Maymead is very committed to developing and promoting employees from within the organization. Growth and change, however, sometimes dictate the need to look outside the organization. Maymead offers several attractive benefits in the hopes of keeping and attracting better people. Maymead realizes that better people are those who think about themselves and their tomorrow. These are the same people who care about more than just themselves and who cooperate. If you feel you are this type person, please review what we have to offer and fill out an application if interested.
Maymead offers a 401K plan utilizing the American Funds products. There are 11 different investment products to choose from ranging from the very conservative to the fairly aggressive. The plan is self-directed and participants have access to a web page whereby they can change their current investment elections and/or change their future payroll deduction electives.
Our Health Care provider is Blue Cross Blue Shield of Tennessee. There are prescription card benefits as well. The employee's health care, for the most part, is paid for by Maymead and family coverage is available through our 125S deduction program.
Maymead provides its employees with two life insurance policies. One pays 1 1/2 times one's annual salary and the other is a set amount depending on one's function. Our life insurance providers are Met-Life and Jefferson Pilot.
125S Cafeteria Plan
We offer family health care insurance, dental insurance, certain cancer insurances, and disability insurance all under the 125S or Cafeteria Plan which means your premiums are made pretax. Phrased another way, your payroll deductions reduce your taxable gross when Federal withholding and state withholding taxes are calculated.