Summary of Benefits for Full Time Administrators
An employee scheduled to work at least 1,450 hours per fiscal year is eligible for the following benefits.
Health and Welfare Plans
Health/Dental Insurance
Rates listed below are effective July 1, 2011. (Rates change annually on July 1.) Monthly costs to employee:
| Plan Name | Monthly Family Rate | Monthly Individual Rate |
|---|---|---|
| BCBS NE $1000 Deductible |
$250.47 |
$94.51 |
| BCBS NE Premier Value |
$354.24 |
$133.67 |
| BCBS NE Enhanced Value |
$417.42 |
$157.53 |
| PPO Enhanced Value |
$571.34 |
$215.59 |
| Altus Dental - High |
$105.31 |
$28.65 |
| Altus Dental - Low |
$77.50 |
$21.97 |
Flexible Benefit Plan (Flexcomp)
Eligible on the first of the month following date of hire. This benefit allows you to reduce your compensation by elected amounts in return for certain non‑taxable benefits (e.g., health/dental insurance premiums, uncovered medical, dental or optical expenses, and dependent care expenses).
Group Life Insurance/AD&D
Eligible for coverage on the first day of the month following date of hire. Value is two (2) times your annual salary up to a maximum of $300,000. WPI pays the entire premium. Group term life insurance in excess of $50,000 must be included in gross income and must be reported on the W-2.
Group Supplemental Life Insurance/Supplemental AD&D
Eligible for coverage on the first day of the month following date of hire. The value of the supplemental life insurance can be up to five (5) times your annual salary or $500,000, whichever comes first. The supplemental life insurance is also offered to spouses/domestic partners and dependent children. Spouses/domestic partners are eligible for up to half of what an employee purchases for coverage and dependent children are eligible for up to $10,000 in coverage.
Extended Sick Leave
After completing the six (6) month introductory period, there are unlimited sick days (up to six (6) months), subject to review by your supervisor, and in the case of extended illness or injury, subject to medical review and approval. (See the Long Term Disability section of the Employee Policies and Benefits Manual for benefits after six months.) You will be allowed to use up to six (6) of your total accumulated sick days per year to care for a member of your immediate family or member of your household. Immediate family is defined as parent, grandparent, stepparent, sister, brother, child, spouse/domestic partner, or other member of the immediate household.
Group Long Term Disability
Eligible for coverage on the first of the month following date of hire. If you are totally disabled for a continuous period of six (6) months or longer, this benefit will pay 60% of your covered monthly salary up to a limit of $10,000 per month (less any amount received from Social Security or Workers' Compensation). WPI pays the entire premium.
Long Term Care
Eligible for coverage on the first of the month following date of hire. This is an individual, personalized benefit that is paid entirely by the employee. For specific information on coverage and costs, a meeting with a representative is recommended.
Paid Time Off
Vacation
Twenty (20) days of vacation per fiscal year. Prorated vacation is awarded the first year, depending on date of hire. Vacation time is earned during the fiscal year July 1 ‑ June 30 and is taken the following year. Vacation cannot be taken as you earn it and cannot be carried from one year to another.
Holidays
No waiting period. Eleven (11) holidays per year as specified by WPI. Two (2) floating holidays are also available during the course of a full year's employment. After the first ninety (90) days of employment, you will have two (2) days if hired between July and December; one day (1) for use before July 1st if hired after January.
Bereavement Leave
In the event of a death in an employee’s immediate family, a leave of up to five (5) consecutive days with full pay may be taken to attend a funeral or handle other affairs in connection with the death. "Immediate family" is defined as parents, stepparents, mothers/fathers-in-law, sisters, brothers, children, spouses, domestic partners or other members of the immediate household.
In the event of a death of a family member who is not an immediate family member, i.e. sisters/brothers-in-law, aunts, uncles, grandparents, grandchildren, cousins, nieces, nephews, etc. employees will be granted one (1) day with full pay to attend a funeral or handle other affairs in connection with the death.
LEAVE WITH PAY MUST BE PREARRANGED WITH SUPERVISOR OR DEPARTMENT HEAD.
