Insurance POOLCORP offers medical, dental, vision and life insurance benefits for all regular, full-time employees and their dependents. The company also provides accidental death and disability, salary continuation and long-term disability insurance to eligible employees at no cost.
401(k) Plan We offer a 401(k) savings and retirement plan, which provides benefits for substantially all employees who meet minimum age and length of service requirements. Eligible employees are able to contribute up to 75% of their compensation, subject to the federal dollar limit. For plan participants, we contribute a total match on employee contributions of up to 4% of thier compensation, with a 100% match on the first 3% of compensation deferred and a 50% match on deferals between 3% and 5% of compensation. Effective March 1, 2005, we adopted the Pool Corp Deferred Compensation Plan, a nonqualified deferred compensation plan. The plan allows certain employees who occupy key management positions to defer salary and bonus amounts, and provides a matching contribution similar to that provided under our 401(k) plan to the extent that a participant’s contributions to the 401(k) plan are limited by IRS non-discrimination limitations. The total company matching contribution provided to a participant under the 401(k) plan and the Pool Corp Deferred Compensation Plan combined for any one year may not exceed 4% of a participant’s salary and bonus..
Employee Stock Purchase Plan The POOLCORP Employee Stock Purchase Plan provides an opportunity to invest in the common stock of POOLCORP through automatic payroll deductions at a 15 percent discount.
Incentive Plans POOLCORP provides competitive incentive plans to eligible employees.
Holidays Our company recognizes: - New Year’s Day
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day (2 days)
- Christmas Day (2 days)
Paid Time Off The company grants paid time off (PTO) to regular full-time and part-time employees after completion of one year of uninterrupted service: - Less Than Five Years: 13 Work Days
- Five Years, But Less Than Ten Years: 18 Work Days
- Ten Years and Over: 23 Work Days
Relocation Benefits In accordance with POOLCORP’s relocation policy, certain transferees and new hires may be eligible for relocation assistance, should the company determine there is a compelling business interest to relocate an employee.
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