Washington Short-Term Incentive Plan

State:
Multi-State
Control #:
US-CC-7-588C
Format:
Word; 
Rich Text
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This sample form, a detailed Short-Term Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Paid Family and Medical Leave gives Washington employees a way to take paid time off to care for themselves or a family member. You don't have to worry about managing your employee's claim or figuring out if they are eligible. Employees apply for Paid Leave directly with ESD.

Most of the specific policies outlined here can be found in Chapter 49.46 RCW and Chapter 296-128 WAC. At a minimum, employees must be provided one hour of paid sick leave for every 40 hours worked. You must provide paid sick leave to all your employees regardless of full-time, part-time, temporary, or seasonal status.

Stay at Work offers reimbursement for 50% of the worker's base wages for up to 66 light-duty working days (max $10,000) per claim. Base wages are the gross hourly wages or salary the worker earned while performing the approved light-duty job, and can include overtime (if not restricted).

Eligible employees and their families are covered by medical, dental, and vision insurance which covers pre-existing conditions. There are various medical plan options to choose from?either managed care plans or preferred provider plans. Dental premiums are fully paid by the employer.

The average SSDI payment in Washington is $1,371.51 per month. The average SSI payment is $638.93 per month. What you'll earn is dependent on your income, or the amount you've historically paid into the Social Security program. Read more on what amount you can expect.

Washington State has no income tax. That means income from Social Security, pensions and retirement accounts is all tax-free in Washington. Sales tax rates are quite high and property tax rates are about average. To find a financial advisor who serves your area, try our free online matching tool.

An individual must be unable to engage in any substantial gainful work activity because of a medically determinable physical or mental impairment which is expected to last for 12 continuous months or result in death.

Short-term disability insurance (STD) pays your employees a percentage of their salary if they are unable to work for a short period of time due to sickness or off the job injury. Private Short Term Disability typically pays any remaining amounts after the Washington Paid Family Medical Leave Benefit.

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Washington Short-Term Incentive Plan