Benefit Details

HEALTH AND WELFARE BENEFITS

Medical: Carreker offers two PPO options for medical coverage designed to provide high-quality health care at reasonable costs for you and your eligible dependents.

Dental: Carreker offers two options for dental coverage to help with the cost of routine dental care, major services and orthodontia coverage for you and your eligible dependents.

Vision: Carreker offers vision coverage for exams, glasses or contact lenses, as well as discounts for laser surgery through a network of eye care doctors. In-network and out-of-network benefits are available.

Section 125 Spending Accounts (Flexible Spending Accounts): As a Carreker employee you can set aside pre-tax dollars for non-reimbursable health and dependent care expenses. Depending on your tax bracket, you could have significant tax savings as a result of the money contributed to FSA’s.

International Health Coverage: Carreker provides additional health coverage for those employees who are traveling abroad on business for a minimum of 30 days at no cost to the employee.

INSURANCE BENEFITS

Life Insurance and AD&D: We offer basic life insurance and accidental death and dismemberment coverage up to two times your base salary, to a maximum of $250,000. You may also purchase additional life insurance for yourself, your spouse and your dependent child(ren).

Employee Optional Life and AD&D: You may elect additional coverage up to 5 times your annual base salary. Both coverages combined cannot exceed $1,000,000.

Spousal Optional Life and AD&D: You may elect spousal life insurance in $1,000 increments up to half of the employee election (not to exceed $500,000).

Dependent Optional Life and AD&D: You may elect dependent life insurance with coverage of $20,000 per covered child. The cost is one low fee whether you have one child or multiple children.

Business Accident Traveler’s Insurance: Carreker offers a business accident plan that provides up to five times your base salary to a maximum of $500,000.

Disability Coverage:

• Short-Term Disability (STD): Carreker automatically provides STD at no cost to you. Coverage is based on length of service with the company.
  
  
• Long-Term Disability (LTD): Carreker provides LTD coverage in the amount of 60 percent of your base salary at no cost.
  

RETIREMENT BENEFITS

401 (k) Retirement Savings Plan: You may defer up to 50 percent of your base salary to the 401 (k) plan. Carreker Corporation makes available a variety of nationally recognized funds from which to make investment selections. The catchup plan is available to those who qualify.

ADDITIONAL BENEFITS

Education Assistance Program: Employees may request tuition reimbursement up to $2,500 each year for job-related courses, taken on your own initiative. Reimbursed amounts are grade based.

Employee Assistance Program: This program assists employees and their eligible dependents with personal issues at no cost to the employee. Coverage includes five free counseling sessions.

Auto/Home insurance: Employees may purchase personal home, auto, RV, boat and renters insurance through MetLife at very competitive prices.

Legal Plan: A pre-paid legal service plan is available for a flat rate to help employees with a variety of legal matters or questions.

529 College Savings Plan: Employees may save money for a designated beneficiary for higher education expenses in the future.

Credit Union: Carreker offers membership opportunities to join one of three different credit unions, depending on where you live. They offer free checking, low cost loans and other financial services.

Holiday Pay: Carreker observes eight paid holidays per year.

Vacation Pay: Carreker offers one to four weeks of vacation per year, depending on position and employment status. Vacation time increases with length of service and is accrued weekly. New employees are eligible to use vacation pay after completion of a 90-day orientation period.

Sick Leave: Carreker offers seven to ten paid sick days per year, depending on full or part-time status. Unused sick days may be carried forward into the next calendar year up to a maximum of four weeks.

Personal Days: All active eligible Carreker Corporation employees are granted two personal days each year (one on January 1 and one on July 1).