OUR BENEFITS
3rd
Quarter, 2010

 

Converge Networks Corporation (CNC) is a rapidly growing information technology services firm. The following benefits are available to our full-time employees. For additional information, click  CNC Portal to access our current medical plans and the CNC Employee Handbook.

 

 

CNC BENEFITS

1

Base salary and other job specific compensation

2

Personal Leave – Up to ten (10) days or 80 hours of personal leave per year. Accrues with each pay period (based on semi-monthly payroll on the 7th and 22nd of the month.

3

Sick Leave - Up to five (5) days or 40 hours of sick leave per year. Accrues with each pay period (based on semi-monthly payroll on the 7th and 22nd of the month).

4

Holidays - Ten (10) CNC holidays per calendar year for corporate employees. Applicable client holidays while on site.

5

401(k) plan - CNC matches up to 4.5% of gross salary against employee contributions NTE a maximum match of $5K per employee. Annual employee  statutory contribution limit in 2010 of $16.5K for employees under 50 and an additional annual catch-up contribution of $5.5K for employees 50 and over. Company match is vested 1/5 each year of continuous employment. Vesting subject to 401k plan in place.

6

CareFirst BCBS Group Health Insurance with Prescription Drug, Vision, and  Dental/Orthodontics (BluePreferred PPO P206, BlueChoice Open Access HW05).

7

Life Insurance - No cost to employee on the insurance base amount.  Additional life insurance purchasable by employee.

8

Group Long Term Disability

9

Group Short Term Disability

10

Direct Deposit (one or two deposit accounts)

11

Flexible Spending Account

12

Tuition assistance per corporate policies

13

Employee assistance per corporate policies

14

Stock Option Plan (when in place)

15

529 College Savings Plan (when in place)

The above benefits are subject to change. They are also dependent on new and revised corporate plans and policies.

Human Resources

Converge Networks Corporation

6701 Democracy Blvd, Suite 300

Bethesda, Maryland 20817

human.resources@convergnet.com

 



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Notes Area
Details on medical plans offered by CNC are available from the HR department.

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