| Medical Insurance: |
We offer three medical insurance options, one with Oxford Health
Plans and two Health Net Plans; coverage is effective on the first day of employment;
single, family and husband/wife coverage is available; the firm pays between
47% and 93% of the annual premium cost depending upon the plan and type of
coverage chosen.
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| Pre-Tax Flexible Benefits Plan: |
FHM has set up a Section 125 Plan that permits employee contributions to medical insurance premiums to be paid with pre-tax dollars. This plan also allows for Health Care and Dependent Care Flexible Spending Accounts. These accounts permit employees to use pre-tax dollars to pay for eligible health care and dependent care expenses. |
| Life Insurance: |
New York State Bar Association term life insurance; $100,000 policy for associate; $50,000 policy for spouse. |
| Accidental Death and Disability Insurance: |
$100,000 in coverage. |
| Group Travel and Accident Policy: |
$200,000 of additional AD&D insurance when traveling for business purposes. |
| Long-Term Disability Income Insurance: |
The benefit under this insurance is 60% of annual earnings; tax free; there is a 90 day waiting period, during which the employee is paid in full, by means of New York State short-term disability benefits and paid vacation/sick time.
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| 401(k) Plan: |
Employees become eligible for the firm's 401(k) Plan after completing one year of service. The firm contributes annually an amount equal to 3% of the employee's total annual earnings. Employees may make voluntary contributions via payroll deductions of up to 60% of earnings, up to a maximum annual limit set by the IRS.
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| TransitCheks: |
Employees are eligible to take up to $1,380.00 per year of earnings
in the form of tax-free TransitCheks for use on public transportation.
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| Maternity Leave: |
Eight weeks paid maternity leave, plus the employee may add to maternity leave up to twenty paid vacation days. |
| Holidays: |
New Year's Day, Martin Luther King Day, Presidents' Day, Good Friday, Memorial Day, Independence Day, Labor Day, Columbus Day, Thanksgiving Day and the day after, and Christmas Day. |
| Vacation: |
20 vacation days, which increase to 25 after five years and to 30 after ten years. |