Benefits - Faculty

Working at WPI allows you to enjoy a wide range of benefits and exclusive opportunities, from medical and dental coverage and retirement savings plans to generous time off and tuition benefits. Diverse wellness programs encourage healthy living and provide support and assistance in times of need. Special retail and cultural discounts are offered as well. This convenient table makes it easy to review benefits and find more information. View or download our Benefits & Policies Manual...

Click the + next to any item to get full details.

Benefits Summary
Benefits require an assignment duration of at least 9.0 months. Benefits vary based on full time equivalency (FTE) 75%-100%
FTE
50%<75%
FTE
25%<50%
FTE
<25%
FTE
Health & Welfare
+ Health and Dental Insurance*
+ Employee Assistance Program (EAP)
+ Flexible Spending Accounts
+ COBRA
+ Disability - Long Term
+ Domestic Partner Benefits
+ Life Insurance/A.D. & D
+ Life Insurance - Supplemental - Volantary*
+ Long-Term Care Insurance - Voluntary*
+ Retirement Plans

After 1 year of service, employees are eligible for WPI’s retirement plan. Contributions to the retirement plan are calculated annually as follows: Employees must contribute 5% of their base salary and WPI will contribute 11% of their base salary.

 

 

* Waiting period will be waived for anyone with one year of continuous service as a non-student at a nonprofit educational organization or teaching hospital, or already participating in TIAA/CREF immediately prior to the start of employment at WPI. Must work 1000 hours for the calendar year and be in an includable category. For information on includable categories, contact Human Resources.

+ Retirement Annuity - Supplemental Voluntary*
+ Social Security / Medicare
+ Travel Accident Insurance
+ Unemployment Compensation
+ Vision - Voluntary*
+ Workers' Compensation
Time Off
+ Bereavement Leave
+ Family Medical Leave
+ Holidays*
+ Maternity and Adoption Leave*
+ Military Leave
+ Personal Leave 
Additional Benefits
+ Auto/Homeowner Insurance Discounts
+ Child Care
+ Fitness Center
+ Legal Services - Voluntary

* Employees pay the entire premium

+ Long Service Recognition
+ Parking
+ Tuition Assistance Plan

WPI provides financial assistance for the undergraduate university education of dependent children of employees (as defined by the IRS), and the undergraduate and graduate education of full-time employees and their spouses or domestic partners.

Dependent Children: On-campus and off-campus tuition
Spouse/Partner: On-campus tuition
Employee: On-campus and off-campus tuition, non-credit education

 

 

* Review the Benefits and Policies Manual for details. Requires 3 years of continuous service or a minimum of 1,450 hours of work.

+ Tuition Exchange Program

Tuition Exchange (TE) is a national scholarship-exchange program available to dependent children of full-time faculty and staff members at approximately 650 participating colleges and universities. Participating institutions have agreed to grant tuition scholarships to participants from other member institutions. All applicants must seek admission to the TE partner institution, which determines admission and procedures.

 

 

+ Wellness Programs
+ Worcester Art Museum Membership

 
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