Yanfeng Hourly Nonexempt Handbook

Pay for holidays will be calculated based on the employee’s hourly wage. Only regular full-time employees are eligible for holiday pay.

If a recognized hol iday falls during an eligible employee’s paid vacation period, holiday pay will be provided instead of the vacation benefit being applied.

If an eligible employee works on a recognized holiday, he or she will receive 8 hours of holiday pay, plus wages for the number of hours worked on the holiday.

If you are on a Medical Leave of Absence (Short Term Disability) or Family Medical Leave you will not be eligible to receive holiday pay.

EDUCATION REIMBURSEMENT

YANFENG reimburses employees for education costs when the following criteria are met:

• The education is career/job related and to the mutual benefit of the employee and the company.

• Must be employed with Yanfeng for at least one full year.

• For graduate reimbursements the employee must be employed with Yanfeng for at least two full years

• All courses must be taken outside of work hours.

• Tuition reimbursement is not available to a) Temporary full-time or part-time employees; or b) Employees with an inactive status; or c) Employees with less than one full year of employment with YANFENG; or d) Employees that are not currently meeting minimum performance requirements.

• Employees must obtain pre-approval by the management team for tuition reimbursement under this policy.

In no event shall an employee be entitled to the alternative of selecting additional taxable compensation in lieu of tuition reimbursement benefits.

For more detailed information, please see a member of the Human Resources Team.

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