New Employee Retention Bonus program details:

Payout Schedule:

• A New Employee becomes eligible for Retention and Training bonuses, equaling $2,000 at employment anniversaries:

o   $250 retention bonus                             =      30th day of employment  

o   $250 retention bonus                           =      60th day of employment  

o   $500 retention bonus and Training Bonus     =       6 Month of employment   

o   $1000 retention bonus and Training Bonus   =      (1) year of employment    

Full time positions eligible for this program:

• Ready Mix Driver
• Fleet Mechanic

Who’s eligible and program guidelines:

• All newly hired full time employees hired into an eligible position. Individuals hired into Part-time and on-demand positions are not eligible.
• Rehired employees that are “bridged” to a previous date of hire are not eligible.
• For a Rehired employee to be eligible for the New Hire Retention Bonus, the employee must:

o   Have a new Hire date that reflects the most recent date of hire.

o   Not have received a New Hire Retention bonus payment in the past 12 months. 

o   Have received $1000 or less in New Hire Retention bonus payments during their total employment with Argos USA.   

• If an employee is off of work on leave of Absence at the time of a designated retention pay-out period; payment will be withheld until the employee returns to work.

Who’s eligible for the Referral Bonus Program and program guidelines? 

• Salaried Operations personnel may be considered eligible for the Referral Bonus following a review of the proactive actions taken by the referring employee to “recruit” the candidate and provided the candidate follows the area recruiter/existing hiring protocols. The review, to determine eligibility, will be conducted on a case-by-case basis by the Division/General Manager and Human Resources.
• An Argos employee is only eligible when they refer a candidate for an eligible position, who is hired.  No other positions, Part-time or on demand ready mix truck drivers; will qualify the referring employee for bonus payment.
• A referral bonus will only be paid to the referring employee if the “referred” employee is eligible for the retention bonus.
• If the referring employee is off work on leave of Absence at the time of a designated pay-out period; payment will be withheld until the employee returns to work.

Process for tracking and payment:

• HR Administration records the new employee’s date of hire and tracks the 30 day, 60 day, 6 month and 1 year anniversary dates.
• Once the employee surpasses each of the employment milestones; HR Administration emails the employee’s manager and/or Area HR Manager to determine if the employee is eligible for payment. 
• If the employee is deemed eligible; HR Administration will forward the necessary paperwork to Payroll for payment.

Ready Mix Driver Referral Bonus program details:

This program is designed to reward employees, up to $1000, who refer candidates hired into eligible positions and stay with Argos.

At different Milestones the new employee meets, the referring employee becomes eligible for a bonus.

o   $100 Referral / Lead bonus                       =      30th day of employment  

o   $400 Referral bonus                            =      60th day of employment  

o   $500 Referral bonus                                =      (1) year of employment   

Process for tracking and payment:

• HR Administration records the referred employee’s date of hire and tracks the 30 day, 60 day and 1 year anniversary dates.
• Once the referred employee surpasses either the 60 day employment period and /or the 1 year anniversary, HR Administration emails the referred employee’s HR Manager to determine if the referred employee is eligible for the retention payment. 
• If the referred employee is deemed eligible, HR Administration will forward the necessary paperwork to Payroll for payment of the referral bonus to the referring employee.