Company Overview
- Founded in 1963, Pamida is a mass merchandise retailer operating over 223 stores in 16 Midwestern, North Central and Rocky Mountain states.
- In July of 1999, Pamida was acquired by Shopko Stores, Inc., a highly successful discount retailer based in Green Bay, Wisconsin.
- Pamida’s operating strategy is focused on small rural communities where it can be the principal mass merchandise retailer. Approximately 92% of the stores operate in markets with trade populations under 29,000.
- Approximately 23% of sales are derived from Softlines merchandise (men’s, women’s and children’s apparel, and jewelry and accessories), the balance, or 77%, are derived from Hardlines merchandise (toys, home furnishings, housewares, stationary, domestics, seasonal, etc.). Additionally, the Company currently operates over 87 in-store pharmacies.
PAMIDA BENEFIT PROGRAM
Major Medical Coverage Options
- Our health insurance provider is Mutual of Omaha - team members can select from four different PPO plans
- Coverage is effective the first of the month following 60 days of employmnet
- Preventative Services No deductible
- Basic Services Deductible applies
- 80% payment on basic restorative services and 50% payment on major restorative services
- Coverage is effective the first of the month following 60 days of employment
- Full-time exempt and non-exempt team members are eligible
- The STD plan for exempt team members is self funded and requires no waiting period
- Non-exempt team members have a choice of two coverage options. The first option is free!
- Benefits commence 6 months after a qualifying disability
- 60% of your regular monthly earnings
- Must work 30 or more hours/week
- Non-exempt effective first of the month following 90 days of employment
- Exempt effective immediately upon hire
- Full time non-exempt receive $20,000 for a nominal fee
- Exempt receive $50,000 for a nominal fee
- Team members will be automatically enrolled in basic life
- May select amount based on one, two or three times basic life without medical evidence; you may select additional amounts up to 5 times basic with approval determined by the insurance company
- Non-exempt and exempt effective first of the month following 60 days of employment
- Plan A ($2000 child--$5000 spouse)
- Plan B ($4000 child--$10000 spouse)
- Plan C ($8000 child--$20000 spouse)
-
All fulltime team members accrue vacation (paid time off) according to
your length of service:
- 2 weeks after 1 year
- 3 weeks after 5 years
- 4 weeks after14 years
- 5 weeks after 20 years
-
Paid holidays observed are as follows:
- New Years Day
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day
- Christmas Day
- Absence due to a death in employee’s immediate family will be excused and paid up to a maximum of 5 business days.
- Absence of up to 1 day to attend a funeral of a relative not in the immediate family (as defined by Pamida policy) will be granted and paid as an excused absence.
- You will be paid the difference between your jury duty or election pay and regular pay.
- Eligible to participate after 90 days of service, provided you are at least 20 years of age.
- Pamida matches 100% of the 1st 3% and 50% of the next 2% of earnings after one year of service.
- Money may be invested in one or more of 5 investment funds.
- Eligible to participate in the First Nebraska Credit Union upon hire.
- A payroll deduction in the amount you choose will be automatically sent to the credit union.
- Two reimbursement plans are available Medical and Dependent Care
- Full and part-time employees with 3 months of service eligible
- Annual enrollment period
- Deductions are on a pre-tax basis which is a savings to you as an employee
- 15% discount allowed on purchases, including clearance, sale-priced and promotional items, that are in excess of $2. Some items are excluded for the discount.
- Team member stock purchase plan is to provide team members a convenient and inexpensive way to purchase and sell shares of ShopKo Store, Inc.
- Profit sharing is also available. Payout potential will be Spring of 2004.
- Education that is directly related to a team members career path with Pamida
- All full-time employees are eligible for tuition assistance after a minimum of one year of service.
- Pamida will pay 75% of the approved costs upon successful completion of the approved course.
- On-site fitness facility
This outline of benefits is not an insurance certificate or an insurance
policy. All employees enrolled in the Medical Insurance Plan will
receive a booklet outlining the benefits in greater detail. The exact
contract provisions will be contained in the booklet.
