Employment Benefits

EMPLOYMENT BENEFITS

Sanden International believes its employees are its greatest asset. Sanden provides its valuable employees with a comprehensive benefits package. Below is a list of the benefits enjoyed by our employees:

Health Care Benefits:

All Medical and Dental benefits will become effective the first of the month following 30 days of employment. Premium for health insurance coverage is deducted before taxes. Sanden provides a cafeteria plan including medical PPO, Dental and Flexible Spending Account options for employee or employee and dependent coverage.

Disability Benefits:

Once employees become eligible, Sanden provides Short Term Disability and Long Term Disability coverage at no cost to our employees.

Survivors Benefits (Life/AD&D):

If you should die while a covered employee, your beneficiary will receive a death benefit equal to one times your annual salary to a maximum of $200,000. If your death is due to an accident, your life insurance amount is doubled.

Additional Life Insurance (Reliance Term Life):

Sanden has an additional OPTIONAL life insurance program available for employees to purchase coverage for themselves, their spouse and / or their children.

Holidays:

Sanden currently has 9 paid holidays per year. (This includes 1 floating day.) Our current schedule is as follows: New Year's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Day after Thanksgiving and Christmas Day.

Vacation:

The first calendar year (or partial year) of employment, vacation entitlement will be prorated from 0 to 10 days following your anniversary date.

2 - 6 Years	10 Working Days
7- 14 Years	15 Working Days
15 Years or More	20 Working Days

Sanden Retirement/Savings Plan (401K):

Employees are eligible after age 21 and 3 months of service. Employees can enroll at the beginning of each business quarter following your third month of service.

Employees can contribute from 1 to 15% before taxes.
Sanden will match the 1st 4% with $.50 (fifty cents) for every dollar of employee contribution.
Plan is administered by Franklin Templeton and offers several investment options, ranging from conservative to aggressive.
Qualified withdrawals and loans are available from the plan.
Rollovers are accepted within 60 days of your receipt from previous qualified plan.

Sanden Pension Plan:

The Pension Plan is funded fully by Sanden. You are 100% vested in the Plan after five years of continuous service. Each additional year of service provides greater benefit upon retirement.

Educational Assistance Program:

Employees with one year of service may qualify for $2,000 per year toward approved courses related to their work. Allowance covers tuition, lab fees and books.

Credit Union:

You can arrange to have payroll deductions made directly into savings program through Garland Credit Union or Texans Credit Union.

Uniforms/Lockers:

Uniforms and lockers are assigned as appropriate and the costs associated are paid by Sanden.

Employee Assistance Program:

Sanden provides an Employee Assistance Program that offers 3 free counseling visits per topic to help employees through difficult life or work circumstances. Additional counseling benefits can be obtained through the Sanden Medical Plan.

Relocation:

Sanden may provide relocation assistance to certain candidates. Please inquire about this benefit during the application process.

Career Development:

Sanden has implemented a career development system. Our goal is to provide an exciting interactive, long term career path for each of our associates.