Full time employees are partners who are regularly scheduled 37.50 hour or more each week and are eligible for the following benefits:
Earned Time Off (ETO)
Holidays and vacation days are added together to establish your ETO account. ETO allows you to take time off at the time most convenient for your personal needs as long as patient care is not affected. Your ETO plan is flexible and allows you to decide when, how much, and the purpose for which you want time off. Another benefit is that ETO can be taken in 2 hour increments, 1/2 day increments, 1 day increments or several days at a time.
Temporary absences from work because of your own illness may be paid from your Sick Leave Account. Sick Leave is available for illnesses that are severe enough to result in your temporary inability to come to work.
Perfect Attendance Days (PA days)
You can earn Perfect Attendance Days as a reward for planning and communicating your work schedule interruptions to your supervisor at least 24 hours in advance. You may earn the equivalent of 2 bonuses days each year. PA days are designed to supplement your sick leave account. They can also be used for all family medical needs. PA days can be used in increments as small as 15 minutes.
Offered through Blue Cross Blue Shield of Tennessee and includes pharmacy coverage. We offer both Individual and Family plans. Premiums are payable through payroll deduction with a twice per month deduction.
Offered through Ameritas Life Insurance Corporation. We offer individual, individual plus one dependent and family coverage. Premiums are payable through payroll deduction with a once per month deduction.
Offered through Vision Services Plan, however limited benefits are available for services received outside of the network. The Vision Plan covers eye exams, lens and frames. We offer individual, individual plus one dependent and family coverage. Premiums are payable through payroll deduction with a once per month deduction.
The NHC Partner Basic Term Life Insurance Plan provides Term Life and Accidental Death and Dismemberment insurance to all partners who are regularly scheduled 30 or more hours each week. The monthly premium for this Term Life Plan is fully paid by your employer.
Additionally partners can choose to take out additional Life Insurance on themselves, spouses or children. The monthly premium is fully partner paid. Premium is based on the amount of coverage and age of person being covered. Premiums are payable through payroll deduction with a twice per month deduction.
Short Term Disability Insurance
The Short Term Disability Plan is an income replacement plan that replaces up to 70% of your basic weekly income when you become disabled due to illness, pregnancy, or accident. The deduction is based on the amount of money you wish to receive while out to work. This is payroll deducted once per month.
Nontaxable Benefit Plan
NHC offers the Nontaxable Benefit Plan as a means for you to pay for certain expenses with earnings that will not be taxed for either Federal Income Tax or Social Security Taxes.
This Plan is often referred to as a Cafeteria Plan, a Section 125 Plan or a Flexible Spending Account. The Plan offers 3 option in which you can participate tax sheltered. They include: 1) Insurance Premium Reimbursement, 2) Medical Care Expense Reimbursement or 3) Dependent Care Assistant Expense Reimbursement.
The "Use it or Lose it" rule applies to all 3 options of this Plan. This means that if you do not use all of the pre-tax earnings that you have contributed to the Plan in the same calendar year they were contributed then you will lose them; so you should be conservative in choosing your level of participation for each plan year. This is a benefit plan that actually allows you to take more money home on your pay check each pay period. However, you should use it wisely and conservatively. Deduction amount is determined by the partner.
The 401(K) plan was introduced in 1990 to all NHC companies. Partners make contributions to their own individual accounts and their employer adds contributions to their accounts referred to as company matching contributions. The partner contributions come from earnings that are not taxed with federal income taxes.
Each participant chooses how they want their contributions invested within the 5 investment options available. This is a retirement plan and the federal government has established 401(K) retirement plans to allow employees to save for their retirement with dollars that are not taxes and allow employers to contribute to their employee's individual retirement accounts. The federal government's expectation is that funds from 401(K) plans will be used to supplement Social Security payments when an employee retires from the workforce.
The National Health Corporation Leverage Employee Stock Ownership Plan, more commonly referred to as the "ESOP", is a retirement plan sponsored by National Health Corporation. Various forms of the ESOP have been in place since 1977.
This Plan is specific to National Health Corporation as an employer and the Plan is funded totally by the employer with shares of company related stock. The employer makes all the contributions annually. There are no partner contributions, meaning that money is never deduction from your paycheck. The partner will be 100% vested after completing five years of service. Each participant receives an annual statements The partner, if vested, will receive the full value of the account after retirement.
Partner Stock Purchase Plan
Partners may buy NHC stock through payroll deduction. Purchase is made with after tax dollars. No brokerage fees are charged.
Stock will be purchased after the end of the calendar year at the lower of the market price on the first business day of the calendar year or the last business day of the calendar year.
The stocks are issued directly to each participating partner after the end of the calendar year. After the issues, the stocks are treated as if they have been purchased by the partner through the stock market.
NHC's tuition Reimbursement Program operates on the premise that continuing education is mutually beneficial for both the partner and the employer. Participation in the program signals a commitment to work for NHC after completion of academic work sponsor and financially supported by NHC.
The company may support partial or full reimbursement of tuition costs for academic work completed at vocational schools, community colleges, and state colleges and universities. The company may also share tuition expense with partners who wish to attend a private university. Reimbursement's given for tuition costs only, with additional financial aid available for books through The Foundation of Geriatric Education (TFGE).
Reimbursement is made upon completion of the course. Students are required to submit grades and tuition receipts prior to receiving reimbursement. To qualify for reimbursement a grade of C or above is required. The contract commits partners to a specified number of years of service with NHC in exchange for the tuition reimbursement.
Whether you're a CNA wanting to become an LPN and/or RN or a non-nursing partner pursuing a new career in the long-term care field, the NHC Tuition Reimbursement Program may be the key to your future career goals.
NHC Farragut offers two excellence programs where you may be rewarded for exceptional contributions made by you and your co-workers in providing customer satisfaction and achieving company goals.
Partner Excellence Program (PEP)
PEP was created with the belief that individual partner performance must excel if NHC is to continue to have satisfied customers.
Customers can recognize partners' performance by completing a PEP card. Customers can include partners, family members, patients, visitors and supervisors.
Customer satisfaction activity is identified and reported on PEP cards that are available throughout your worksite.
Partners Incentive for Excellence (PIE)
PIE is a financial bonus paid to NHC Farragut partners. Up to $400 ($400 full-time and $200 part-time) annually may be awarded to partners who have achieved NHC's excellence goals. Regardless of length of service, you are eligible to receive the bonus when: (a) you are actively employed on the date that the PIE bonus checks are distributed from your employer, and (b) you were employed during the six month upon which the bonus is based. A prorated PIE bonus is paid to partners who were hired within the 6 month bonus period. The bonus is paid twice each year.