Overtime is sometimes necessary as business needs arise, and you may be scheduled to cover operations during these occasions. Any overtime should be authorized in advance by an employee’s supervisor or manager. Non-exempt employees will be paid overtime in accordance with Federal law at time and one-half for all hours worked over 40 during a pay week. Paid time off hours, such as vacation time, are provided by the company as a benefit and are not credited as time worked in calculating overtime payment during a pay week.

The first day you report to work is your hire date and anniversary date. This date is used to compute eligibility for your various benefits and length of service with the company.

Your hire date will not change unless you leave the company. If you are subsequently rehired, your time of previous employment will be credited as time of total service for various benefit calculation purposes.

Discretionary Bonus

ACST’s Bonus Plan is designed to provide incentive compensation for all eligible employees.

The amount of the bonus pool is based on the current year's company profits. Each eligible employee’s bonus is computed as a percentage of base salary as of December 1st. Bonus payments will be made in December of the current year. The payment will be taxed at the current state, FICA, and federal rates. The Bonus Plan is provided at ACST’s discretion. ACST reserves the right to administer, modify, or terminate the Plan with or without notice.

Discretionary Bonus Eligibility

Employees eligible for bonuses are those who:

1) complete the entire annual cycle noted above,

2) have not been placed on probation during the prior annual cycle, and

3) are not working a notice of resignation.

Part time employees who are scheduled to work twenty or more hours per week are also eligible to participate under this policy. Temporary or Limited Part Time scheduled employees, regardless of the number of hours worked, are not eligible to participate.

Anniversary Bonus

In recognition of the contributions longer-service employees have provided over time, the company has implemented the Anniversary Bonus Program under the terms of this policy.

ACST’s anniversary bonus policy operates on an anniversary date basis. At the commencement of each month, the company will issue anniversary checks at the rate of $100 per year of employment to each employee celebrating their anniversary that month. Anniversary checks will be given to employees at our monthly anniversary luncheon.

Anniversary Bonus Eligibility

Employees eligible for bonuses are those who:

1) complete the entire annual cycle noted above,

2) have not been placed on probation during the prior annual cycle, and

3) are not working a notice of resignation. Regular Part time employees who are scheduled to work twenty or more hours per week are also eligible to participate under this policy. Temporary or Limited Part Time scheduled employees, regardless of the number of hours worked, are not eligible to participate.

Tax Considerations

Anniversary bonuses are considered to be taxable income to the employee and must be added to the employee’s compensation in the year in which they are awarded. In view of this, the company, as an additional retention incentive, will provide a “gross up” to retention bonuses so that employees will receive the annual amount indicated above after taxes.