If they farmed the land for 5 years, they could have the land for free. could have the land right away if they payed $1.25 for each acre. to get land in the West. Some thought the 160 acres were too big for a farm, and too small for raising cattle.
Benefits and Perks. Only a fifth of workers at PennyMac enjoy paid vacation time, and just one in ten survey participants can take sick leave. Most workers save for retirement through PennyMac's 401(k) plan. At PennyMac, most respondents have health insurance, and a large number of workers have dental coverage.
Cafeteria Benefits. The âCafeteria Benefitsâ plan organized under Section 125 of the Internal Revenue Service offers group rates for dental, vision, cancer, disability and life insurance to all full-time permanent employees. Also available are flexible spending accounts for out-of-pocket medical expenses, as well as dependent care costs.