Page 16 - Tessenderlo Kerley, Inc 2022 Benefit Guide

ADDITIONAL BENEFITS (CONTINUED)

Adoption Assistance Paid Time Off
Financial assistance is available to assist regular full-time or part-time In addition to 10 paid holidays each year, employees receive up to
employees with adoptions of children under the age of eighteen into 8 days of paid time off their first year (prorated based on hire date).
their family. Length of service with the Company determines the rate at which
• Eligibility – One year of employment eligible employees accrue vacation. Employees become eligible for the
new higher accrual rate on the first day of the calendar year (January 1)
• Maximum benefit reimbursement – $7,500
following their landmark anniversary date as follows;
• Qualified adoption expenses for reimbursement:
• Adoption fees, court costs, attorney fees, certain travel costs Vacation Accrual Amount Accrual
• Non-qualified expenses:
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If hired in 4 quarter
• Expenses incurred in connection with the adoption of a child Received upon hire (Oct, Nov, or Dec) 16 hours
who is a relative or the child of the spouse.
If hired in 3rd quarter
Received upon hire 32 hours
Childbearing and Parental Leave (July, Aug, Sept)
Tessenderlo Kerley lends support to the new-parent employee and If hired in 2nd quarter
childbearing leave to birth mothers. Received upon hire (April, May, June) 48 hours

Childbearing Leave Received upon hire If hired in 1st quarter 64 hours
• Six weeks of paid medical leave to birth mothers for a vaginal birth (Jan, Feb, March)
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• Eight weeks of paid medical leave to birth mothers for a Caesarean section January 1 after hire through year 4 80 hours
• Paid leave at 100% of your base pay rate January 1 at 5 year anniversary 120 hours
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Parental Leave (for mothers and fathers)
January 1 at 10 year anniversary 160 hours
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• Two weeks paid leave to bond with new child – birth, adoption or official
foster care placement
• Must be taken in one consecutive block Vacation Carryover
• Must be taken within the first year of event Tessenderlo Kerley encourages employees to take time off to relax,
recuperate and recharge so only a maximum of forty (40) hours may be
carried over into the next calendar year (unless mandated by state, local laws
or by company cap). Tessenderlo Kerley's company cap is 200 hours.

WELCOME BENEFIT BASICS MEDICAL DENTAL VISION FSA ADDITIONAL BENEFITS 401(k) CONTACTS LEGAL RIGHTS 16