Core and optional programs are available that allow you to design a benefits package to meet your individual needs. Core benefits are provided by the Company at no cost and give you a basic level of protection. Optional benefits allow you to add extra coverage at group rates based on your own personal situation. Once elected, both core and optional benefits are effective on your first day. Flexible benefit options include:
Medical Two PPO (Preferred Provider Organization) plans and HMO options in specific areas of operation are available for Dole employees. If you have coverage elsewhere (such as under a spouse’s plan), you can waive the Company’s medical coverage and receive a $600 annual credit. This credit may be applied towards the costs of other benefits or added to your paycheck as taxable cash. Dental A preferred provider plan is available for you to elect. Vision Two vision options, basic and premium, are available for you to elect. Life Insurance Core coverage of one times your base pay up to $50,000 is provided to you. Optional coverage of up to $1.25 million is available to purchase, as well as coverage for your spouse and your children. Accidental Death & Dismemberment Optional coverage of up to $1.25 million is available for you to purchase to cover yourself or you and your family. Business Travel Accident Core coverage of four times your base salary up to $1.5 million is provided to you for when you are traveling on company business. Long Term Disability A core level of coverage is provided to you that would replace a portion of your lost income if you become sick or injured and are unable to work for more than six months. A higher level of protection is also available for you to purchase as an optional coverage. Flexible Spending Accounts Healthcare accounts are available for you to defer up to $5,000 annually on a before tax basis and reimburse yourself for eligible expenses.
401(k) Plan A 401(k) savings program is offered that allows you to save a portion of your before-tax and after-tax income for retirement. Dole provides a matching contribution of $1 for every $1 of pre-tax pay that you save, up to 6% for each pay period. You may contribute up to 50% of your before tax income up to the federal limits. You may also contribute 5% of your after-tax income. You can begin contributing any time after your date of hire and are vested at 100%.
Time Off A flexible time off program is provided by all divisions. You begin accruing time to use as of your first day. Paid Holidays Paid holidays are offered each year. Short-Term Disability Pay Short-term disability pay replaces 100% of your base pay when you are sick or disabled for more than 5 consecutive workdays. Benefits begin accruing after your first three months of employment. Employee Assistance Program (EAP) EAP offers confidential help for a wide range of personal and work-related concerns. You are automatically enrolled and immediately eligible for services upon your first day of employment.