Intermittent employees, and/or those who work an average of less than 20 hours per week, are eligible for the following benefits:
Vacation - Vacation hours are accrued as a percentage of hours worked. In the first year of employment, employees can accrue up to 80 hours of paid vacation. In each subsequent year, they accrue 8 additional vacation hours, up to a maximum of 160 hours/year. Employees who work an average of 40 hours per week accrue 80 hours of vacation time during the first year. Those who work more than 40 hours a week accrue more leave time, and those working less than 40 hours accrue less. You can carry over a maximum of 40 hours of unused sick/vacation time (combined) into the new year; at Integrated Statistics, sick leave and vacation leave are considered interchangeable. Unused sick/vacation time in excess of this amount is paid out in December.
Sick Leave - Sick leave hours are accrued as a percentage of hours worked. In the first year of employment, full-time employees can accrue up to 30 hours of paid sick time. In subsequent years, the accrual rate typically results in 40 hours of paid sick leave a year. If you work more hours, you accrue more sick time; if you work fewer hours, you accrue less sick time. You can carry over a maximum of 40 hours of unused sick/vacation time (combined) into the new year. Unused sick/vacation time in excess of this amount is paid out in December. At Integrated Statistics, sick leave and vacation leave are considered interchangeable; therefore our sick leave policy is in accordance with the Massachusetts state regulations.
Maternity Leave - The Integrated Statistics maternity plan covers employees in states that do not have paid maternity leave. The Integrated Statistics plan allows up to six weeks of paid leave after giving birth to or adopting a child. During this time employees are paid two-thirds of their regular salary. To be eligible for IS maternity leave, an employee has to be employed by Integrated Statistics for at least one full year immediately prior to the beginning of the leave, and to have worked an average of at least 20 hours a week during that year. Our policies are in line with the Family and Medical Leave Act (FMLA) so you may take an additional 6 weeks of unpaid leave if you wish, giving you 12 weeks total. If you are resident in a state with paid maternity leave, you are not covered by the above Integrated Statistics Maternity Leave Benefits. Instead, you would receive the Maternity Leave Benefits offered by your state. Here are links to the workplace posters for states that currently have state sponsored paid maternity benefits: California, Massachusetts, New Jersey, and Rhode Island. Please contact the Integrated Statistics office with questions.
Paternity Leave - The Integrated Statistics paternity plan covers employees in states that do not have paid paternity leave. The Integrated Statistics plan allows up to three weeks of paid leave after the birth or adoption of a child. During this time employees are paid two-thirds of their regular salary. To be eligible for IS paternity leave, an employee has to be employed by Integrated Statistics for at least one full year immediately prior to the beginning of the leave, and to have worked an average of at least 20 hours a week during that year. Our policies are in line with the Family and Medical Leave Act (FMLA) so you may take an additional 9 weeks of unpaid leave if you wish, giving you 12 weeks total. If you are resident in a state with paid paternity leave, you are not covered by the above Integrated Statistics Paternity Leave Benefits. Instead, you would receive the Paternity Leave Benefits offered by your state. Here are links to the workplace posters for states that currently have state sponsored paid paternity benefits: California, Massachusetts, New Jersey, and Rhode Island. Please contact the Integrated Statistics office with questions.
Section 125 Premium Only Plan (POP) / Cafeteria Plan - The Section 125 Premium Only Plan goes from April 1 to March 31. This plan allows you to pay the employee portion of your health premium with pre-tax dollars, effectively reducing the cost of your health insurance. The Section 125 Summary Plan Description gives you the big picture; for eligibility questions and enrollment forms, please contact the Integrated Statistics office.
Dental Insurance - We self-insure for dental insurance. A total of $1200 per calendar year family benefit is available for an employee, spouse, and/or child up to the age of 23. Please have your dentist send the bills to Integrated Statistics, 16 Sumner St, Woods Hole, MA 02543
If you have questions about the health plans, please contact
the Integrated Statistics office.
Employees are eligible to enroll after three months of employment.
If you are interested in opening a 401K account, please follow the directions in the
Electronic Enrollment document.
It is a matter of setting up an account and then deciding
how much to contribute and which funds to invest in.
If you have any questions when setting up your account, please contact the Fidelity Client Service Administration team at
1-800-448-6668 Option 1. You can also contact Alpha Pension, the IS Independent Pension Advisor. David Bradshaw, the
IS Participant Relationship Manager at Alpha, is available to answer questions regarding the establishment of your 401K
account and also to discuss investment alternatives and your 401K strategy. If you would like to speak with David, please
contact Michelle at Alpha and she will set up a phone appointment with David. Michelle's contact info:
617-916-0335 Ext 1014 or michelle@alphapension.com
If you have any questions on the above information, please contact the
Integrated Statistics office.401K Plan
Integrated Statistics offers a 401K plan that is administered by Fidelity Investments. Integrated Statistics
matches employee contributions, dollar for dollar, up to 4% of the employee’s salary. For 2021, employees may contribute
up to $19,500 per year to their 401K accounts (up to $26,000 if aged 50 or older). Contributions can be made on a
pre-tax basis, thereby reducing your taxable income or after tax (Roth).