Informed Choice home :: Questions by topic :: updated 08.01.05
During collective bargaining, benefits can be affected. Benefits could be enhanced, reduced or stay the same, as a result of negotiations. It is accurate to say that in a unionized environment, benefits are negotiable. It is not accurate to say that benefits cannot be reduced or eliminated with a union.
Health Insurance
Both University health insurance plans, Blue Cross/Blue Shield (BC/BS) and (MVP) provide complete hospital and medical coverage with employee premiums based on your base pay. Co-pay for BCBS $10 for an office visit and $20 for specialist visit. Co-pay for MVP is $15.
Prescription Drugs
After a $100 deductible a three [3] tiered [generic/preferred/non-preferred] prescription drug plan provides low cost prescription coverage for generic drugs, with flexibility for preferred and non-preferred drug coverage.
Dental Insurance
Base dental coverage for you and your family is provided at no cost. You may elect to increase your coverage limits by selecting the high option plan and paying the difference between the base and high option plans.
Wellness and Employee Assistance Programs
The University offers incentive programs for participation in wellness programs such as weight loss, walking/exercise programs, health workshops, heath screening and health risk appraisal to name a few. All employees have access to the University’s free and confidential Employee Assistance Program (EAP).
Retirement Savings Plan
The University contributes 10% of base salary, with employee’s minimal 2% contribution, after three years of continuous service. There is no vesting period.
Long -Term Disability Coverage
The University’s long-term disability insurance (LTD) plan will pay 60% or 70% of your monthly base salary (depending on the plan/premium you select) should you become totally and permanently disabled.
Group Life Insurance
All full-time staff are eligible to enroll in the University’s group term life insurance plan. There are many different options available to you, your spouse and children.
Post-Retirement Benefits
Based on years of service and age, post-retirement benefits include continuation of medical, dental and life insurance benefits along with tuition remission benefits.
Paid Medical Leave
UVM allows for unlimited accumulation of paid medical leave days at the rate of 1 day per month of service.
Paid Vacation
The amount of vacation depends on length of service and type of employee. Non-exempt employees earn between 10 and 25 days per year with additional personal days. Exempt employees earn between 17 and 27 days per year.
Paid Holidays
The University recognizes 12 holidays during the year by providing designated days off with pay.
Tuition Remission
Full time staff members who enroll in UVM courses for credit or audit may request a waiver of the tuition charge up to a maximum of 15 credits per academic year. Employee spouses may audit up to a maximum of 15 audit hours per year.
After completing one year of full-time employment, a dependent child, who meet the eligibility requirements, are eligible for full remission of tuition (except fees, book, room & board) for enrollment in the UVM regular session or evening division as long as the student is pursuing an acceptable full-time undergraduate course of study leading to a degree.
Workers’ Compensation
The University pays the cost of insurance that protects employees for work-connected injury or illness.
Alternative Work Schedules
Flexible scheduling, job sharing, work at home and other alternative work schedules are an option for many employees.
UVM employment provides an impressive array of benefits that make wages and salaries only part of the total compensation picture. Depending on the choices we make, our benefits enhance compensation substantially.
The University offers these benefits and pays the lion’s share to attract and retain a fine faculty and staff. Many individuals chose to work at UVM because specific benefits are extremely important to them. Tuition remission, the retirement savings plan, and the health insurance plan are especially notable.
Depending on the benefit choices each person makes, additional costs are paid for by the University or shared with the individual:
Take a closer look at benefits and the costs associated with them viewing three different illustrations of individuals’ total compensation packages.
Example 1: Sarah, non-exempt, non-represented employee earning $20,000 per year
Example 2: Ronald, exempt, non-represented employee earning $35,000 per year
Example 3: Chris, exempt, non-represented employee earning $50,000 per year
Considering the value of UVM’s benefits, it makes good sense to maximize your own benefits package and increase your total compensation. Feel free to consult the Benefits staff at any time to make sure your own benefits work hard for you.