At HSN, Inc. our people are key to the success of our company in everything we do. That's why we've designed a competitive benefits program - to support and to enrich the lives of the people who make our company successful. The HSN, Inc Health and Welfare Benefits Plan allows you to choose the plans and the coverage that are just right for your own situation.
Full-time regular employees scheduled to work at least 30 hours per week are eligible to participate in health and insurance benefits. You can also enroll your spouse, same or opposite sex domestic partner, and dependent children/ domestic partner's dependent children up to age 19 or age 25 if a full-time student. All full-time and part-time employees are eligible to participate in the HSN, Inc. Retirement Savings Plan after meeting a 90 day waiting period.
Benefits AT A GLANCE
savings and retirement
The HSN, Inc. Retirement Savings Plan - a 401(k) plan - lets you defer as much as 50% of your annual pay on a pre-tax basis or up to 10% on an after-tax basis. You may also choose to make Roth 401(k) contributions. These contributions will be withheld on an after-tax basis and contributions and earnings will grow tax-free. After meeting a 90-day eligibility requirement, you will automatically be enrolled in the plan at a 3% pre-tax level and the company will match 25 cents for every dollar that you contribute up to 6%.
Medical: HSN, Inc. offers an HMO style plan, a PPO style plan and a high deductible health plan with a health savings account.
Dental: HSN, Inc. offers a DMO and a DPO dental plan.
Vision: HSN, Inc. offers a vision care plan that covers an annual eye exam, lenses, frames and contact lenses every 12 months, plus discounts on a range of additional services including laser vision correction.
Life Insurance: HSN, Inc. provides life insurance equal to 1.5 times your annual salary, up to $500,000, at no cost to you. Additional coverage is available from one to seven times your annual salary up to $1.5 million at attractive group rates. Coverage is also available for spouse, domestic partner, and/or eligible children.
Supplemental Group Life Insurance: You may purchase supplemental life insurance up to seven times your annual base salary, to a maximum of $1,500,000. You may be required to complete an Evidence of Insurability Form if you exceed the guaranteed issue amount of 3 times annual earnings to a maximum of $750,000.
Dependent Life Insurance: You may purchase dependent life insurance for your spouse/domestic partner and/or eligible children. You have the option to elect $25,000, $50,000, 100,000, $200,000, $300,000, $400,000 or $500,000 in coverage for a spouse/domestic partner. You also have the option to elect $5,000, $10,000 or $15,000 in coverage for a child. Note: For children from live birth to 6 months, coverage will be $500, $1,000 or $1,500.
Accidental Death & Dismemberment Insurance: This is a Company paid benefit that provides coverage equal to one and half times your annual base salary if your death results from an accident.
Voluntary Accidental Death & Dismemberment Insurance: You may purchase additional AD&D coverage for the loss of life, limb, speech or hearing when caused by an accident. You may select coverage for employee only, spouse/domestic partner or child(ren) up to seven times your annual salary.
Disability: After one week's absence, short-term disability covers you for lost income for up to 26 weeks of illness. If you are unable to work after 26 weeks, long-term disability coverage becomes payable. Coverage can equal as much as 60% of your annual pre-disability salary and is provided at no cost to you.
Employee Stock Purchase Plan (ESPP):
Employees have the opportunity to invest and become “owners” in HSNi by purchasing HSNi common stock through the ease of payroll deductions. All HSNi employees are eligible if, at the beginning of the contribution period, you have been employed for at least 90 days, work at least 20 hours per week, and work more than 5 months per year. The stock is offered at a discount of 15% to the Fair Market Value and is purchased at the end of a six month contribution period. Enrollment is held twice a year for the (2) six month contribution periods and employees may elect a deduction percentage between 1% and 15%.
Flexible Spending Accounts (FSA):
These accounts allow you to set aside up to $5,000 annually in pre-tax contributions. The Health Care FSA covers medical expenses not covered by your regular medical plan (copayments, deductibles, etc.) as well as selected over-the-counter preparations. The Dependent Care FSA covers qualified child and elder care expenses.
Employee Assistance Program:
The EAP offers confidential counseling to eligible employees and their dependents plus a dependent care referral service.
The Group Legal Plan provides coverage for important legal expenses such as adoption, divorce, wills and bankruptcy.
For a low monthly cost, you can receive discounts on pet care services as well as access to a pet locator service.
Group Auto and Property Insurance:
You can receive discounted group rates on homeowner’s, renter’s, auto and property insurance. Premiums are paid through convenient payroll deductions.