361 Services offers the following benefits to active hourly employees.
Holiday Pay
W-2 hourly employees are eligible for holiday pay. To receive holiday pay, employees must have accumulated 1,000 regular hours within the previous 12 months, must be on a project, and must work 24 hours the week of the holiday and 24 hours the week following the holiday. Qualifying employees will receive 8 hours pay for the major holidays listed below, whether or not the employee works that day.
The pay will be added to your time for the week that follows the holiday and will be paid out at the current rate of pay. Payment of holiday pay will not be counted when calculating overtime hours.
For purposes of calculating eligibility for Holiday Pay overtime hours are not included.
2024 Holiday Schedule
Monday, January 1, 2024 — New Year’s Day
Monday, May 27, 2024 – Memorial Day
Thursday, July 4, 2024- Independence Day
Monday, September 2, 2024 – Labor Day
Thursday, November 28, 2024 – Thanksgiving
Wednesday, December 25, 2024 – Christmas
401(k) Plan
The 361 Services 401(k) plan is available to active W-2 employees who have completed 1,000 hours of service within the past 12 months. Upon meeting the eligibility requirements, you may begin participating in the plan on January 1 or July 1. You are permitted to defer a percentage of your compensation from 1% to 92% on a pre-tax basis. The IRS contribution limit for 2024 is $23,000. If you are age 50 or older, you may contribute up to $30,500. 361 Services will make a safe-harbor contribution equal to 100% of employee contributions up to 3% of compensation plus 50% of your contribution between 3% and 5% of compensation.
Medical and Vision Insurance
W2 hourly employees who average at least 30 hours per week are eligible for medical and vision insurance on the first of the month following 60 days of employment. 361 subsidizes a portion of the employees medical premiums.
Eligibility
If you are uncertain whether or not you are eligible for these benefits please call.