Benefit
Foremost Farms USA offers a comprehensive selection of employee benefits. Listed below is only a brief outline. Various offerings, eligibility and other rules apply which are governed only by official plan documents and can vary by hourly or salaried status, in addition to location.
Health Care
- Medical Coverage
There are multiple medical plans for employees and family members, including consumer-directed plan options. Preventive care and comprehensive prescription drug plans are associated with all medical plans. - Dental Coverage
Foremost Farms USA offers comprehensive dental coverage for employees and family members, including preventative care benefits. - Vision Coverage
We offer voluntary vision coverage at many Foremost Farms locations.
Flexible Spending Account (FSA)
The pre-tax benefits of putting a portion of your pay into a FSA to pay for certain un-reimbursed medical/dental expenses like deductibles, co-pays, coinsurance and many over-the-counter medications, dependent care are available to employees at most Foremost locations. By contributing and “paying yourself back” with pre-tax dollars for out-of-pocket expenses, you will be lowering your taxable income and increasing your take home pay.
Insurance
- Life Insurance
Term life insurance is available through Foremost Farms-sponsored life insurance plan. - Short-term Disability (STD)
STD pay is available in the case of extended medical-related leaves of absence to offer a level of income protection if you are unable to work. - Long-term Disability (LTD)
LTD is available to help protect a level of income in the case that an employee is unable to work on a longer-term basis.
Paid Time Off
There are multiple paid time off benefits available depending on the situation. This includes vacation, holidays, bereavement and sick days.
Retirement
Retirement benefits are a significant part of our total benefits package. Foremost Farms USA offers two retirement plans. A defined benefit plan, commonly referred to as a pension plan, is 100 percent company funded and is based on years of service and annual compensation.
Secondly, employees can take advantage of a defined contribution plan, commonly referred to as a 401(k) plan, which includes a company match based on the amount each employee contributes into the plan. There is a pre-tax regular 401(k) and a post-tax Roth 401(k) option.
Education Assistance
Employees are encouraged to continue to grow in their current positions and prepare for future opportunities that may arise in the company. Assistance is available to salaried and hourly employees who have received supervisor approval and are taking courses that relate to their jobs or the business activities of Foremost Farms. The current maximum annual benefit is $5,250.
Employee Assistance Program
The EAP is intended to help with the challenges of balancing work and family issues. It can provide assistance when searching for childcare or when researching resources for dealing with an elderly parent.
Referrals for legal assistance as well as money management consultation also are part of the EAP. Of course, you may consider using the EAP when dealing with other life issues such as parenting, jobs, relationships or substance abuse.