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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% of their compensation to the 401(k) Plan. Hines matches employee contributions dollar for dollar up to 6% per pay period to a maximum of $5,000 annually with immediate vesting. Eligible employees are automatically enrolled to contribute 3% 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 up to $500,000.

Adoption Benefit

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

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.

Credit Union Membership

Hines employees may become members of Smart Financial Credit Union with a $5 minimum deposit.

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 three 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 and bonus amounts vary by region.

Health Care Reimbursement Account

Employees may set aside up to $5,000 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 eight 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 90 days, and 80 percent of base salary for the second 90 days of a qualified disability.

Vacation

Vacation days are awarded on service anniversary dates as follows:
During first year 10 days*
1 year of service 10 days
2-4 years of service 15 days
5-9 years of service 20 days
10-19 years of service 25 days
20 or more years of service
30 days
5 bonus days awarded on 25th, 30th, 35th and 40th anniversaries
*Accrued at 1 day/month, not to exceed 10 days

Voluntary Life Insurance

Employees may elect additional life 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

Wellness benefits are provided through the medical plan. Included are well child exams and immunizations, annual well woman exam, annual prostate exam, routine physicals, annual flu shots and baseline and routine mammograms.

 

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Hines and the Hines logo are registered trademarks of Hines Interests Limited Partnership.
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Copyright © 2001-2007 Hines Interests Limited Partnership. All rights reserved. Hines and the Hines logo are registered trademarks of Hines Interests Limited Partnership.