TalentWave4Marvell
Home > Contractors | Professional
Payroll Services > Benefit Options
Benefit Options
TalentWave has designed a comprehensive benefits package
which is geared towards the professional and which is available
to our network of Payrolled Contractors. With less than a month’s
waiting period before the benefits take effect, TalentWave’s package
of benefits is affordable and quickly attainable.
Medical Coverage
Health Insurance is available nationwide through a PPO and an HMO (HMO
available for California residents only) with an extensive network
of physicians. Monthly premiums qualify for pre-tax deductions from
wages under Section 125, resulting in substantial savings. In addition,
TalentWave contributes 50% of the premium for individuals who work an average
30 hours or greater per week.
Life Insurance
TalentWave provides life insurance coverage for all Payrolled Contractors at
TalentWave’s expense, without cost to the contractor for the duration
of their employment with TalentWave.
Dental Coverage
Two dental plans are available for Payrolled Contractors to choose from.
Cafeteria 125 Plan
Under this plan, Payrolled Contractors may have their health insurance
premiums and dependent care expenses deducted from their gross pay
before taxes are withheld. This benefit allows individuals to realize
substantial savings each year.
401(k) Plan
TalentWave offers retirement planning through our 401(k) plan. There is no
waiting period for participation and Payrolled Contractors may contribute
up to 15% of their earnings, via a payroll deduction plan. Payrolled
Contractors can access and manage their plans on the web or using an
800#, and are given a choice of a variety of leading investment options.
Direct Deposit
All Payrolled Contractors are encouraged to take advantage of our direct
deposit option. Direct deposit eliminates the possibility of US Mail
delays and guarantees that payments will be posted on payday (Friday).
Payrolled Contractors also have the option of splitting the amount
to several accounts.
Financial & Tax Consulting
Payrolled Contractors are immediately eligible for one (1) free hour
of financial and tax consulting with a number of Certified Financial
Planners. Please contact TalentWave benefits administrator for more information.
|
