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Headquarters:
500 Water Street, 15th Floor
Jacksonville, FL 32202
Employees: 32,000
CEO: Michael Ward
Stock Symbol: CSX
Website:
http://www.csx.com
Career
Site
CSX owns the largest rail network in the
eastern United States. CSX also provides intermodal transportation
services across the United States and into key markets in Canada
and Mexico.
CSX Transportation Inc. (CSXT), the rail
unit of CSX Corporation and principal operating company, provides
rail freight transportations over a network of more than 22,000
route miles in 23 states, the District of Columbia and two Canadian
provinces.
In addition, the company connects to 70
ocean, river and lake ports and to 200 short line and regional
railroads.
CSXT provides essential transportation
services to a wide range of customers across a broad spectrum
of industries including: coal, chemicals, automobiles, minerals,
agricultural products, food and consumer goods, metals, forest
and paper products and phosphates and fertilizer. Moreover, the
company operates almost exclusively on a privately owned rail
infrastructure that is maintained by CSXT.
The company operates on average 1,200 trains
per day and maintains a fleet of more than 3,700 locomotives
and 105,000 freight cars. The company also owns the Greenbrier
Resort in West Virginia.
In 2005, CSX had record revenues of $8.6
billion and net income of $720 million.
Benefits
Personal Accident
- Accidental death and dismemberment insurance available to employee
and dependents. Employee paid.
Travel Accident - Accidental death insurance while traveling
on company business, five times annual earnings ($1,000,000 maximum
benefit). Premium paid by CSX.
Bonus Program - Bonus opportunity is based on the band
of the position, the performance of the company and the performance
of the individual.
Dental Insurance - Benefit levels of 100%, 75% or 50%
depending on the procedure. Premium paid by CSX.
Disability: Salary Continuance - 100% of monthly salary up to
182 days depending on length of service.
Long-Term Disability - 60% of monthly salary from all
sources.
Employee Assistance - Confidential counseling program
for personal problems. Program of employees and their dependents.
Holidays - Determined by business unit.
Life Insurance (Basic Life Insurance) - Up to three times
annual earnings plus highest bonus depending on age. Premium
paid by CSX.
Optional Life Insurance - Additional group term life insurance
available to employees and dependents. Employee Paid.
Medical Insurance - Indemnity Medical Plan with choice
of benefit level. Exclusive Provider Organization (EPO), and
Preferred Provider Organization (PPO) available in most areas.
Most plans require a monthly employee contribution. May also
waive medical coverage and receive a monthly opt out credit.
Military Leave - Company provides pay differential and
leave of absence to National Guard and Reserve service members.
Pension - Fully funded by CSX. Five year vesting.
Railroad Retirement - For CSX Transportation and select
other positions only. Railroad Retirement (RRR) Taxes are required
in place of Social Security Taxes (FICA) by the government to
be paid by employees and employers. RRR Taxes are divided into
two categories: Tier I - which is equivalent to FICA, rate and
ceilings, and Tier II - which is an additional 4.4%. CSX contributes
an additional 12.6% toward the RRR fund compared to FICA. Upon
retirement you will receive an annuity from the RRR Board upon
vesting (5 years of creditable service). It is not associated
with the Company Pension Plan. If you leave Railroad service
prior to the vested period, your Tier I tax reverts to Social
Security upon retirement.
Reward & Recognition Program - Cash or non-cash awards
given by the Company to recognize exceptional effort by an employee
or group.
Service Award - Awards recognizing Company service on
certain anniversary dates.
Tax Savings Reimbursement Plan (TSRP) - Pre-tax contributions
to pay for eligible health care and dependent day care expenses.
CSX will match 50% of employee contribution up to $1,000 annual
maximum.
Tax Savings Thrift Plan - 401(k) program-employee may
contribute up to fifty percent of base pay (subject to IRS limits).
CSX will match 50% of the first 6% of employee contribution.
Tuition Reimbursement - Reimbursement up to $3500 per
calendar year for eligible courses.
Vacation - One to five weeks depending on length of service
and employing business unit.
Updated November 7, 2006
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