Retirement Plans
Two retirement plan options are available, TIAA-CREF and Fidelity. Participation can be with one plan or a combination of the two. The choices are outlined below:
Regular Annuity (RA)
Eligible on the first of the month after completing one year of service. Participation is mandatory. The waiting period will be waived for anyone who has had one year of continuous service as a non‑student at any non‑profit educational organization or teaching hospital or who is already participating in TIAA-CREF or Fidelity immediately prior to the start of employment at WPI. Employee must contribute a minimum of 5% of salary; WPI will contribute 6% of the first $10,800 of salary and 11% of salary in excess of $10,800.
Group Supplemental Retirement Annuity (GSRA)
Eligible on the first of the month following date of hire. The GSRA is an alternative tax-sheltered annuity for employees who want to set aside funds in addition to the amount being accumulated under the College's retirement plan.
Tuition Assistance
WPI offers tuition assistance to WPI employees, their spouses or domestic partners, and dependent children. For details on the tuition assistance benefit, please consult the HR Policy and Benefits Manual.
Additional Benefits
Auto/Homeowners Payroll Deduction
The insurance payroll deduction program is available to employees and their family members living in the immediate household through Sullivan, Garrity & Donnelly and the Hanover Insurance Company. Automobile, property (home, condominium, rental), boat, and umbrella policies are offered. Premium discounts for auto insurance are 6% off the regulated Massachusetts rates. Hanover's already competitive rates for property insurance are reduced by an additional 10%. If an employee purchases both auto and property policies, an additional discount can be applied to the property premium. Final prices depend on the unique circumstances of each employee's current policy. Please call Human Resources for more information.
Child Care
WPI in conjunction with the First Baptist Church has established a relationship with First Friends, an early care and educational center for infants, toddlers and preschool children. First Friends provides a supportive, nurturing, stimulating program that responds to the developmental needs of each child.
First Friends is conveniently located within walking distance of the WPI campus in the First Baptist Church at the corner of Salisbury Street and Park Avenue. For information on rates and availability, please contact the Executive Director of First Friends at 1+508-791-4884.
Direct Deposit
Effective October 1, 2000, all employees are required to utilize Direct Deposit services. Employees' salaries are deposited directly into the bank or credit union of their choice such that funds are available as of each pay date.
Domestic Partner Benefits
This benefit allows same sex and opposite sex domestic partners of employees, as well as dependent children of domestic partners, to participate as follows:
- Health Insurance coverage under any plan offered by WPI to employees to the extent allowed by WPI health providers.
- Tuition Assistance is available only to the dependent children of WPI employees as defined by IRS standards.
- Bereavement, FMLA, and Maternity or Adoption Leaves treat the domestic partner as the equivalent of a spouse.
Employee Assistance Program
The EAP is provided to WPI by The Wellness Corporation, a locally owned and operated company specializing in Employee Assistance Programs. Headquartered in Shrewsbury, Massachusetts, The Wellness Corporation serves local and national needs with equal ease. At no cost to the employee, the EAP can assist WPI employees and their families in obtaining confidential assessment, counseling, referral and follow-up services for problems covering a wide range of issues including emotional problems, marital and relationship concerns, family problems, parenting issues, stress, work problems, domestic violence, eating disorders, alcohol and drug use, communication problems, depression and suicidal thoughts, budget and debt problems, and legal concerns.
Consultations/assessments are available at no cost to you and your family members. To access the services of the WPI Employee Assistance Program through The Wellness Corporation, call the nationally toll free number +1-800-868-6025 or locally + 1-508-842-2780.
Fitness Center
The WPI Fitness Center located in the lower level of the Alumni Gym is available to members of the WPI Community. The Fitness Center's hours are posted for the academic year, the summer, and the term breaks in October, March and December, respectively.
Membership to Worcester Art Museum
The Worcester Art Museum's Institutional Membership Program provides WPI staff, faculty & students FREE admission to the Museum during regular hours.
Parking
Parking in any of the WPI lots is available to all employees at no cost with a WPI parking decal. All vehicles must be registered with the Campus Police Department located on the lower level of Founder's Hall.
Payday
Administrators are paid once a month on the last working day of the month; electronic pay stubs are available for viewing on the WPI Banner Web for employees.
Summer Hours
During summer months (actual dates to be determined each year), full-time exempt employees are expected to work a minimum of 37½ hours per week, and ore if necessary to fulfill the responsibilities of his/her position.
Travel Accident Insurance
Employees who travel for the purpose of their job will be covered under the university's travel accident insurance. The amount of coverage is dependent upon the position held within the university.
Maintained by webmaster@wpi.eduLast modified: July 27, 2011 13:44:50