KIWISAVER. Death and Permanent Disability Insurance. The Company contribution is 7% of your earnings

Transcription

1 Staff Benefits

2 ...we are committed to providing our employees with a benefits package that acknowledges and supports their contribution and the value they add to our Company. Jo Oakes - HR Manager KIWISAVER It may seem like a long way off, but saving for retirement is important to do today so your money has time to grow. It s not always easy to save for the future. Whether you re single or married, with children or without, everyone has bills to pay. James Hardie understands this, so we have made saving for the future easy and affordable through our contribution to Kiwisaver. By contributing 4% of your pay each pay period to Kiwisaver, along with our contribution of 7%, you can build a nest egg that will add comfort and security to your retirement years. Financial security at retirement won t just happen you have to make it happen, and Kiwisaver is a great way to start and offers these key advantages: The Company contribution is 7% of your earnings You can save either 4% or 8% of your earnings You decided how to invest your account. You can choose from a wide variety of Kiwisaver schemes representing all kinds of investment strategies You receive a tax credit from the government each year to a maximum of $1040 per year You receive a $40 annual subsidy towards any fees on your Kiwisaver account You receive a $1000 kick start from the Government James Hardie is a leading international building materials company and a global leader in fibre cement, one of the world s fastest growing building materials. We re a rapidly growing performancedriven company. We believe each and every employee at James Hardie contributes his or her part to sustain our continued growth. Therefore we are committed to providing our employees with a benefits package that acknowledges and supports their contribution and the value they add to our Company. In addition to the core benefits, we offer a number of voluntary benefits. We encourage you to read this guide carefully so you understand your benefits and how they affect you. If you have additional questions, please contact someone in your Human Resources team. Death and Permanent Disability Insurance As a James Hardie employee you are insured for death or permanent disability. If you are a member of the existing James Hardie superannuation scheme (closed to new members from 1 April 2008), details of this cover are contained in your superannuation scheme rules. If you do not have a copy of these rules please contact your Human Resources team for a copy. If you are not a member of the existing James Hardie superannuation scheme, you will receive a lump sum payment of 1x your base salary.

3 Gym Discount To help keep you fit and healthy we ve negotiated a gym discount at Onehunga Aquasport Centre. As an employee of James Hardie you will receive either a 15% discount on your term membership or your joining fee of $90 will be waived (as long as your membership is paid by automatic payment). To find out more call Onehunga Aquasport Centre on (09) Bonus schemes We like to reward people going beyond just doing their job, in fact, it s what we expect! To acknowledge this contribution, we offer a number of bonus schemes at James Hardie which are tailored to your position to reward you for adding tangible value to our Company. The details of your bonus plan will have been discussed with you during your induction, but if you need a refresher, please contact either your manager or someone in your Human Resources team. Recognition scheme At James Hardie we really value the contribution that all our employees make and when our employees go the extra mile for us we want to let them know all about it! We have a recognition scheme whereby managers can nominate people who go above and beyond the call of duty to receive an award. This could include vouchers, a meal out for you and your partner, or even a weekend away. Educational assistance We think that investing in your future is important. You can apply for assistance to fund tertiary education that you are International opportunities When we talked to you at your interview about their being opportunities in the wider James Hardie group, we meant it! We have a number of people each year who move between countries to take up different roles, be they either permanent moves or secondments. All vacancies undertaking. If your application is accepted then James Hardie will refund up to 50% of the cost of your course and books. in the Asia-Pac region are advertised internally so you know what s on offer and can apply if you wish. If you are interested in an international opportunity but are not sure what that might be then you should talk to your Manager in the first instance or someone in your Human Resources team. Product purchase As a permanent employee you are able to purchase products at a discounted rate for both you and members of your immediate family. You are also able to receive rejected product for free, as long as it s for your own use. To find out more, check out the Employee Purchasing Policy. EAP EAP is part of our organisation s health and safety strategy. Our goal is to look out for your wellbeing, and you can use EAP to deal with personal and work issues. The service is free to you and totally confidential. To find out more please ask someone in your Human Resources team, or check out one of the posters or brochures around the site. Free lunch Friday The Company holds a Free Lunch for all employees at least once a month. This is an opportunity to take a break together and talk about what s going on around the business.

4 Flu injections To ward off winter bugs, James Hardie offers you a free flu jab every year. To find out more please contact the Health and Safety Manager. Parental leave Cashout LSL and Annual Leave You can cash out any leave that is in excess of statutory leave (ie leave that is mandated by the government). For example, if you receive 5 weeks holiday per year but the statutory entitlement is 4 weeks, then you can cash in the extra week. This applies per We recognise that having kids can be expensive, so to help out and to ease your transition back to work our enhanced parental leave policy provides for a gross payment of $2000 on returning to work from maternity leave - this payment is made up of $1000 after 2 months and another $1000 after 6 months. year so you can t hold on to some holidays that are part of your statutory entitlement and then cash them in later. If you want to find out more, please contact someone in your Human Resources team. Long service leave You will be entitled to a one off special holiday of four weeks when you have been with the Company for 15 years. Thereafter, you re entitled to a further special holiday of two weeks for every five years of continuous service. Don t forget that you can also cash this in! Gift policy The Company recognises a number of key events. At the birth of your child you will receive a gift basket from the Company to celebrate this happy occasion. Also, to celebrate a 25th anniversary milestone with the Company you will receive a gift of $400 plus a function put on by the Company. Hearing tests The Company conducts hearing tests each year. This can be really useful as hearing degrades over time and most of us never notice if we have a hearing problem. To find out more, please contact the Health and Safety Manager. Southern Cross Group Discount Southern Cross is one of New Zealand s biggest health care insurers. They offer a wide range of healthcare plans and you can access a discounted rate by being a James Hardie employee. If you want to find out more about the Southern Cross scheme, please contact someone in your Human Resources team.

5