Sears Responds to the Needs of Deployed Associates
Sears has once again extended the time period for its military pay differential and benefits continuation policy.
Sears salaried and full-time associates who have been called to active duty since September 11, 2001, are now eligible for continuing pay and benefits for up to 60 months, an increase from the previous 36-month policy.
Under the policy, Sears pays the difference between the associate’s Sears pay and military pay. Sears military absentees can continue to participate in the company’s life insurance, medical and dental programs for themselves and their dependents for up to five years. While deployed, associates are also eligible for annual merit increases, incentive pay and stock options. The company also will hold a comparable position for up to five years.
As an employer, Sears has been recognized for its generous military leave policy. By law, companies are required to provide deployed employees access to 18 months of continued medical coverage at the employee’s expense. Sears’ policy goes well beyond the law’s requirements and is part of its long-time historical support of the military. As far back as 1917, Sears records reflect that associates were paid their normal wages when they were absent on military duty during certain military engagements.
Cf. Sears Policy
I recently became aware of Sears policy from a friend's email. By shopping at this establishment Americans can practically, and helpfully, support service personnel which sounds like a great idea to me.