Starting this year, Kent, Wash.-based Recreational Equipment Inc. (REI) began offering some full-time benefits to their part-time employees.
That's no small change because the retailer employs nearly 4,000 employees who work fewer than 20 hours a week at 82 stores. But it gives the company a competitive advantage in recruitment and retention, says Jeff Johnson, director of compensation and benefits.
Under the plan, the company offers health coverage up to $10,000 a year with a $150 deductible. REI subsidizes 60 percent of the cost, so the 992 employees who enrolled pay $12 each per pay period. Part-timers also can enroll in a dental program for $9 per pay period, and the company provides free life insurance.
Contact: Jeff Johnson, director of compensation and benefits, REI, (800) 426-4840.
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