The rewards of partnership: the benefits you deserve.
SALO Associates are offered many of the same benefits you would expect to receive in a direct hire position. In addition to flexibility, freedom and new career challenges, SALO recognizes and rewards performance with a competitive salary structure and an industry leading benefit plan. Our associates who average at least 30 hours per week are eligible for Medical, Dental, Life Insurance, Disability and Flexible Spending benefits on the first of the month following 60 days of employment:
MEDICAL
The SALO medical plan includes two flexible health care options available through Medica. SALO subsidizes a significant amount of employee premiums as well as a portion of dependent and family premiums.
DENTAL
Dental benefits are offered on a voluntary basis through Delta Dental.
LIFE INSURANCE/LT DISABILITY/ST DISABILITY/AD&D
Life Insurance, Disability and AD&D are offered on a voluntary basis through UNUM.
FLEXIBLE SPENDING
SALO offers flexible spending programs including a Dependent Care option that has a maximum of $5,000 per plan year as well as a Medical Reimbursement plan with an annual maximum of $2,000.
HOLIDAY PAY
SALO recognizes the following holidays: New Year's Day, Memorial Day, 4th of July, Labor Day, Thanksgiving Day and Christmas Day. Associates are eligible to receive holiday pay after the first of the month following 60 days of employment.
VACATION PAY
Associates are paid 40 hours of vacation for each 1,000 hours worked.
OVERTIME PAY
SALO associates receive time and a half pay for every hour worked beyond 40 hours in a given week.
401(K)
The SALO 401(k) package includes 15 different investment options designed to accommodate the goals of any investor. We offer both a traditional 401(k) plan as well as a Roth option. Associates are eligible on the first of the month following 60 days of employment.
PENSION PLAN
Another SALO differentiator is our Cash Balance Pension Plan. Company contributions of approximately 2% of total earnings are made on an annual basis. Associates are eligible to enter the plan following one year of employment as long as 1,000 hours are worked during a calendar year.
NEW ASSOCIATES & NEW BUSINESS REFERRAL BONUS
SALO recognizes the importance of a strong network. That is why we created a very robust referral program to reward associates who refer new clients and employees to our organization.
MERSC
All associates are eligible for membership in the Minnesota Employee Recreation & Services Council (MERSC). SALO is a member of MERSC, which is a non-profit professional association that provides our employees with discounts and promotional opportunities at numerous participating businesses in the Minneapolis / St. Paul area.
TRAINING/CONTINUING EDUCATION
SALO offers cutting-edge career developing training classes to all members of our organization on a quarterly basis. SALO partners with the MN Society of CPA's to ensure that training sessions address current topics of interest and qualify for CPE credit.
If you have questions regarding any of our benefit offerings, please contact Carly Kuennen or Craig Dexheimer at (612) 230-7256.
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