Created: 4/10/15

New Hire Benefits/Compensation Checklist

CHECKLIST

Call to make offer

Ask if it is a good time to speak

Prelude by offering personal phone number

Keep call personal

Offer candidates help in determining other

offers

Candidates happiness is most important

Distinguish between base salary and total

compensation package

Provide a visual of base v. total comp. as a

percentage

Explain the following and conclude with asking

if they have any questions (Keep it personal)

1.
2.
3.

Exempt v. non-exempt
Hiring bonus
Annual salary adjustments

Discuss cafeteria style plan

Make it your own

Health benefits/ HSA Debit account

Key Features: No monthly cost, 30 days after

employment
-Prescription, Vision, Dental

Ask if candidate has any questions

Reassure candidates that there are no stupid

questions

Disability plans

Short term, Extended and Supplemental, Long-term

Paid personal leave

-Work a half day, not considered personal leave

-Increases incrementally with years of service/job
classification

Paid holidays

New Years Day, Memorial Day, Independence Day,

Labor Day, Thanksgiving Day, Day after
Thanksgiving, Christmas Eve, Christmas Day

Retirement Plan- 401k

-200% match up to 4% of investment

(For every $1 invested, Company puts in $2)

Profit sharing

Redistribute additional gains to employees

-401k match and Profit sharing made up 21% of
salaries in 2014

Bonus Program

Individual based, 4 digits in 1st year

Training programs

Professional Membership/Certification such as the

EIT (Engineer in Training) or PE (Professional
Engineer)

Additional

-Education reimbursement
-529 College Savings Plan
-Employee Assistance Program