Snapshot of Salaries & Benefits
Hourly Salary of U.Va. Employee at Minimum Pay Rate |
$9.75 |
Health Care Benefit (paid by U.Va.) |
1.52 |
Retirement Benefit. (paid by U.Va.) |
1.09 |
Social Security (paid by U.Va.) |
0.75 |
Other Insurance* (paid by U.Va.) |
0.23 |
Total Hourly Rate |
$13.34 |
* Workers Compensation, Unemployment, Virginia Short-Term Disability, and VRS Life Insurance.
Highlights of benefits include:
-- Health Care: Includes not only medical insurance but also prescription, dental, mental health services, and discount vision program.
-- Retirement Plan: U.Va. offers employer-paid participation in the Virginia Retirement System.
-- Supplemental Optional Life Insurance
-- Tax-Deferred Savings Plan: The University of Virginia offers an optional savings program that allows employees to tax-defer income and invest for the future. University will match contributions at 50% up to $40 per month to either the University's 403(b) plan or the Commonwealth's 457 plan.
-- Virginia Sickness and Disability Program: The University provides employees with both a short-term and long-term disability plan in addition to sick leave and family and personal leave to eligible employees.
-- Generous Annual Paid Leave plus 12 paid days off on all University holidays.
-- Flexible Reimbursement Accounts: The University of Virginia offers two types of reimbursement accounts — one for medical expenses and one for dependent care — that are exempt from personal income tax.
-- Faculty and Employee Assistance Program: The University also offers employees confidential counseling and referral services for emotional and financial problems.
-- Occupational Health Services: The University of Virginia’s Occupational Health Services functions to prevent illness and injury among employees, promote good health practices, treat a limited number of illnesses and injuries occurring on the job and refer employees to a source of continuing health care.
-- Education Benefits: Under the Tuition Wavier Program, eligible employees may take one job or non-job-related course and lab/discussion group (if applicable) at the University of Virginia each semester (fall, spring, summer) and have the tuition and regular fees waived if the course is satisfactorily completed.
-- Career Services: Career service offerings are available to University employees at no charge. These includes workshops on topics ranging from job searches to retirement planning.
http://www.hrs.virginia.edu/Career/ECSWorkshops.htm
-- Career Training and Development: Continuously improving skills and knowledge is essential for effective performance in current and future jobs. U.Va. offers a wide variety of training and development activities to support our valued employees' learning. Some of the newest offerings include Essential Workskills and the Supervisory Essential Certification Program.
— April 13, 2007
|