Our Associates deserve a benefits package that works just as hard as they do.
We’re delighted that you’re considering becoming a Lennar Associate. Lennar values the hard work of Associates, who are a vital part of the organization. All regular full-time associates working a minimum of 30 hours per week are eligible for coverage on the first day of the month following one full month of employment. The following information is meant to highlight benefits offered to Associates. Once you receive your enrollment package, you will have more details about specific plans.
Paid time off
Full-time regular associates begin to accrue vacation time from the first day of employment and vacation time accrues each pay period throughout the year. Full-time regular associates are also allotted personal days and paid sick leave. Lennar publishes a Paid Holiday Schedule each year, taking into account ten paid holidays, including New Year's Day, Memorial Day, Thanksgiving and Christmas.
All Lennar associates who have reached the minimum age requirement (18) are eligible to enroll in the 401(k) plan, administered by Prudential. Lennar provides company match on pre-tax contributions. Associates vest 20% for every calendar year in which they work a minimum of 1,000 hours, up to a maximum vesting percentage of 100%. Lennar has an array of investment and contribution sources from which to choose.
Lennar offers various medical plan options depending on your geographic location, all administered by CIGNA Healthcare. The costs of the plans are shared by the company. Medical enrollees are automatically enrolled in prescription drug coverage operated by Medco.
Lennar offers a low option and a high option dental plan, both provided by MetLife, with in and out-of-network coverage. If you seek care from contracted dental providers you receive a higher level of benefit. The plans do not require the use of a network provider. The costs of the plans are shared by the company.
Lennar offers a low option and a high option vision plan, both provided by Ameritas, with in and out-of-network coverage. In-network coverage is provided by facilities such as Target, Sears, JC Penney and Pearle Vision Centers as well as some independent operators. The out-of-network coverage is through a reimbursement program and is very limited.
Lennar provides all benefit-eligible associates with Basic Life Insurance at one time their annual earnings. The cost for this program is based on your salary and is entirely paid for by the company. Associates also have the options of enrolling in additional life insurance for yourself, spouse or children.
"Associates may also take advantage of special incentives on the purchase of their own new Lennar home."
New Home Benefits
Do you have friends or family members looking for a new home? Associates may receive a referral fee at the close of escrow if they refer a NEW first time visitor to a Lennar community. Associates may also take advantage of special incentives on the purchase of their own new Lennar home.
Eligible associates may receive mortgage and title benefits through one of Lennar’s subsidiary companies: Eagle Home Mortgage and North American Title Corporation. These benefits vary and are not available in all areas of the country.
MetLife Auto & Home is a voluntary group auto and home benefit program that provides associates with access to insurance coverage for their personal insurance needs. With these options, insurance premiums are spread throughout the policy term with (in some instances) no down payments, interest charges or service fees.
Bank of America at Work
Lennar has partnered with Bank of America to offer a special banking benefit program that includes discounts on checking options, direct deposit of paychecks, interest rate bonuses on CDs and IRs, discounts on loans and no-fee American Express Travelers Cheques.
Benefits are subject to change and may vary by location. Subject to eligibility requirements.
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