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Total Rewards confidential hrmjcpa zendesk com

Total Rewards What is a Total Rewards Statement A total rewards statement is a personalized statement that enables you to see the full value of your total compensation pay benefits etc How will I receive my Total Rewards Statement 1 You will be able to access your statement by logging into Paycom 2 Once on the homepage click the v to see the list of options under Benefits Click the Total Rewards Statement 3 It will take you to a pdf document that you can open and save if you would like to keep it for your records How do I receive my new pay rate Once logged into Paycom click on the Pay Rates option under Payroll Your new salary or hourly rate is effective July 1 2023 It will be reflected in your July 15th paycheck What information is provided in the statement Section 1 Earnings Includes all earnings including overtime performance bonus taxable reimbursements and additional gifts bonuses from June 1 May 31 Section 2 Taxes Includes all taxes paid by the employee and paid by the firm Section 3 Benefits Includes all benefits paid by the employee and paid by the firm What if I want more information about a certain benefit To learn more about all benefit offerings please visit our intranet site 2023 Employee Benefits What if I have questions or comments regarding my Total Rewards Statement Please email payrollbenefits mjcpa com for any questions or feedback you may have 2

To learn more about the benefits provided by M J see below COMPENSATION Our aim is to hire qualified people and to give them maximum opportunity to advance within their career We aim to provide competitive compensation to not only meet the market for hiring and retaining the best talent but also to reward based on ability leadership willingness to accept responsibility seniority and expertise Annual adjustments will be reflected in your July 15th paycheck DISCRETIONARY EMPLOYEE BONUS PROGRAM The firm provides a discretionary employee bonus program that includes an annual performance based merit award for Senior Associates through Director staff levels The bonus is equal up to 5 of the employee s gross base salary earned during each fiscal year ending May 31 For employees promoted to Senior Associate level during the course of a fiscal year their annual performance bonus will equal up to 5 of that employee s gross base salary earned from the date of promotion through May 31 For less than full time employees bonus will be up to 5 of fiscal year base earnings To be eligible for the bonus an employee must have been employed or promoted to Senior Associate by March 1 of the fiscal year The bonus will be paid with the July 31st payroll BENEFITS At M J your benefits are a valuable part of your total rewards Your benefits package provides protection for you and your family with expenses shared by the firm as well as other services available to you at discounted group rates Below is a brief summary of the choices available to all eligible full time or less than full time employees CAFETERIA PLAN ACCOUNTS Cafeteria plan accounts offer an opportunity to use pre tax dollars to pay eligible expenses Contributions made to your account are withheld pretax We offer the following cafeteria plan account options MEDICAL BENEFITS Your medical choices are designed to provide comprehensive protection and a network of preferred providers For medical benefits you can select the HMO Plan 610 HMO Plan 620 PPO Plan 290 and the HDHP 780 HSA Eligible PRESCRIPTION DRUGS You automatically receive prescription drug benefits administered by the RxEDO GBA s pharmacy benefit manager when you enroll in any of our medical benefits This benefit provides different cost tiers that define the copay amounts and or coinsurance levels provided to its members 3

DENTAL VISION BENEFITS Whether or not you elect medical coverage you may choose dental and or vision benefits for yourself and your dependents Eligible employees may enroll in the firm s dental and vision plans administered by GBA which provides a broad network of dental and vision professionals DEPENDENT CARE REIMBURSMENT ACCOUNT Many families require dependent daycare services for their children This type of care can be expensive which is why we offer you the opportunity to participate in a dependent care reimbursement account plan Health Care FSA flexible spending account You may take advantage of the pre tax flexible spending account funds to pay for eligible expenses such as copays coinsurance and deductibles prescriptions eyeglasses and contact lenses and orthodontia and dental care ADDITIONAL HEALTH WELLNESS BENEFITS BASIC LIFE AD D INSURANCE BENEFITS Life insurance offers an important source of financial protection We provide basic life and Accidental Death and Dismemberment AD D coverage at no cost to you The benefit is three times your annual base salary not to exceed 1 000 000 SHORT TERM DISABILITY The Short term Disability STD plan provides continuing income when an illness or injury prevents you from working for a short period of time STD is paid for by the employee and when used pays 60 of your before tax weekly earnings Not to exceed 60 of salary up to 1 000 per week LONG TERM DISABILITY The Long term Disability LTD plan provides continuing income when an illness or injury prevents you from working for an extended period of time LTD benefits offer financial protection if you have exhausted your paid time off and short term disability benefits LTD is 100 paid by the firm and when used pays 60 of your before tax weekly earnings Not to exceed 60 of salary up to 8 500 per month AFLAC M J offers several Aflac supplemental insurance such as accident indemnity cancer care personal sickness hospital protection critical care and hospital intensive care insurance Cost is paid by the employee 4

RETIREMENT SAVINGS PROGRAMS 401 k All employees 21 years or older are eligible the first of the month following thirty days of employment to participate in the firm s 401 k Retirement Plan The firm matches 50 up to 6 of pay contributed by the employee The plan offers pretax savings with a diverse selection of investment choices including everything from a self directed brokerage option to target retirement funds to make investing easy A Roth 401 k option is also available GRAYSTONE FINANCIAL CONSULTING At no cost to the employee Graystone Financial Consulting helps families invest in a way that aligns their personal values with their investments Graystone Consulting is a service provided to all employees that gives financial solutions to address specific needs and goals TRANSITION RETIREE BENEFIT GROUP The Transition Retiree Benefit group aids employees as they face the decision to transition out of the workforce and into retirement This benefit is provided at no cost to the employee SENTRYHEALTH The firm provides access to services through SentryHealth that include Telemedicine Financial Wellness Mental Health and much more All employees enrolled in a firm provided health plan and their participating family members will have access to these services Other great benefits to support your unique needs EMPLOYEE REFERRAL PROGRAM We believe that our employees are the best source of talent for the firm You may be eligible for a bonus based on individuals you refer who are hired by the firm subject to the terms of the program as they may be amended modified or terminated BENEPLACE Beneplace has partnered with major companies to provide valuable discounts on various products and services The product lineup includes pet insurance recreation travel personal services and many other goods and services OVERNIGHT BENEFIT M J s overnight benefit is available to help reduce some of the stress associated with the long hours and travel often required to provide excellent client service Following 12 nights of overnight travel employees will earn 25 per night for each night out of town 5

