Enterprise Rent-A-Car IS Careers : Benefits : Finance


		The Enterprise Rent-A-Car Retirement Savings Plan is open to all full-time and part-time employees and includes a 401(k) account with a company match of employee deferrals up to 3% of compensation and a profit sharing account. Once enrolled, participation in the 401(k) account begins on the first day of the third month of employment, and all employees who complete one year of continuous service are eligible to receive a contribution to their Profit Sharing account.

		Over the past several decades, Enterprise has been very successful thanks to the dedication and talent of its employees. In 1974, we started a Profit Sharing Plan to allow our employees an even greater opportunity to share in our success. The primary purpose of this plan is to help you build retirement income. Participation in the Enterprise Rent-A-Car Company Profit Sharing Plan is automatic and employees are not required or permitted to contribute personal funds to the plan.

With a little planning, employees taking advantage of this program can reduce their taxes and increase their spendable income. You can set aside a portion of your earnings on a pre-tax basis in order to claim reimbursements for qualifying dependent care and health care expenses which are not otherwise reimbursed.

Dependent Care Spending Account (DCSA)
One of the largest expenses for many families is dependent care. This includes day care, after school care, elder care, and care in your home. The DCSA lets you set aside pre-tax dollars to pay for eligible dependent care expenses and offers potential for significant tax savings.

Health Care Spending Account (HCSA)
An excellent way to fund predictable, out-of-pocket medical expenses. The HCSA allows the use of pre-tax dollars to pay for medical, dental, vision and hearing expenses such as copays, deductibles, coinsurance, eye glasses/contacts and orthodontia.

		Enterprise provides, at no cost to you, basic life insurance coverage equal to 1.5 times your annual pay. In addition to the basic life benefit, you may elect as a voluntary program through payroll deduction, to purchase additional life insurance for yourself or coverage for your spouse or children.

		Long-term disability (LTD) coverage is designed to provide a portion of your income if you are disabled and can no longer work. Enterprise pays the full cost of this benefit by paying premiums to the insurance carrier. LTD benefits begin after 90 days of disability and you receive 60% of your monthly pre-disability pay.