You’ve been told about the various team benefits at WORD but you want to know a little more about what these benefits look like in practice. Here is a breakdown of the benefits you receive at WORD and what it actually means!

9/80 Schedule

One benefit that sometimes needs a little more explanation is our 9/80 schedule. This schedule was born from our desire to give our team a little more work-life balance while still providing the best service to our customers. By implementing a 9/80 schedule our team can take every other Friday off (in alternating groups), while still working 80 hrs throughout a pay period. But how does it work? Well, by coming in at 7:30 am and taking a 30-minute lunch rather than an hour, you create an additional 8 working hours over the course of a 2-week period, and “voila!” you have a 3-day weekend every other week! Many of our team members take advantage of this day off to run errands, go to doctor’s appointments, or do other activities that they might otherwise have to take PTO hours to accomplish. If an occasion comes up that you need to take personal time on an alternative day of the week, this extra day also gives you a little more flexibility with your time.      

Free Lunch

At both our office and shop locations, we keep a fully stocked kitchen so that there is always something on hand whenever lunch and snack time roll around. Add your go-to items to the grocery list every other week and you never have to worry about packing your lunch while rushing out the door before work ever again!

Meat Lottery

Meat lottery? What the heck is a meat lottery?

Although it sounds odd (and just a little unappealing), “Meat Lottery” is the popular name for an occasion that happens around every 6 months at WORD. On these special occasions, the WORD team is gifted with the delivery of a whole cow to be spit amongst everyone! With every cut of the cow on the table (literally), an order is selected and everyone gets to pick their cut of choice to take home with them. Something that started as a simple way to help out a local farmer, has become an exciting tradition that the team looks forward to throughout the year.    

Monthly Educational Active Team Building Opportunities 

Activities our team can really sink their teeth into, EAT up the opportunities with our monthly Educational Active Team-building (EAT) outings. These monthly outings have included volunteering with Habitat for Humanity, Team golf lessons, an afternoon at the lake, and painting class. All fun and educational team-building activities to add a little change of pace to the month and give you the opportunity to learn a new skill or serve the community. 

Chaplain Services

As a faith-based company, we offer Chaplain Services to our team so that they have a familiar face, unattached to their daily life, that they can chat with if they ever need to. Our current chaplain, Greg, visits weekly and takes the time to speak with everyone even if only for a few minutes. We encourage everyone to take the time to talk with Greg, even if it’s just about your plans for the upcoming weekend!

Not quite sure what a Heath Savings Account (HSA) is? Looking for more information on how to get the most out of your HSA? Whether you are new to the WORD team or an old pro, it’s important to know how to get the most out of your HAS account!

What is an HSA account?

Let’s start with the basics, what is a Heath Savings Account (HSA)? An HSA is essentially a personal savings account that can be used to pay certain health care costs. This account allows you to make contributions and withdraws tax-free, as long as you use it for qualified medical expenses. To be eligible for an HSA you must be enrolled in a high deductible medical insurance plan, like what is provided at WORD Rock Drills. With a typical high deductible health plan, the monthly premium is lower, however, you pay more healthcare cost upfront before your insurance will kick in. 

What can I use my HSA account for?

Now that you know what an HSA account is, what can you use this money for? When you first get started at HSA Bank you will be issued a debit card for your HSA account. This debit card ties directly into the money you have contributed and the card can only be used for qualified medical expenses. There are a variety of medical expenses that fall under this umbrella. The most common expenses are listed below:

• Doctor’s office visits and co-pays
• Drug prescriptions
• Vaccines
• Over-the-Counter Medications
• Dental treatments (including X-rays, cleanings, fillings, sealants, braces, and tooth removals)
• Eyeglasses (Rx and reading)
• Ambulance
• Chiropractor

Find the FULL list of qualifying expenses HERE.

Can my family use my HAS account?

When setting up your HSA you have the option to choose an individual or family account. Choosing a family account allows you to contribute more money into the account each year tax-free while the individual contribution maximum is normally half of the family amount. Regardless of the status of your account, your HSA can be used to pay for qualifying medical expenses for your dependents. However, we would suggest that you set up your account as a family account if you intend to use it in this manner in order to maximize the value of the account. 

How can I contribute to my HSA?

Depending on the insurance plan you choose, WORD will contribute up to $— per month to your HSA account. If you choose to register your account as a family account, the WORD contribution will remain the same, however, you can increase your personal pre-tax contributions to have more available in the account to use on your dependents. The maximum contributions 2023 contributions for individuals is $3,850 and family is $7,750.