PARENTING LEAVE The birth or adoption of a child is a special time We recognize the importance of bonding with a new child and provide 80 hours of paid time off for parents to spend with their children If you are the primary caregiver you are allowed an additional 80 hours of phased return to work paid leave If you are a qualified part time employee your parenting leave pay will be prorated BEREAVMENT LEAVE M J provides 40 hours of bereavement leave in the event of a death of an immediate family member Immediate family is defined as a spouse domestic partner parent parent in law child stepchild sibling sibling in law grandparent and or grandchild If you are a qualified part time employee your bereavement pay will be prorated DIVERSITY INCLUSION PROGRAM M J is committed to creating a workplace culture that values a diverse and inclusive workforce Everyone is encouraged to join employee network groups which offer opportunities for employee growth and development drive innovation promote collaboration and enhance mentorship opportunities The groups provided are DEI Diversity Equity and Inclusion Women s Alliance and Interfaith Cultural Diversity MENTAL WELLNESS RESOURCES An on staff Licensed Professional Counselor Jasmine Posey provides a newsletter titled Living Well at M J that focuses on mental health topics The topics include Overcoming Imposter Syndrome and Understanding Emotional Intelligence Also SentryHealth provides mental health services that include overcoming issues related to work life balance stress anxiety and depression CALM APP The firm provides all employees with access to the Calm App The app allows employees to explore guided meditations and specialized music playlists to help with stress and focus mindful movement video and audio relaxing sleep stories tailored content for children wisdom filled masterclass led by experts and much more FLEXIBILITY M J empowers you to meet client and business needs while providing time to manage the demands of your life HOLIDAYS M J provides 10 paid holidays for all regular employees In addition to the standard holidays the firm also provides the week of July 4th off as an added benefit along with two floating holidays to celebrate days of religious or cultural importance civic or community service activities birthdays or federal or state holidays Your holiday pay will be prorated if you are a qualified part time employee UNLIMITED PTO PAID TIME OFF Time away from work is beneficial for everyone The Unlimited PTO Paid Time Off program is designed to provide flexibility for you to take time off from work for a variety of reasons including vacation illness family or childcare concerns personal business etc If you are a qualified part time employee your PTO pay will be prorated FLEXIBLE WORK ARRANGEMENTS The firm supports business aligned nontraditional work arrangements that will enable you to balance life s demands while also maintaining or enhancing your ability to serve clients Flexible work options might include a reduced work schedule telecommuting and hybrid in office vs in home work options 6

RECOGNITION DEVELOPMENT We are committed to helping you achieve career success at M J The firm provides a career advisor to support you with ongoing coaching and development Our learning and professional development includes formal training programs based on your experience level and specialty area s that support your ability to serve clients and grow in your career PROMOTIONS M J provides all employees with the opportunity to advance in their careers This includes providing opportunities for quarterly promotions based on years of experience expertise professional growth etc Promotion effective dates are June 1 September 1 December 1 and March 1 of each fiscal year CONTINUOUS LEARNING We offer a wide array of formal programs to support your ability to serve clients and to develop and grow in your career Training focuses on enhancing your job specific expertise career level and mastery of skills and knowledge relevant within the accounting industry PERFORMANCE MANAGEMENT M J s performance management cycle is an ongoing year round process It includes semi annual reviews along with quarterly performance feedback We encourage you to take an active role in your professional future by having conversations with your assigned advisor team leaders partners peers and others who can provide insights into your performance and professional development opportunities CAREER ADVISOR Every employee has an advisor who partners with them helping them discover their career opportunities at M J and empowering them to achieve both personal and professional success Career advisors support their advisees through ongoing coaching and development and meet semi annually to provide growth opportunities PROFESSIONAL CERTIFICATIONS Professional certifications are vital to both the growth of the firm and your personal career development To help you achieve these important career milestones we offer tools and resources to help you succeed The CPA certification exam preparation support and associated financial rewards are based on qualifying criteria All certification requests must be deemed necessary to the practice of your profession with the firm and be preapproved FORMAL RECOGNITION PROGRAM M J provides the opportunity for all employees to be recognized for the efforts they are making that go above and beyond The recognition collected through Quantum Workplace M J s review and recognition software is automatically provided to the employee s career advisor allowing the employee to be evaluated for their outstanding efforts 7

MAKING AN IMPACT M J supports charitable causes through volunteer activities fundraising and donations Through M J s Community Service program all employees are given the opportunity to give back to their local communities The program supports quarterly community projects within each office along with supporting numerous worthwhile nonprofit initiatives through our Nonprofit practice In addition each employee is provided an opportunity to use the two firm provided floating holidays for civic or community service activities COMMUNITY PROJECTS Quarterly community service projects within each office NON PROFIT INITIATIVES M J supports numerous non profit initiatives through our NFP practice 8