Confirming Tax Abatement - 3445 William Richardson Drive - Jade Elephant Holding, LLC ( Lake Michigan Mailer, Inc)

Home Browse Search

12.The projected annual salaries for each new position indicated above are estimated to be as follows (If more space is needed, please attach a separate sheet): Pending the granting of the tax abatement, LMM anticipates creating the positions detailed below at the South Bend facility. While full-time positions offer a more robust benefits package than that of part-time positions, LMM typically does not pay a different hourly rate for part-time positions versus similarly classified full-time positions. In short, the only variable in annual costs for such differential is the total number of hours worked. In the projection below, apart-time position is based on 25 hours per work week. The "Mail Processor -Route Driver" position offers atwo-tier hourly rate; a Mail Processor wage and a Route Driver wage. The estimation below assumes a properly qualified/experienced individual following LMM-provided training for specific menu of responsibilities. All positions will be created based on business growth and market demands. LMM is an Equal Opportunity Employer. The dollar values include LMM's guaranteed contribution to the associate's 401(k) plan once plan requirements are satisfied; holiday pay and vacation pay. The dollar values exclude LMM's contribution to the associate's medical insurance premium, life insurance premium, as well as, hazardous-duty pay, incentive pay including commissions and production bonuses, on-call pay and tips, back pay, jury duty pay, overtime pay, severance pay, shift differentials, non-production bonuses, and tuition reimbursements. • Team Leader (Full-Time): $35,000.00 • Lead Operator - MLOCR (Full-Time): $28,000.00 • Mail Processor (Part-Time): $12,300.00 • Mail Processor -Route Driver (Full-Time): $21,800.00 • Account Executive (Full-Time): $40,000.00 6 (Rev 12/29/06)