EMPLOYEE BENEFITS

Lyons Magnus brings to you all of the beneficial programs you can use to create a rewarding career.  Lyons builds on its commitment in rewarding our employees …

Educational Assistance
Lyons Magnus offers a comprehensive educational assistance program to its employees which helps offset the cost of education for courses relevant to the employee’s current or future positions within Lyons Magnus at the undergraduate and graduate level.

Holidays
Lyons Magnus offers 10 paid holidays on an annual basis.  The days observed are either company designated or discretionary.

Vacation
Full time regular employees are eligible for vacation time based on years of service:

Personal Time
Full time regular employees are eligible to receive personal leave benefits for jury duty, funeral, personal or family illness.

Learning & Development
Development opportunities include companywide orientation, weekly training workshops and off-site learning courses.

Medical Plan
Medical coverage is an optional benefit provided for eligible employees and dependants.  Employees share in the cost of coverage with pre-tax payroll deductions. The medical plan includes a Preferred Provider Organization (PPO) and a Exclusive Provider Organization (EPO) that does not require referrals.

Wellness Program
To ensure a healthy lifestyle, Lyons Magnus Wellness program provides confidential personal health assessments, several lifestyle management programs, health coaches, and on-line health tools at no cost to you and your family.  Lyons Magnus will provide a medical premium discount for participation.

Dental Plan
Lyons Magnus also provides you and your family dental coverage.  Included are provisions for basic and major dental work, as well as orthodontia. 

Vision Discount Plan
Lyons Magnus also offers you the option to purchase vision care at a discount cost through Total Vision Services, a nationwide network of more than 12,000 vision care providers.  The plan provides its members discount rates on most vision care expenses including PRK (Photorefractive Keratectomy) and Lasik Eye Surgery procedures.  Visions discount coverage is available to you and your family members upon enrollment and a paid annual membership fee of $30.

Disability Coverage Plan
Lyons Magnus provides at no cost to the employee, long-term disability coverage to supplement your income for qualified non-occupational injuries and illnesses or while you are disabled and unable to work for a period exceeding 180 days.  The long term plan pays 60% of your eligible monthly compensation up to age 70.

Life Insurance Benefits Plan
Lyons Magnus provides its employees, upon enrollment in the health insurance plan, with basic life insurance benefits.

Flexible Spending Account Plan
Lyons Magnus offers the option of two different types of pre-tax spending accounts that allows you to reimburse yourself for out of pocket expenses and helps you pay less in taxes : 
Each year an employee may contribute up to $5000 (before taxes) to your health care spending account to help pay for eligible health care expenses incurred by you or your family members that are not reimbursed by any other source. 
Each year an employee may contribute up to $5000 (before taxes) to your dependent care spending account to pay for eligible dependent child-care or adult–care expenses that enable you or your spouse to work.

Matched Retirement Savings – 401(K)
Lyons Magnus employees are eligible to contribute to its retirement income savings plan on the first day following six months of employment.  As a new employee, your are automatically enrolled in the 401(K).   You will receive notice on your first day of hire about this automatic enrollment.   This 401(K) plan offers employees the opportunity to save pre-tax dollars for retirement while deferring their tax obligation.  Lyons Magnus will match a portion of your contributions. Matching contributions are invested in the same funds your current contributions go into and are made at the end of each year.