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.
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