ranked number one
 
 

Employee Benefits

40 Companies
Floyd County Labor Market Area
Bartow, Chattooga, Floyd, Gordon, Polk, Walker
 
1. Average number of paid holidays annually:
(a) hourly employees 8 days (b) salary employees 11 days

2. Average number of paid vacation days granted each year according to the years of service listed below:

Vacation Days
Hourly Employees

Vacation Days
Salary Employees

After 1 Year
6
7
2-5 Years
8
10
6-10 Years
12
13
11-15 Years
14
14
Over 15 Years
16
16

3. Percentage of Companies Providing the Following Benefits:
  • 25.3% profit sharing
  • 78.9% major medical
  • 59.2 % sick leave
  • 7.9% stock purchase plan
  • 64.8% dental insurance
  • 45.3% shift premiums
  • 74.9% jury duty pay
  • 22.7% payroll savings plan
  • 66.2% 401-(k) plan
  • 57.8% maternity leave
  • 64.8% disability insurance
  • 59.2% educational asst.
  • 25.3% retirement plan
  • 74.1% group life insurance
  • 72.7% funeral leave pay
  • 63.0% hospital insurance
  • 51.6% personal leave
  • 26.6% year end bonus
  • 14.9% vacation bonus
  • 69.1% military leave
  • 35.3% free uniforms
 
4. Percentage of companies paying overtime at the following rates:
Regular Time

Time &
A Half

Double Time

Double Time &
A Half

After 40 Hours 0.00% 100.0% 2.1% 0.00%
More than 8 Hours 21.20% 24.90% 0.00% 0.00%
Saturdays 10.00% 21.70% 2.10% 0.00%
Sundays 10.00% 7.90% 20.30% 0.00%
Holidays 10.00% 32.00% 13.10% 7.80%
5. Average employer contribution for benefits is 30.90% of employee wages.
SOURCE: Georgia Department of Economic Development, 2003
   
 
   
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