A glance inside your SynXGlobal Total Rewards Package

SynxGlobal Total Rewards includes a range of plans and programs designed to attract, retain and motivate high-performing employees like you, who are critical to our growth and success. Here’s a peek inside the SynXglobal Total Rewards Package.

Your SynXGlobal compensation

Your pay may include two components: base salary and variable pay. While base pay applies to all employees, variable pay is offered to eligible employees and may include an Annual Incentive Plan (AIP), sales incentives or other incentives.

Health care benefits

Good health is an asset to you and SynXGlobal

  • You are eligible to participate beginning on your first day of employment.

Tax advantaged accounts

These accounts help reduce your income tax liability and help pay for out-of- pocket health and dependent care expenses.

  • Health Savings Account (HSA): contribute between $300 - $7,200

  • If you enroll in the Choice or Prime Advantage Plan, you may be eligible to contribute to a Health Savings Account (HSA). If eligible, SynXGlobal will contribute up to $600 for employee-only coverage and $1,200 for all other coverage levels. The amount SynXGlobal contributes is prorated based on your hire date.

  • Health Care Flexible Spending Account (FSA): contribute between $300 - $2,750

  • Dependent Care Flexible Spending Account (FSA): contribute between $300 - $5,000

    Life insurance benefits

    To help protect your financial security, SynXGlobal also offers a variety of coverage options.

  • All employees receive company paid Basic Life Insurance and Accidental

    Death & Dismemberment Insurance, which is one times your planned total cash compensation (up to a maximum of $1 million) and the Additional Survivor Benefit (up to a $5,000 maximum).

  • Additional Life Insurance and Optional AD&D Insurance, Spouse and Child Life Insurance coverages are available at an additional cost.

Disability benefits

3M provides company-paid coverage in case you become ill or are injured and unable to work.

  • Short-Term Disability – Based on your service credit date, for either 100% or 60%of your eligible pay for up to 26 weeks if you cannot work because of illness, injury or pregnancy.

  • Long-Term Disability – Allows you to continue to receive up to 60% of your eligible pay if a disability continues beyond 26 weeks.

    Parental leave

    SynXGlobal’s parental leave is comprised of two components. Mothers and fathers of newborn or newly adopted children are entitled to up to 20 weeks of parental leave:

  • 10 weeks of paid leave (four weeks at 100% and six weeks at 50%).

  • 10 weeks of unpaid leave.
    Birth mothers are also entitled to an additional time off through Short-Term Disability leave.

    Paid time off

    Paid time off is another part of your SynXGlobal Total Rewards that helps you relax and balance your work and personal life.

• Vacation: Earned based on your SynXGlobal service credit. Your annual vacation hours are available for you to use at the beginning of each year. *

If employment service credit is:

Annual Vacation Hours**

*Due to state laws, there are differences in the vacation policy for SynXGlobal employees living in or assigned to a work location in some areas.
**Annual Vacation Hours are prorated for new employees hired after the beginning of the year.

• Holidays: You may be eligible for up to 12 paid holidays each year (96 hours). Six are national holidays and the remaining six are holidays that are either designated by the work location or taken as personal holidays.

Savings and retirement

You are eligible to participate beginning on your first day of employment.

  • General Employees Stock Purchase Plan (GESPP): You can contribute 3-10% of your eligible compensation to purchase 3M stock with a 15% discount from

    its current market value.

  • 401(k) Plan (VIP): 3M applies matching contributions on a before tax basis to

    every dollar you contribute up to the first 5% of your eligible pay from each

    payroll (on before-tax and/or Roth contributions).

  • After-Tax Savings Account: You may choose to contribute 2-9% of your pay

to this account each pay period on an after-tax basis.
• Retirement Income Account (RIA): This is a non-elective, automatic account.

Synxglobal contributes a percentage of your eligible pay each payroll payment to the Retirement Income Account.

Extra benefits, extra care

Want even more? We’ve got you covered. As a SynXGlobal employee, you have access to employee- preferred pricing on voluntary benefits. These options are 100% employee-paid and are available through convenient payroll deductions.

  • Critical Illness Insurance - pays you a lump-sum benefit if you are diagnosed with a covered illness or disease.

  • Accident Insurance: Accident Insurance pays you benefits for specific injuries and events resulting from a covered accident.

    Your 2021 monthly premium for supplemental health benefits:

    $6.19 $10.28 $12.43

    $16.52
    Accident Insurance and Critical Illness are issued by ReliaStar Life Insurance Company, a member of the Voya® family of companies. Voya Employee Benefits is a division of ReliaStar Life Insurance Company. Product availability and specific provisions may vary by state.

  • Home and Auto Insurance – offers discounted group rates

  • MetLife Group Legal Plan – offers discounted legal services

  • Allstate Identity Theft Protection – offers protection against the damage of identity

    theft

  • Nationwide Pet Insurance – offers affordable pet health coverage

    Important Legal Information: The Home & Auto, Group Legal, ID Theft Protection and Pet Insurance Programs (“the programs”) are voluntary, and Synxglobal does not endorse or recommend the programs. You should investigate the programs yourself and make your own informed decision about whether to participate and whether the programs are right for you. If you choose to participate, you are responsible for paying the full cost of the programs. The programs are neither a SynxGlobal sponsored plan nor an ERISA employee benefit plan. SynXGlobal is not involved in the operation or administration of the programs, and SynXglobal cannot assist you with any issues or disputes you may have regarding the programs.

    More SynXGlobal programs and resources

    Here’s a sampling:

  • On-site fitness centers in many SynXGlobal locations

  • Fitness center discounts

  • Confidential Employee Assistance Program (EAP)

  • Stress management coaching

  • Child and adult (elder) care consultation and referral

  • Parenting resources, scholarship programs and personal growth resources

  • SynXGlobal Club (discounted tickets and an avenue to share hobbies and interests)

  • Tuition reimbursement

  • Adoption assistance

  • On-site CVS CarePlus Pharmacy

  • On-site INFocus Vision Clinic

    Important Legal Information: This document is not the official plan document for the plan, and in the event of any conflict, inconsistency or ambiguity between this information and the official plan documents, the terms of the official plan document will control. SynXGlobal reserves the right to modify, amend or terminate the benefit plan, in whole or in part, at any time. This document is intended to provide general information about the plan and is not intended to provide specific advice for any individual. This document should not be construed and is not intended to provide financial, investment or tax advice.

    Individuals should consult their own financial or tax advisor for guidance specific to their own situation. Neither receipt of this document nor its use of the term “you” indicates eligibility for the plan. Only those individuals who satisfy the eligibility requirements and other criteria contained in the official plan document are eligible to participate in the plan.

This brochure is prepared for all newly hired active U.S. salaried, non-production/maintenance/ warehouse SynXGlobal employees.