Island Operating Company, Inc.
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employee benefits

Our benefits package includes:

Group Health Insurance

  • Wellness Benefit
  • $750 Deductible
  • Prescription Drug Card
  • Preferred Provider Discounts
  • Accident Benefit

Short and Long Term Disability
Island pays 100% of the cost for short-term disability and long term disability for each employee. Disability benefits are paid for an illness or injury away from work beginning on the eighth day of the illness or injury. Effective date of coverage is the first of the month following date of hire.

Optional Coverage's Include:

Dental Insurance
Island pays 30% of the premium for all employees. Services covered under this plan include preventive, basic, major and orthodontia. This plan is a progressive plan in which coverage increases each year (maximum benefit in third year).

Vision Plan
PPO Provider on this play offers a $10 co-pay on eye exams and a $10 CO-pay on eyeglasses and contact lenses, once every 12 months.

Optional Benefits Include:

Vacations & Holidays

Individual Safety Awards

Uniforms
Uniforms are provided to Island employees after their first six (6) months of employment.

Employee Referral Program
A $250.00 referral bonus is given to any employee who refers an experienced production operator to Island Operating. The referred operator must list you as the referrer on their employment application, and complete sixty (60) days of employment in order for you to receive the award.

401(k) Plan Trust
Employees may contribute 1%-99% of their gross pay our 401(k) plan. The annual limit is $15,500

Section 125 Cafeteria Plan
This benefit allows an employee to have pre-tax deductions for any insurance coverage that is deducted from payroll (with the exception of life insurance). The election decision for the Cafeteria Plan will be binding for the full plan year and may only be changed if there is a change in family status.

Direct Deposit
Employees can have their payroll direct deposited into their banks the morning of payroll.

Credit Union
Employees may become members of the Acadiana Federal Credit Union after 60 days of employment. Low interest loans as well as money market accounts, certificates of deposit, checking accounts, savings accounts, etc. are available as a payroll deduction.


   

 

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