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Why Work at TFS?
| Company Benefits | Diversity | Community Care | Environment
Company Benefits
At Toyota Financial Services, our associates drive the organization's growth and success. We reward both individual and organizational results with well-balanced compensation, benefits and perquisite programs. Many of our options can be tailored to suit your lifestyle and will help you reach your goals at every turn of your career.
Health
Medical Insurance*
- Associate coverage company paid; cost sharing for dependent coverage
- Indemnity, PPO, and HMO options where available
- All plans include prescription drug benefit
- Health care flexible spending account available
Dental Insurance* - Company paid
- Indemnity or DHMO coverage
Vision Insurance* - Company paid
- Lenses every year, frames every two years
- Annual exams covered
Work/Life
Dependent Care Reimbursement Account
- Pre-tax flexible spending account available for eligible dependent care expenses
LifeCare Resources and Referral* - Company paid
- Topics include: prenatal care, adoption, child care, schools, emergency care, special needs, summer care, colleges and adult care
Associate Support and Assistance Program* - Provides free confidential assessment and referral assistance
- Available for both personal and work-related issues
Adoption Assistance Program* - Provides assistance with certain expenses related to the adoption of a child
Flextime & Alternative Work Schedules - Ability to begin workday between the hours of 7:00- 9:30 a.m. (subject to business need)
- 9/80 alternative schedule: work 80 hours over 9 days with the tenth day off (alternating Fridays)
Fitness Center Discount Program* - Subsidized fitness club memberships with select providers
- Discounted rates for eligible family members
Cars
Toyota and Lexus Vehicle Lease*
- Eligible on date of hire
- Includes insurance, registration, and maintenance
Toyota and Lexus Vehicle and Parts Purchase* - Available to associates and eligible family members
Development and Training
Educational Assistance*
- Job-related courses or courses leading toward a degree, starting on or after date of hire
- Public Institutions: 100% up to $425 per course, then 50% of the remaining cost
- Private Institutions: 100% up to $425 per course, then 25% of the remaining cost
- Book allowance: $100 per course
Career Management*
- University of Toyota
- Performance Feedback and Coaching
Time Off
Vacation
- Accrual begins on date of hire
- Vacation may be taken after six months of employment
- Accrual proportionate to length of service, subject to approval
Holidays* - Up to thirteen paid holidays per year
Leaves of Absence - Family and medical leaves
- Military leaves
Income Continuation
Short Term Disability*
Long Term Disability - Eligible after 60 days of employment
- Company paid
- Begins after 12 months of continuous total disability
- Supplemental coverage available
Life Insurance* - Company paid Basic Life and AD&D Insurance
- Additional associate and dependent coverage available
Long Term Care
- Associate-paid
- Provides coverage for care not covered by medical or disability plans, such as nursing home or home care services
- Guaranteed issue within 90 days of hire
Retirement
401K Savings Plan*
- Company matches 66 2/3 % of the first 6% contributed
- Multiple investment options
- Four year vesting schedule
- Rollovers from qualified plans accepted
Pension Plan* - Fully funded by Toyota Motor Sales U.S.A., Inc., Five year vesting schedule
- Normal retirement age = 62 with at least five years of service (reduced 5% per year)
* Associates are eligible for these benefits on date of hire.
This information is accurate as of the date published. Toyota reserves the right to modify or withdraw any or all components of the company's benefit plans at the sole discretion of management. Although associates will be notified in advance where possible, any such changes may occur with or without notice. The information contained herein does not guarantee employment, and does not modify or alter the at-will nature of every associate's employment or any of the Company's employment practices or policies. Toyota is an equal opportunity employer dedicated to workforce diversity.
Toyota Financial Services is a service mark used by Toyota Motor Credit Corporation and Toyota Motor Insurance Services, Inc.
This information is only intended to be a summary of Toyota's benefits and does not contain all information regarding policy provisions.
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