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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 |
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| 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:
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- 22.7% payroll savings plan
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- 64.8% disability insurance
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- 74.1% group life insurance
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4. Percentage of companies paying overtime at the following rates:
|
Regular Time |
|
Double Time |
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| 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% |
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| 5. Average employer contribution for benefits is 30.90% of employee wages. |
| SOURCE: Georgia Department of Economic Development, 2003 |
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