The Dover Motorsports family of companies is pleased to offer a highly competitive employee benefit program that ensures ongoing protection and peace of mind for our employees and their families. After completing 90 days of employment, full-time regular employees are eligible to participate in most of our benefits programs and part-time regular employees are eligible to participate in some of our benefits programs. The information listed below is a brief overview of the benefits available to employees who meet this criterion:
Medical/Vision/Dental/Prescription Insurance Package
We offer a comprehensive health benefits package to employees to protect their well-being. This package offers both preventative and illness/accident related health care coverage. Our “Options Discount Program” offers discounted rates for popular health and wellness services that are not covered under the health benefits package such as Acupuncture, Massage Therapy, Nutrition Counseling, Personal Training and Laser Vision Correction services.
Life and Accidental Death and Dismemberment Insurance
Basic Life Insurance is provided at no cost to our employees to help provide financial protection in the event of a tragedy. Employees are also eligible to elect supplemental life and accidental insurance for themselves and their eligible dependents.
Short-term and Long-term Disability Plans are provided at no cost to protect eligible employees’ income while recovering from illness or injury.
401(k) Retirement Savings Plan
We offer employees (full-time regular and part-time regular) the opportunity to build a financial reserve for retirement by electing to deduct pre-tax dollars and place them in a 401(k) savings plan. New employees who have participated in their former employer’s 401(k) savings plan may rollover their savings into the Dover Motorsports, Inc. 401(k) savings plan.
Our pension plan provides a source of retirement income for our employees (full-time regular and part-time regular) to supplement other sources of retirement income. The pension plan is fully funded and employees are not required to make any monetary contributions to it.
Health Care and Dependent Care Flexible Spending Accounts
Our healthcare Flexible Spending Account (FSA) enables employees to contribute up to $3,000 before-tax dollars to an account used to pay for eligible healthcare expenses. Reimbursements are tax-free. Our Dependent Care FSA enables employees to contribute up to $5,000.00 before-tax dollars to an account used to pay for eligible dependent care expenses. Reimbursements are also tax-free. Employees are eligible to enroll in these programs during the first open-enrollment period after employment begins.
Employee Assistance Program
Our confidential Employee Assistance Program provides confidential counseling and referral services to assist employees and their family members in dealing with personal problems.
Full-time regular employees who have completed at least one year of employment are eligible to participate in our tuition assistance program. We will pay 50% of tuition and regular administrative fees for pre-approved courses offered for credit by accredited institutions of learning that the employee completes with a final grade of a “C” or better.
Vacations and Holidays
Full-time regular employees are eligible to accrue vacation based on length of employment. The company recognizes the following paid holidays:
- New Year’s Day
- Memorial Day
- Independence Day
- Labor Day
- Thanksgiving Day
- Christmas Day
- One additional “floating” holiday
- Sick Leave and Leaves of Absence
Full-time regular employees accrue sick time after 90 days of continuous employment. Approved leaves of absence are available for bereavement, jury duty and FMLA.