The Holland Board of Public Works understands the needs of our employees and of their families and is committed to providing a benefit package that works with the diverse needs of the family.  As such, the we offer the following benefits to its employees:

Medical

The Holland Board of Public Works offers four comprehensive medical plan options.  Blue Cross & Blue Shield (BCBS) has been appointed as our administrator to guarantee that adequate medical resources are available to meet the needs of our employees and their families. By offering different coverage plans, we give employees the needed flexibility necessary of meeting their individual needs. Overall, each plan covers the same medical services, but may differ in specialized services, annual deductibles, co-payments and co-pay prescriptions. Since the HBPW uses BCBS, employees have a large list of medical providers from which to choose. Employee coverage begins on the first day of the month following 30 days of their hire date.

Dental

The Holland Board of Public Works offers a complete coverage package in which routine preventive dental services are covered and additional services are split at a 50/50 level up to the specified annual ceiling cap.  Employee coverage begins on the first day of the month following 30 days of their hire date.

Life insurance

The Holland Board of Public Works recognizes the needs of a family during the loss of a member and in response, we have created various options employees can select that can help meet those needs. According to employee classification, an employee may select anywhere from $10,000 to 3 x annual pay. Employees also have the opportunity to add spouses and dependents to their life insurance option.

Variable Compensation Plan

The Holland Board of Public Works understands that employees are the most important resources of any company, for its present accomplishments and future goals.  Thus, we have established a Goal/Performance oriented program that encourages and awards employees who strive and set goals that continue the success of the Holland Board pf Public Works.  These goals provide a direct link to the corporate goals established and approved by the senior management and our Board of Directors.  Each year, both Senior Management and the Board of Directors evaluate corporate, team and individual goals and determine an variable compensation factor. The determined amount is delivered on a yearly basis to eligible employees.

Deferred Compensation (457 Savings) Plan

Recognizing the dynamics of the job market and the need to find tax shelters, the HBPW offers this plan as a way for employees to take control of their retirement future.  By providing a comprehensive deferred compensation program, employees have the opportunity of investing a pre-tax portion of their income into two different deferred compensation retirement companies; ICMA and Hartford Life.  This allows employees to benefit now and in the future by reducing their annual taxable income today and establishing a secure retirement plan that is under their control.  Employees can participate in this plan immediately and may make changes in their contributions on an open basis.

Retirement Plan

The Holland Board of Public Works provides a highly competitive base contribution to the 401(a) plan with a one time option for employees to contribute and additional matching percentage.   This plan is considered as the qualifying pension plan as defined by the Internal Revenue Service and is administered by the Michigan Employee’s Retirement System (MERS).  The retirement plan is a defined contribution plan designed to provide a secured retirement income source for those employees who have committed dedicated years of service to the Holland Board of Public Works.  Employees become fully vested in the plan after five years of service and are eligible for full retirement at the age of 55 after 25 years of service or the age of 60 after 10 years of service.

Holidays

The Holland Board of Public Works offers 8 paid holidays per year.

Flex Spending Accounts

The Holland Board of Public Works has both, a Flex Health Care Spending Account and a Dependent Care Spending Account. These options allow employees to use tax-free dollars to pay for health care and work-related dependent care expenses. New hires are eligible to participate in one or both accounts as soon as they’re enrolled in our flexible benefits program.

Additional benefits include...