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BENEFITS

Benefits for work, for play, for life.

The benefits described below are included in the Hines U.S.- based benefit program. The benefit programs for Hines employees of international offices will follow the accepted practices of those countries.

401(k) Plan

Employees are eligible to contribute 1-65 percent of their compensation to the 401(k) Plan. Hines matches employee contributions dollar for dollar up to 6 percent per pay period to a maximum of $7,500 annually with immediate vesting. Eligible employees are automatically enrolled to contribute 6 percent before-tax to their 401(k) account each pay period that is invested in the T. Rowe Price Retirement Fund closest to the year the employee will turn age 65.  Employees can elect to make Roth after-tax contributions, change the salary deferral amount, investment selection, or decline participation in the Plan.

Accidental Death and Dismemberment Insurance

Employees may elect accidental death and dismemberment coverage for themselves and dependents.

Adoption Benefit

After one year of service, Hines will reimburse employees up to $2,000 for eligible adoption expenses incurred.

Basic Life Insurance

Hines provides employee life coverage in the amount of 1 x base salary up to $500,000.

Benefits Advocate Program

Hines provides dedicated individuals to give employees and their families a higher level of service when utilizing the benefit plans. Benefits Advocates help employees and their families understand the Hines benefit plans by explaining the coverage, assisting with communications received from benefit providers and working directly with the benefit providers to resolve issues as needed.

Business Travel Accident Insurance

Hines provides coverage for employees who are required to travel on company business outside of their municipal work area. This coverage provides an accidental death and dismemberment benefit.

Discounted Banking

Hines partners with local banks to provide discounted bank accounts and services.

Dependent Care Reimbursement Account

Employees may set aside up to $5,000 on a pre-tax basis to cover daycare expenses for tax-qualified dependents.

Educational Reimbursement Program

To help employees meet their personal and educational development goals, Hines reimburses employees for courses deemed beneficial to the employee's career at Hines, to a maximum of $4,000 incurred in each calendar year.

Employee Assistance Program

The EAP is a confidential consultation program designed to help employees and members of their households resolve personal issues. The company provides 8 visits per type of issue annually. Employees may contact the EAP online or by phone for support regarding emotional well-being, health and wellness, daily living, life events and more.

Employee Referral Bonus Program

This program pays employees a bonus if they refer applicants who are hired for positions within the company. Referral bonuses are paid after an employee completes 6 months of service.

Health Care Reimbursement Account

Employees may set aside up to $2,500 on a pre-tax basis to cover expenses that are not covered under the medical, dental or vision plans for themselves and their tax-qualified dependents.

Holiday Observance

Hines observes nine holidays per year, and every employee has two floating holidays that may be used during the calendar year.

Long-Term Disability Insurance

Hines provides coverage that will replace up to 60 percent of base salary for qualified disabilities exceeding 180 days.

Medical, Dental and Vision Plan

Hines offers medical, dental, vision, behavioral health and prescription drug benefits to qualified employees, dependents and domestic partners.

Short-Term Disability Policy

Hines provides coverage to pay 100 percent of base salary for the first 56 days, and 70 percent of base salary for days 57 through 90 of a qualified disability.

Vacation

 

Annual vacation days are accrued monthly based on tenure as follows:
Years of Service

Maximum Annual

Vacation Accrual

Maximum Monthly Vacation Accural
During first two years 80 hours (10 days) 6.66 hours
After the completion of:    
2 - 4 years 120 hours (15 days) 10 hours
5 - 9 years 160 hours (20 days) 13.33 hours
10 - 19 years 200 hours (25 days) 16.66 hours
20 or more years
240 hours (30 days) 20 hours
5 bonus days during 25th, 30th, 35th and 40th anniversary years

 

Voluntary Life Insurance

Employees may elect additional life insurance coverage from 1 to 3 x base salary up to $500,000. Spouse life coverage may be elected up to $100,000, and $10,000 life coverage is available per child.

Wellness Benefits

Hines wants their employees to be the healthiest they can be. All non-union employees and their spouses are eligible for the myWellness Program, regardless of health plan participation. Hines partners with Vitality to provide a comprehensive, interactive and personalized wellness program that makes it easy to live a healthy life.

Additionally, the Hines medical and dental plans provide preventative benefits at no charge. Services include well-child exams and immunizations, annual well-woman exams, annual prostate exams, routine physicals, annual flu shots, baseline and routine mammograms and semi-annual dental cleanings.

 

Copyright © 2001-2014 Hines. All rights reserved. Hines and the Hines logo are registered trademarks of Hines.

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Copyright © 2001-2013 Hines Interests Limited Partnership. All rights reserved. Hines and the Hines logo are registered trademarks of Hines Interests Limited Partnership.