CF+Employee+Benefits+Summary

							                                                      Charlotte Financial
                                                  Employee Benefits Summary
Benefit Title
 Wellness Benefits           Free Advantage                       Co-pay Advantage
                      Free physical check up for             Employees must pay 20% of
                      dependents of employee.                medical bills until maximum pay is
                      All medical expenses paid by           reached.
Medical Insurance
                      insurance after maximum co-pay         Max co-pay per person is $4,000
                      contribution is reached.               per year.
                                                             Max co-pay per family is $6,000
                                                             per year.
                      If any workplace injury occurs, all
                      medical expenses are free.
Worker’s              If injury causes temporary
Compensation          disability employee will get 50% of
                      average salary.
                      An annual free check up for each       Employees must pay 30% of all
                      employee and their dependents.         medical bills for up to $10,000 per
Eye Insurance         Each family receives 2 pairs of free   year.
                      glasses if needed.
                      An annual free check up for each       Employees must pay 30% for any
                      employee and their dependents.         medical bills for up to $10,000 per
Dental Insurance
                                                             year.
                      Annually provided to prevent
                      severe health issues from
Health Screening
                      occurring.
                      7 free visits to any professional
                      advisors that deals in counseling,
Mental Health         stress therapy, smoking, drug and
Advisors              alcohol addiction as well as other
                      various issues.
                      Annually provided to prevent
Vaccines              severe sickness during flu season.
Investment Benefits      Employee Contribution                      CF Contribution
401K Partner Plan     Can contribute up to $16,500 of        If 2% of income is contributed CF
                      income to a 401K savings plan.         will match it by 50%.
                                                             If 3%-14% of income is contributed
                                                             CF will match it by 7%.
Life Insurance        5 years of service at Charlotte        Offer life insurance starting at
                      Financial.                             $10,000 to be issued on event of
                                                             employee death.
Investing for your    3 years of service at Charlotte        Offer savings fund for employee’s
Future                Financial.                             dependents to be used for college
                                                             or weddings.
                                                             Automatically places .05% of
                                                             employee income into fund.
                                                    Charlotte Financial
                                                Employee Benefits Summary
Legal Advising                                             Employee is entitled to legal
                                                           advising in any of the law firms
                                                           associated with the company for
                                                           free.
                                                           Doesn’t include legal counsel or
                                                           representation.
Stock Options                                              Offer to buy company stock and
                                                           gain dividends annually.
                                                           May sell stock to company at
                                                           buyback prices including a 2% end
                                                           of the year bonus based on salary.
                                                           May buy more stock based on how
                                                           many years of service to the
                                                           company.
School Assistance    Must attend classes at an             Charlotte Financial will pay for up
                     accredited college.                   to 90% of the tuition costs if an
                     Seek a business related degree the    employee chooses to attend
                     company would approve.                college or graduate school.
                     Guarantee 5 years of service at the
                     company after gaining the degree.
  Addition State                Eligible                            Non-Eligible
 Mandated Benefits             Employees                             Employees
Unemployment         Protects employee and family from     Part-time or temporary
Insurance            drastic decrease in salary when       employees.
                     there is an involuntary layoff.       Employees who quit at their own
                     Term lasts for up to 90 days after    discretion.
                     termination in which the employee
                     will receive 60% of income for that
                     period of time.
Social Security      Federal program that taxes each
                     employee in order to cover
                     unemployment insurance,
                     disability insurance, and
                     supplementary medical insurance
                     for an aged workforce.
                     Must be 65 years old to gain full
                     benefits.