Lexicon Solutions’ medical benefit package provides you with affordable health insurance that also includes dental, and Rx coverage. Once you have been employed with Lexicon for 30 days you will become eligible for our medical benefits package, which is through Providence Health Plan. Additional opportunities to join the program are available during our open enrollment every June.
A Simple IRA is an employer-provided and sponsored retirement plan, like the 401(k). Similar to a 401(k) plan, the Simple IRA is funded by a pretax salary reduction. Like other salary reduction contributions, these deductions are subject to social security and medicare taxes. The contribution limit for an individual in 2013 is $12,000. Lexicon Solutions contributes to the Simple IRA account each year. You are eligible to begin contributing to this plan after a year of employment with Lexicon Solutions.
Cafeteria plans use pre-tax dollars to pay for medical and life insurance benefits. Contributions are not subject to federal income tax, Social Security, or Medicare taxes. In simple terms, the deduction made for health insurance is taken from your gross salary and then the remainder is what is taxed. Lexicon Solutions offers this plan with our health insurance benefits.
Lexicon Solutions provides a supplemental insurance policy through AFLAC. Choose from a wide range of insurance policies that can help complement your major medical insurance with health events—from accidents, to intensive care, to life insurance. AFLAC’s tax advantaged plans allow our employees to use pre-tax dollars to pay for certain benefit costs. With AFLAC policies there are no deductibles, co-payments, doctor networks or pre-authorized requirements. Employees are paid directly, usually within four days, to help cover expenses such as rent, child care and other expenses not covered by major medical insurance.
Below you will find a list of additional insurance coverage you may purchase through AFLAC at affordable costs. Please ask us if you would like more details.
All Lexicon Solutions employees are eligible for paid sick leave. Employees are eligible to use sick time beginning on the 91st calendar day of employment with Lexicon Solutions and may use sick time as it is accrued. Employees accrue 1 hour of sick time for every 30 hours worked, up to 40 hours per calendar year, starting from the employee’s date of hire.
Lexicon Solutions recognizes six paid holidays per year. You qualify for holiday pay if: 1) you work 500 hours (excluding overtime) in 16 consecutive weeks ending one full week prior to the holiday week; 2) you are on a Lexicon assignment the week of the holiday; and 3) you work the scheduled workday before and after the holiday. Pay for a holiday is in accordance with your current rate of pay. Holidays recognized by Lexicon Staffing are New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas.
Pay day is every Friday! Lexicon Solutions uses direct deposit as their primary form of payment. Your net pay will automatically be deposited into your checking or savings account every Friday. In the event that a holiday lands on a Friday, your check will be deposited the previous business day. Direct deposit is simple; it places money directly in your account and saves you that trip to the bank!
This plan is not an insurance plan. It is a service and savings benefit program that gives you important savings on everything from hospital stays, to prescription drugs, contact lenses, doctor visits, and much more. There is also an Ask-A-Nurse line where you can call to receive health and wellness information directly from registered nurses, counselors, and dieticians – 24 hours a day, 7 days a week. You can also call for eldercare recommendations of home helpers in the area or questions about nursing homes in your area. This plan has many great benefits for a low monthly fee. Please feel free to ask us more about this plan if you are interested.
Don't forget to take advantage of our exciting Employee Referral Bonus Program! We believe that good people know other good people. Some of our best employees have been hired through referrals. We offer a generous bonus ranging from $200.00 to $500.00. Read more about our referral program.