Kaiser’s “one-stop shop” concept which
allows them to receive medical services and pick up medication in one
convenient location.
HAWAII DENTAL SERVICES
HDS is Hawaii’s first and largest dental benefits provider
in the State of Hawaii. More than 96% of all licensed
dentists in Hawaii participate with HDS, so more than likely your
dentist is an HDS participating dentist.
HDS is a member of Delta Dental Plans Association (DDPA), the nation’s
largest and most experienced dental benefits provider. Through DDPA,
you will have access to over
109,000 dentists, that’s nearly twout three dentists on the Mainland that participate with DDPA.
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Employee
Assistance Program (EAP)
Our company recognizes that all of us from time to time
run into problems in life that can affect our happiness, health, job
performance,
and
well-being, such as difficulty in relationships with family, children,
spouse, significant other or coworker, feeling overwhelmed with the
stress of daily life, losing a loved one, feeling sad, needing to make
difficult decisions, and other personal issues. The EAP offers you
a resource to turn to for help. All EAP services are offered at no
cost to employees and their families. All
inquiries to and utilization of
the EAP are kept confidential-its sole purpose is the well-being of
our associates. Our EAP services are provided by Workplace Solutions,
Inc. in Hawaii and
by Doris & Associates for Guam, Saipan and Nevada.
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Chris
Sales Associate |
Employee
Purchases
Employees receive merchandise discounts at any ABC Store.
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Life
Insurance and Accidental Death & Dismemberment Insurance
The Company offers a group term life insurance and accidental death and
dismemberment insurance plan. The Company pays for 50% of the premiums.
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Lehua
Service Coordinator |
Other
Benefits
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ABC
Stores Jumpstart Scholarship
All employees
of ABC Stores and their dependents, attending an accredited
two- or four-year college or university as either an undergraduate
or graduate student, are eligible to apply for ABC Stores
Jumpstart Scholarship which are awarded once a year. The
Hawaii Community Foundation, the administrator of the program,
selects recipients on the basis of financial need, academic
achievement and good moral character.
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Flexible
Spending Accounts
ABC
Stores flexible spending accounts (FSA) allow you to deduct
a portion of your salary on a pre-tax basis to cover two specific
types of expenses: dependent care (DDC) and unreimbursed medical
(URM).
- Bus Pass/Parking Subsidy
The Company provides
transportation assistance (subsidy) to employees driving to
work and paying for parking or
catching the bus.
- Vacation
Vacation
pay based on your years of service (1 to 4 weeks per year)
- Sick Leave
Sick leave,
up to 7 days a year
- Holiday Pay
Paid holidays, up to 7 days a year
- Disability Insurance
Temporary Disability Insurance
- receive benefits when you are on leave due to non-work related injuries or illnesses.
The Company pays for 100% of the
premium. Long Term Disability Insurance offered to salaried
employees. The Company pays for 50% of the premium.
- Supplemental Insurance
Get extra protection and benefits with one of four of AFLAC’s supplemental insurance policies, which include: Accident Insurance, Cancer Insurance, Hospital Indemnity Insurance and Intensive Care Insurance
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Disclaimer:
Eligibility and benefits will vary according to employment status.
This web page is a brief listing and does not contain a comprehensive
explanation
of all benefit plans. The company reserves the right to make changes
at any time.
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