Benefits Table

BENEFIT

 

ELIGIBILITY

BENEFIT

PAID BY

 

Group medical

All eligible employees working 24 or more hours per week

1st of the month following 30 days of employment

Medical coverage for employee and family

VMC and employee. VMC pays dependent premium for .9 FTE or more on copay plan.

 

Group dental

All eligible employees working 24 or more hours per week

1st of the month following 30 days of employment

Dental coverage for you and your family

VMC and employee

 

Earned leave:
Vacation

All employees regularly scheduled (pro-rated for part time)

6 months or 1,040 hours

10 to 25 days per year based on position and years of service

VMC

 

Sick leave

 

90 days

9 days per year

VMC

 

Holiday leave

 

Day after hire

7 days per year

VMC

 
 

Floating holiday

 

6 months

2 days per year

VMC

 
 

Pension

All employees working over 1,000 hours per year

After 3rd "year of service" and reach age 25

Lump sum or annuity option retirement benefits

VMC

 

Life insurance and AD&D

All eligible employees working 24 or more hours per week

1st of the month following 30 days of employment

Term insurance in the amount of $15,000

VMC

 

Supplemental life and AD&D insurance

All eligible employees working 24 or more hours per week

1st of the month following 30 days of employment

Additional term insurance

Employee

 

Long-term disability

All eligible employees working 24 or more hours per week

First of the month following 30 days of employment

Percentage of your monthly income after waiting period

VMC

 

Supplemental long-term disability

All eligible employees working 24 or more hours per week

1st of the month following 30 days of employment

Percentage of your monthly income after waiting period

Employee

 

Expense accounts

All eligible employees working 24 or more hours per week

1st of the month following 30 days of employment

Tax savings on out-of-pocket healthcare and/or daycare expenses

Employee

 

Voluntary benefits

All eligible employees working 24 or more hours per week

First of the month following 30 days of employment

Discounted group rates for homeowners, rental, pet, and boat

Employee

 

Carpool subsidy

All carpoolers

Immediately

$20/voucher per month

VMC

 

Free parking

All employees

Immediately

Free parking

VMC

 

Direct deposit

All employees

Required upon hire

Convenience and ease of banking

 

Leave of absence

All employees

Per contract or policy< or labor agreement

Authorized absences for illness, family, military, personal, or educational reasons

 
 

Bereavement leave

All regularly scheduled employees

Immediately

Pay for up to 3 work days

VMC

 
 

Jury duty pay

All regularly scheduled employees

Immediately

Full pay for scheduled work days

VMC

 

Tax sheltered accounts

All employees

Immediately

Pre-tax payroll deduction for retirement savings

Employee

 

Social Security

All employees

Immediately

Retirement and disability benefits

VMC and employee

 

Unemployment insurance

Those fulfilling the basic qualification program

Varies with employee

Weekly benefits based on past earnings

VMC

 

Workers compensation

All employees

Immediately

Medical costs and disability benefits for on-the-job injuries

VMC

 

Employee Assistance Program (EAP)

All employees

Immediately

Free short-term counseling and resource referrals

VMC

 

Credit union

All employees

Immediately

Bank services: direct deposit, ATM, VISA, and loans

 

Fitness Center

All employees

Immediately

Complete use of full-service Fitness Center

VMC and
employee

 

Employee recognition

All employees

Immediately

Holiday parties, service awards luncheon, employees of the month and year recognition

VMC

 

This is a summary of Valley Medical Center's employee benefits. VMC offers benefits for domestic partners. For a more detailed description, contact Valley's Human Resources department. Some part-time employees may be eligible to elect higher pay in lieu of benefits. See your labor agreement or Human Resources for details.