Employment Information
EEI hires staff employees and temporary employees as well as contractors.
Staff employees work at one of EEI's offices and work 40-hour weeks and more. Examples of staff include company officers, managers, HR personnel, and accounting personnel.
Temporary employees are employed on an as-needed basis by the job. These employees have the benefit of being able to turn down an assignment when it is expedient for them to do so. Once they accept an assignment, it is incumbent upon them to complete that assignment unless an emergency arises whereby they must give as much notice as possible. Examples of temporary personnel include publications and web specialist who work in EEI's offices or in our clients' offices. Employees are paid biweekly on Wednesdays.
Contractors are individuals who have established their own companies and work for a number of organizations. They possess certain skill sets that are unique and not required on a sustainable 40-hour-a-week basis. Some writers, designers, web and new media specialists, and training instructors are contractors. Contractors do not receive any benefits from EEI nor does EEI withhold any taxes from their checks. Contractors are paid for acceptable work 30 days after the receipt of their approved invoices.
A complete listing of positions with EEI Communications is available in our Jobs section.
Benefits
All employees receive the following:
- Medical/Dental Reimbursable Plan
- Vacation Leave
- Holiday Leave
- 401(k) Participation
- ESOP Participation
- In-house Training/Book Discounts
- Computer Lab Signup
- Referral Bonus for New Employees
Additional benefits for staff employees include the following:
- Choice of EEI's Health Care Plans
- Disability Insurance
- Life Insurance
- EAP
For details of EEI benefits, contact EEI's Human Resources department.
401(k)
EEI's 401(k) plan is open to all employees once their eligibility date has been achieved. Once eligible, the employees are urged to contribute as much of their wages (up to 14%) as possible. EEI matches wages up to a certain point, and at the end of each fiscal year, EEI distributes profit sharing and forfeiture moneys to each of the eligible employees.
Plans from previous employers can be rolled into EEI's plan, too. The moneys contributed by employees, in turn, can be rolled into future employer's plans if an employee terminates his or her employment with EEI. Matching, profit sharing, and forfeiture moneys are distributed to vested employees only.
Employee Stock Option Plan (ESOP)
EEI's ESOP is a qualified retirement plan, which means that each eligible employee receives a percentage of the allocated shares of the ESOP each year. Those shares are based on a percentage of that employee's W2 wages divided by the sum of all the W2 wages of eligible employees.
The value of a share of EEI stock is determined by an outside valuation company annually. That value is available after the audited financial statements and the valuation are completed for the previous year.
EEI believes that those employees who contribute significantly and over time should benefit the most from this plan. It is designed as a retirement plan, not a get-rich-quick plan. In just one and one/half years, the plan has grown significantly. With dedication and careful planning and expert execution, the company should be able to achieve its goals and provide a substantial part of each participating employee's retirement when that day comes.
