September 1, 2024
Odyssey Alcon Web Page…
Bookmark this page and check back regularly for updates!
We’ll see you for 3rd Thursday on September 19th!
Check your email inbox for the meeting invite!
OdysseyCares
Odyssey’s recently established committee for charitable giving is making great strides in defining how the company can give back. Check out their page on our corporate website to learn more.
There’s a form where you can still submit your ideas for causes that you think need support and / or sign up to help out! Also, keep an eye out to see how your survey responses are going to help drive future philanthropic initiatives!
2024 Odyssey Employee Engagement Survey—Open ’til 6 September!
The 2024 Odyssey Employee Engagement survey is focused on questions related to:
- Professional Development
- Compensation and Benefits
- Management
- Experience and Culture.
The survey takes between 10-15 minutes to complete and is completely anonymous.
Employee feedback will be reviewed by Odyssey’s Leadership Team with the goal of helping to channel improvements related to the items listed above. Past survey feedback led to updates in our 401k vesting schedule and revisions to our PTO plan.
The Survey will be open for completion through September 6th—check for an email in your Odyssey inbox with links to the survey.
The Importance of Daily Timekeeping
Oh, yay… Timesheets… everyone’s favorite topic!
But it’s important to remember that as a government contractor one of the critical compliance items for Odyssey as a company relates to the prompt and accurate recording of time as part of a government approved, project-based accounting system.
To ensure the accuracy and appropriateness of recorded time against the proper charge numbers / projects and compliance with our approved accounting system:
- All employees are required to complete their timecard daily to accurately reflect their hours worked that day—record your time while your recollection of the projects you supported is fresh
- All timecards should be signed / certified by each employee by close-of-business (COB) on Friday of each week and approved by supervisors no later than COB the following Monday.
- Except for time-off charge numbers / projects (e.g., holiday, PTO, etc.), timecards cannot be completed in advance.
Please note: Odyssey is subject to routine Defense Contract Audit Agency (DCAA) floor check audits to ensure time keeping practices are being followed, so compliance with our policies and practices is paramount. These DCAA floor check audits can and will happen at random. Refer to Odyssey’s timekeeping practices and governing policies in the employee handbook at UKG for more information.
![Doggie eating a timesheet](https://odysseyconsult.com/wp-content/uploads/2024/08/the-dog-ate-it.png)
No excuses? Not even my dog ate it?
Flexible Spending Account / Dependent Care Spending Account
A Flexible Spending Account (FSA) is a special account to which you can deposit funds that are earmarked to pay for certain out-of-pocket healthcare costs. You do not pay taxes on money deposited to an FSA. An FSA account can be used to pay expenses such as:
- Prescription drug co-payments
- Non-covered dentist or other provider fees
- Health plan deductibles and coinsurance
- Doctor and emergency room co-payments
- Contact lenses, eyeglasses, and LASIK surgery
- Mail service and online prescription co-payments and deductibles
- Various over-the-counter items (per current regulations)
A Dependent Spending Account (DSA) is an account to which you can deposit funds that are earmarked to pay for dependent care costs. You do not pay taxes on money deposited to a DSA.
The difference between a Medical FSA and Dependent Care FSA:
A Flexible Savings Account (FSA)
Saves you taxes on money contributed which you can then use to pay for eligible health care expenses (medical, dental, and vision) not covered or only partially covered by our plans.
A Dependent Care Account (DCA)
Is an account that you fund to pay for childcare expense (such as a daycare provider, nanny, preschool, after school program, etc.) up to age 13 and for dependent adults.
![Benefits Spotlight Logo](https://odysseyconsult.com/wp-content/uploads/2023/03/jrny-benefits-spotlight-logo.png)
Odyssey Mugs
Are you a long-time Odyssey employee? Have you been eyeing the mugs that new hires have received? Good news—you can now order one for yourself!
Please reach out directly to the vendor, LaseredGifts4U (a veteran-owned small business):
laseredgifts4u@gmail.com
843.425.6132
Looking for other cool Odyssey swag…?