1. About Your Pay & Benefits
At Consolidated Community Credit Union (CCCU), we believe employees should have clear information about how they are paid, the deductions and contributions that may appear on their pay statement, and the benefits available to them.
Compensation and benefits vary based on position, work location, employment status, eligibility, and individual benefit elections. Not every pay type, deduction, contribution, or benefit described below applies to every employee.
2. Pay Schedule
CCCU employees are paid biweekly (every two weeks).
Employees receive an itemized pay statement with each payment of wages. Your pay statement provides information about your earnings, applicable pay rates, taxes, deductions, contributions, and net pay.
3. Earnings
Regular & Time-Based Pay
- Regular – Your regular hourly wages or salary.
- Overtime – Overtime compensation for eligible non-exempt employees in accordance with applicable law.
- Double Time – Pay at twice the applicable rate when provided under CCCU policy or required by applicable law.
- Holiday Earnings – Pay for a CCCU-designated paid holiday, based on eligibility.
- Holiday Worked – Additional compensation provided to eligible employees who work onsite on a designated holiday.
- Inclement Weather – Pay provided in accordance with CCCU policy when operations close because of inclement weather.
- Inclement Weather Worked – Compensation for eligible employees required to work onsite during an inclement-weather closure. Employees who are able and expected to work remotely generally receive regular pay for hours worked. Applicable overtime requirements continue to apply.
- Jury Duty – Pay for approved jury-duty leave in accordance with CCCU policy.
- Volunteer – Pay for approved volunteer service time in accordance with CCCU policy.
Paid Time Off
- PTO Vacation – Paid vacation/PTO used by an eligible employee.
- PTO Sick – Paid sick leave used by an eligible employee.
- Bereavement – Pay for approved bereavement leave in accordance with CCCU policy.
- Birthday – Birthday-related paid time or benefit, when applicable.
Allowances & Differentials
- Auto Allowance – Vehicle allowance provided to eligible employees for applicable business-related vehicle use.
- Language Differential – Additional compensation for eligible non-exempt employees performing approved bilingual or multilingual duties.
- Exempt Language Differential – Additional compensation for eligible exempt employees performing approved bilingual or multilingual duties.
- Taxable Fringe Benefit In/Out – Taxable value of certain employer-provided benefits or awards. This amount may appear as taxable income without representing additional cash paid to the employee.
Bonuses & Incentives
- Incentive – Compensation based on applicable performance or program criteria.
- Commission – Compensation based on applicable sales, production, or commission criteria.
- Year-End Bonus – Discretionary year-end bonus, when awarded, based on applicable CCCU criteria.
- Service Award – Recognition payment or award for eligible service milestones.
- Leadership Bonus – Compensation provided under an applicable leadership bonus or incentive program.
- Department Bonus – Compensation provided under an applicable department bonus or incentive program.
- Merger Bonus – Compensation associated with eligible merger-related activity or agreements.
Other Earnings & Adjustments
- Deferred Overtime Compensation – An overtime adjustment resulting from certain compensation allocated to a prior pay period.
- Retro Earnings – Prior-period wages, payroll corrections, or other retroactive compensation.
- Group Term Life – Taxable value associated with employer-provided group-term life insurance, when applicable.
- Merger Payment – Compensation provided under an applicable merger-related agreement or program.
4. Deductions & Contributions
Your pay statement may show employee deductions, employer contributions, taxes, and informational amounts. Employer contributions and informational amounts do not reduce your take-home pay.
Retirement
- 401(k) EE % – Employee 401(k) contribution elected as a percentage of eligible pay.
- 401(k) EE $ – Employee 401(k) contribution elected as a flat dollar amount.
- Roth EE % – Employee Roth 401(k) contribution elected as a percentage of eligible pay.
- Roth EE $ – Employee Roth 401(k) contribution elected as a flat dollar amount.
- 401(k) Loan Deduction 1 / 2 / 3 – Payroll repayment of an outstanding retirement-plan loan.
- 401(k) ER Contribution – CCCU employer contribution in accordance with the retirement plan.
- 401(k) Safe Harbor ER Contribution – CCCU safe harbor contribution in accordance with the retirement plan.
Medical, Dental & Insurance
- Medical (EE) – Employee share of the applicable medical premium.
- Medical (ER) – CCCU contribution toward the applicable medical premium.
- Dental (EE) – Employee share of the applicable dental premium.
- Dental (ER) – CCCU contribution toward the applicable dental premium.
- Employer-Paid Life / AD&D – CCCU-paid life and AD&D insurance.
- Employer-Paid STD – CCCU-paid short-term disability coverage.
- Employer-Paid LTD – CCCU-paid long-term disability coverage.
- Voluntary Life – Employee / Spouse / Child – Employee-paid premiums for elected voluntary life coverage.
- Voluntary AD&D – Employee / Spouse / Child – Employee-paid premiums for elected voluntary AD&D coverage.
- Accident – Employee premium for elected accident insurance.
- Hospital Indemnity – Employee premium for elected hospital indemnity insurance.
- Critical Illness – Employee / Spouse – Employee premium for elected critical illness insurance.
Health & Dependent Care Accounts
- Healthcare FSA – Employee contribution to an eligible Healthcare Flexible Spending Account.
- Dependent Care FSA – Employee contribution to an eligible Dependent Care Flexible Spending Account.
- HSA Employee – Employee contribution to an eligible Health Savings Account.
- HSA ER – CCCU contribution to an eligible employee's Health Savings Account. This amount does not reduce your pay.
State Programs & Other Items
- WA Paid Family & Medical Leave (PFML) – Employee premium for Washington's Paid Family & Medical Leave program at the rate established by Washington State.
- PFML ER Contribution Memo – CCCU's employer portion of the Washington PFML premium, when applicable. This is informational and is not deducted from employee pay.
- Expense Reimbursement – Reimbursement for eligible, approved business expenses.
- Miscellaneous – An infrequent or situation-specific payroll deduction or adjustment. Contact Human Resources if you need assistance identifying the item.
5. Benefits
Depending on eligibility and benefit elections, CCCU employees may have access to:
- Medical
- Dental
- Vision
- Health Savings Account (HSA)
- Healthcare Flexible Spending Account (FSA)
- Limited Purpose Flexible Spending Account (LPFSA)
- Dependent Care Flexible Spending Account
- Employer-paid life and AD&D insurance
- Employer-paid short-term disability
- Employer-paid long-term disability
- Voluntary life and AD&D insurance
- Accident insurance
- Critical illness insurance
- Hospital indemnity insurance
- Employee Assistance Program
- 401(k) retirement plan with employer contributions
- Paid vacation/PTO
- Paid sick leave
- Paid holidays
- Other leave and benefits required by applicable law
Benefits, employee premiums, employer contributions, eligibility requirements, coverage levels, and plan availability are governed by the applicable plan documents and CCCU policies and may change.
6. Important Information
This guide provides general information about CCCU's compensation, payroll, and benefit programs.
Specific compensation and benefits vary based on position, work location, employment status, eligibility, individual elections, and applicable plan or program terms.
This information does not create a contract or guarantee compensation or benefits. Applicable plan documents, compensation plans, CCCU policies, agreements, and governing law control where applicable.
7. Questions?
If you have questions about an earning, deduction, contribution, benefit, or payroll code appearing on your pay statement, Human Resources is happy to help.
Human Resources
humanresources@consolidatedccu.com
Current employees may also submit questions through Paycom. ASK HERE