Page 14 - Busey Corporation 2022 Benefits Guide
P. 14
Incentives
“At Busey, we invest in and empower associates to be their
best in every way—both personally and professionally,” said The More You Do, the More You Earn!
Van Dukeman, President & CEO of First Busey Corporation.
“We believe that wellness is more than just an exercise or As you track your progress through the challenge
diet plan. B Well takes a holistic approach—supporting platform, you earn points towards the following
associates’ physical, social, emotional, intellectual,
environmental and occupational well-being. levels:
The impact on culture is a signiicant accomplishment and 7,000 Points
can be felt across the organization.”
5,000 Points
—Van Dukeman, President & CEO, First Busey Corporation
3,000 Points
1,000 Points
B Informed B Active B Healthy B Well
If an associate is enrolled in one of Busey’s
consumer-driven health plans, they can choose to
earn up to a $750 HSA contribution* in addition to
a $350 medical premium discount for the following
year or up to $1,000 in cash incentives. Those not
electing medical coverage through Busey can earn
up to $1,000 in cash incentives. Rewards for levels
earned are paid out on a quarterly basis.
The $350 medical premium discount is applied the
following year as a $13.47 taxable credit over the 26
pay periods. All cash incentives are subject to taxes
per the IRS. All cash incentives are grossed up to
account for this tax.
* HSA incentives and associated levels are based on eligibility to open
an HSA account. Associates not eligible for an HSA will be eligible
to receive cash incentives. Please contact your Busey Beneits Team
with questions about qualiications with opening an HSA.
For more on B Well, visit the B Well Portal
through UKG or Okta. Questions? Please email
BWell@Busey.com.
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“At Busey, we invest in and empower associates to be their
best in every way—both personally and professionally,” said The More You Do, the More You Earn!
Van Dukeman, President & CEO of First Busey Corporation.
“We believe that wellness is more than just an exercise or As you track your progress through the challenge
diet plan. B Well takes a holistic approach—supporting platform, you earn points towards the following
associates’ physical, social, emotional, intellectual,
environmental and occupational well-being. levels:
The impact on culture is a signiicant accomplishment and 7,000 Points
can be felt across the organization.”
5,000 Points
—Van Dukeman, President & CEO, First Busey Corporation
3,000 Points
1,000 Points
B Informed B Active B Healthy B Well
If an associate is enrolled in one of Busey’s
consumer-driven health plans, they can choose to
earn up to a $750 HSA contribution* in addition to
a $350 medical premium discount for the following
year or up to $1,000 in cash incentives. Those not
electing medical coverage through Busey can earn
up to $1,000 in cash incentives. Rewards for levels
earned are paid out on a quarterly basis.
The $350 medical premium discount is applied the
following year as a $13.47 taxable credit over the 26
pay periods. All cash incentives are subject to taxes
per the IRS. All cash incentives are grossed up to
account for this tax.
* HSA incentives and associated levels are based on eligibility to open
an HSA account. Associates not eligible for an HSA will be eligible
to receive cash incentives. Please contact your Busey Beneits Team
with questions about qualiications with opening an HSA.
For more on B Well, visit the B Well Portal
through UKG or Okta. Questions? Please email
BWell@Busey.com.
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