File Name: Eligibility Quick Reference Guide.pdf
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Are You Eligible for the EMPLOYEE PURCHASING PROGRAM? Start Here Does the State entity you work for Yes No administer payroll in TeamWorks? Yes Are you at least 18 years old? No Have you been on the State’s payroll Yes No for 12 consecutive months? IneligibleEligible Are you scheduled to work at least 30 Yes No hours per week? Do you receive pay on a semi-monthly Yes No or monthly pay frequency? Do you earn a salary of at least Yes No $16,000 annualized?
EMPLOYEE PURCHASING PROGRAM? Are You Eligible for the Start Here Does the State entity you work for administer payroll in TeamWorks? Are you at least 18 years old?
Employee purchase programs: With this program, employees can purchase products and services on an interest-free basis through payroll deduction. This type of purchasing program gives employees access to thousands of products, vacation packages and services.
Input your corporate email address and we'll send an email to your corporate inbox to verify program eligibility. Make use of exclusive employee benefits in the Corporate Employee Purchase Program. Received Access Code? Who is eligible to access the Corporate Employee Purchase Program?
Organizational employees must first be eligible to participate in employee stock purchase plans. Listed below are some of the restrictions regarding eligibility. Cannot participate in an ESPP if an employee owns more than 5% of the company’s stock. Must be employed with the company for a specific period of time. (e.g., 1 to 2 years).
If you are considering expanding on the benefits that you currently offer your employees, an employee purchasing plan may be a great solution. These programs give employees a cost-effective alternative to other purchase plans and can make companies more appealing to candidates during the recruiting process.