Professional Employee Compensation Plan Template

This Professional Employee Compensation Plan (PECP) document is a full boilerplate that is compliant with FAR Clause 52.222-46 Evaluation of Compensation for Professional Employees and with the Labor Laws and Compensation Policies of all 50 States. This FPEX Template includes full text for the following required sections:

• 1. INTRODUCTION
  2. RECRUITING AND RETENTION
  3. COMPENSATION PHILOSOPHY
  3.1. Compensation Plan
  3.2. Compensation Surveys And Studies
  3.3. Performance Review
  3.4. Reward And Recognition Plans
  3.5. Salary Rates And Ranges
  3.6. Overtime Compensation
  4. COMPLIANCE WITH THE SERVICE CONTRACT ACT
  5. FRINGE BENEFIT PLAN HIGHLIGHTS
  5.1. Medical Plans
  5.1.1. Base Medical Plan
  5.1.2. Mid Medical Plan
  5.1.3. Buy-Up Medical Plan Option
  5.1.4. Prescription Plan
  5.1.5. Vision Plan
  5.1.6. Dental Plan
  5.1.7. Life And AD&D Insurance
  5.1.8. Disability Insurance
  6. RETIREMENT BENEFITS
  7. TIME OFF
  7.1. Holidays
  7.2. Sick Leave
  7.3. Paid Time Off
  8. MISCELLANEOUS BENEFITS
  8.1. Jury Duty
  8.2. Bereavement Leave