Professional Documents
Culture Documents
$5,500
$2,500
$1,500
Accelerated
Cash Payment
Paid January 27, 2017
$1,500
Accelerated
Cash Payment
Paid January 2018
Accelerated
Cash Payment
Paid January 2019
TODAY
3%
4%
=
7%
COMPANY CONTRIBUTION
All employees receive a Company contribution equal
to 3% of pay, regardless of whether you have made
any additional contributions to the My Savings Plan.
$2,800
employee
$1,400
company
Company contributes
50% up to 8%
employee contribution
NEW
$1,750
employee
$1,400
company
Company matches
100% up to 3%
then
50% up to 2%
employee contribution
Option 1
Option 2
Option 3
<$25,000
$16.54
$6.92
$2.04
$25,000 - $37,499
$19.62
$10.00
$2.42
$37,500 - $49,999
$21.46
$14.73
$3.19
$50,000 - $74,999
$26.96
$20.23
$6.77
Option 1
Option 2
Option 3
<$25,000
$33.08
$13.85
$4.56
$25,000 - $37,499
$39.21
$20.00
$5.31
$37,500 - $49,999
$42.88
$29.42
$6.35
$50,000 - $74,999
$53.92
$40.46
$13.54
Option 1
Option 2
Option 3
$41.31
$17.27
$6.06
$25,000 - $37,499
$49.02
$24.98
$7.02
$37,500 - $49,999
$53.67
$36.85
$7.94
$50,000 - $74,999
$67.40
$50.58
$16.92
<$25,000
cute Care
A
Cold/flu, earaches, etc.
Preventive Care
Physicals, vaccinations,
etc.
Note: These rates do not include the Tobacco Surcharge or Working Spouse Contribution.
Chronic Condition
Management
Diabetes, high blood
pressure, etc.
Full Lab Work & X-Rays
COVERAGE SURCHARGES
<$25,000
$0
$25,000 - $37,499
$15
$37,500 - $49,999
$25
$50,000 - $74,999
$40
TOBACCO SURCHARGE
Tobacco use is a leading preventable cause of serious disease.
If you continue to make the healthy choice not to use tobacco,
the Company believes you should pay less for your coverage.
VP of Manufacturing, Bill Good, signs the Statement of Support for the National Guard and Reserves
$650
If it is unreasonably difficult due to a health factor for you to quit using tobacco
(or if it is medically inadvisable for you to attempt to quit), a reasonable alternative
method will be made available to you in order to avoid this additional contribution.
Please contact the GE Appliances Pay & Benefits Center at 1-888-874-3919 for
more information.
PAYOUT
FOR
SICK &
PERSONAL
PAY
VISION
ADOPTION
ASSISTANCE
SHORT-TERM
DISABILITY
EMERGENCY &
FAMILY AID PLAN
LONG-TERM
DISABILITY
EMPLOYEE
ASSISTANCE
PROGRAM
INDIVIDUAL
DEVELOPMENT
PLAN (TUITION
REIMBURSEMENT
AT $6,000/YEAR)
3
SERVICE
ANNIVERSARIES
RECOGNITION
APPLIANCES
EMPLOYEE
DISCOUNT
JOB & INCOME
SECURITY
ELIGIBILITY
To take advantage of the incentive, you must have been
hired at Appliance Park before October 1, 2005, in
Production/Non-Industrial Trades or before June 1, 2009,
in Skilled Trades.
APPLICATION PROCESS
To be considered for the program, eligible employees must
complete and sign a VSI application and acknowledgement
form, available from the employees HR office, no later than
noon on December 12, 2016.
Lump-sum
VSI check
$20,000
Employee Type
Shift Differential
Current Employees
$1.00/hour premium*
New Hires
$.50/hour premiumconsistent
with area manufacturers
RATE GUARANTEE
JOB MOVEMENT
Flexibility to better
cover absences
Ergonomic benefits
TOTAL PRODUCTIVE
MAINTENANCE (TPM)
Improving manufacturing
capabilities requires shared
responsibility between production
operators and Maintenance. The
Total Productive Maintenance
(TPM) process will continue at Appliance Park, engaging
operators in maintaining their own equipment, emphasizing
proactive and preventive maintenance for improved
production. The goal is to:
In line with the new bumping process, the Union has negotiated
24 months of rate guarantee for employees affected by a
bump. Additionally, after this 24-month period, employees
will not experience more than a two-level reduction in pay.
This protects an employees pay in a bump, while minimizing
movement within the buildings.
Increase uptime
SUBCONTRACTING
At a facility the size and age of Appliance Park, there are ongoing needs for the improvement of the campus and operations.
While we expect that much of the work can be handled by our Maintenance team, there are times when work needed to be done is
not our core competency and can be done more effectively using outside contractors. In cases where there is no headcount impact,
notice will be given to Maintenance when there is subcontracting work. This process change will allow us to focus our in-house
Maintenance experts on driving equipment uptime and productivity.
Action
Day 1
$12/hour plus paid holidays, onsite Employee Assistance Program and the Appliances Employee
Discount. IUE-CWA dues collected.
90 Days
Enrollment for Flex Workforce benefits: Healthcare, Dental, Vision and Flexible Spending Accounts.
6 Months
1 Year
Employees pay raised to $13/hour and begin 401(k) plancompany match only.
1 Year+
After a year, employees remain in the Flexible Workforce Pool until a regular position becomes
available.* When employees transition, their pay is increased to $14/hour and they receive all of
the regular GE Appliances employee benefits.
*Based on business needs, flexible workforce employees may move into a regular position earlier than one year.
$90 MILLION
60AKKI1016-U