Benefits

Chalkboard with the words Employee Benefits written in chalk

A total compensation package

At Associated , total compensation has two components: base pay and health/wellness benefits. In addition to competitive pay, Associated Electric offers benefits that support your career and well-being and make it an excellent place to work.

The Cooperative pays 100% of the health care coverage for each employee and 85% of the employee’s eligible dependents’ coverage. Coverage begins on the first day of employment.

The Cooperative pays the full premium for employee only dental coverage for nonunion employees. The employee may elect dental coverage for their eligible dependents. Union employees have the opportunity to elect dental coverage for themselves and eligible dependents.

The Cooperative pays the premium for employee basic life and accidental death & dismemberment insurance. Employees may purchase additional life insurance coverage for eligible dependents.

All premiums are paid by the Cooperative. This plan pays 66-2/3% of your base salary should you become disabled and unable to perform your job duties.

All premiums are paid by the Cooperative. This plan pays 66-2/3% of your base salary should you become disabled and unable to perform your job duties.

PTO can be used when an employee is sick, for a vacation, or for any other personal business. All new nonunion employees shall earn forty (40) hours of PTO on their date of hire. After the initial accrual, nonunion employees shall earn 13.33 hours per month after their 3rd month of service. Union employees accrue 13.33 hours per full month worked and have a six month waiting period before accrued PTO may be used.

  1. New Year’s Day
  2. President’s Day
  3. Good Friday
  4. Memorial Day
  5. Independence Day
  6. Labor Day
  7. Veteran’s Day
  8. Thanksgiving Day
  9. Day after Thanksgiving
  10. Christmas Eve Day
  11. Christmas Day

Court Leave, Voting, Death in Family, Funeral Leave, Family and Medical Leave, Military Leave

Nonunion employees are eligible to enroll the first of the month following their first 30 days of service and have worked at least 84 hours in a calendar month. The Cooperative will provide a base contribution of 6% of salary after 30 days of service. After one year of service, the Cooperative will match 100% of employee contributions up to 7% of base salary. Employees may elect to invest in a variety of investment funds.

Union employees are eligible to enroll the first of the month following one year of employment. After one year of service, the Cooperative will provide a base contribution of 6% of salary and match 100% of employee contributions up to 7% of base salary after the appropriate waiting periods. Employees may elect to invest in a variety of investment funds.

To assist in planning for retirement, Associated partners with the National Rural Electric Cooperative Association (NRECA) to provide employees with retirement and financial planning seminars.

After one year of employment, the Cooperative will reimburse employees for tuition and required book fees. The class must be taken at an accredited institution and the employee must complete the course with a grade of “C” or above. Employees must remain employed at AECI for three years or a reimbursement to AECI will be scheduled.

The Employee Assistance Program (EAP) provides confidential resources, support and counseling services to help all employees and their family members resolve issues affecting the quality of life at home or work. The EAP also includes up to six free counseling sessions annually per health plan participant.

To support our employees involvement in the community, we offer a matching funds program to enhance employee giving. Employees who donate to support qualified 501(c)3 public charities are eligible for matching support up to $100 from the cooperative.

Commitment to Corporate Wellness

Associated Electric provides a variety of wellness programs, services, and education to help our employees live healthy lives. The following resources are available to Associated Electric employees and their families in order to help them achieve lifestyle changes that improve their health. Corporate wellness activities encourage employees to adopt healthy habits and thereby help control the rising health care costs.

  • Non-tobaco facilities
  • Fitness center reimbursement
  • Health fair
  • Wellness education and events
  • Flu shots
  • AECI-sponsored recreation events
  • Onsite fitness room and classes (Springfield only)

The information on this website is not intended to describe or summarize the terms of Associated Electric’s compensation and benefit plans nor is it the official plan document for those plans. In the event of any conflict, inconsistency, or ambiguity between the information on this website and the official plan documents, the terms of the official plan documents will be controlling. Associated Electric reserves the right to modify, amend, change, revoke, suspend or terminate its compensation and benefit plans, in whole or in part, at any time and for any reason.

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