The
following is a summary of benefits offered to Gladstone full-time salaried
employees. Part-time salaried employees may be eligible for some benefits.
Generally, eligibility for most benefits begins on the first of the month
following the date of hire, unless otherwise noted.
|
| Medical
Coverage
Gladstone provides health insurance coverage for employee and dependents
at a minimal cost. Three options are available:
XXXKaiser
Permanente — HMO
XXXEBA&M
— Preferred Access (PHCS and CCN Networks)
XXXEBA&M
— PPO (PHCS and CCN Networks)
|
| Dental
Coverage
Gladstone provides dental insurance coverage for employee and dependents
at a minimal cost |
| Vision
Coverage
Gladstone provides and contributes 100% of the monthly premium for vision
insurance coverage through VSP for employees and their legal dependents
under a preferred provider plan.
|
| Domestic
Partnership Coverage
Gladstone extends the same benefits to same sex domestic partnerships,
including their children. |
Flexible
Benefit Plan
The Plan allows employees to pay for certain expenses (medical care
and dependent care costs) for themselves and their legal dependents
with pre-tax dollars, rather than dollars that have already had Federal,
State, and FICA taxes taken from them.
|
| Vacation
Vacation accrues from the date of employment and is based on
years of service. Vacation accrues monthly for eligible employees as follows:
| |
0-4
years |
15
days a year, accrued at 10 hours a month |
| |
5-9
years |
18
days a year, accrued at 12 hours a month |
| |
10-14
years |
21
days a year, accrued at 14 hours a month |
| |
15+
years |
24
days a year, accrued at 16 hours a month |
|
| Holidays
Gladstone has twelve (12) paid holidays per year that eligible
employees receive starting from date of hire. Gladstone recognizes the
following holidays: New
Year's Day; Martin Luther King Jr. Day; Memorial Day; Independence Day;
Labor Day; Thanksgiving Day; the day after Thanksgiving; and 5 days scheduled
at year end called Winter Break.
|
| Sick
Time
Sick time accrues from the date of hire at rate of eight (8)
hours a month. Sick times carries over. An eligible employee may accumulate
up to a total of 1,040 hours of sick time.
|
| 403(b)
Retirement Savings Plan
Employees may redirect pretax earnings to a 403(b) retirement plan, and
distribute the money among investment options with either Fidelity or
TIAA-CREF. |
| Gladstone
Pension Plan
Gladstone contributes an amount equal to 15% of annual earnings
to a defined-contribution pension plan for eligible employees. Contributions
are invested in a TIAA-CREF account and distributed among investment options
per employee direction. Contributions in this account vest per the following
schedule:
After 2 years of service: 20% vested
After
3 years of service: 40% vested
After 4 years of service: 60% vested
After 5 years of service: 80% vested
After 6 years of service: 100% vested
Employees
become eligible on the next eligibility date following one year of service.
Eligibility dates are January 1 and July 1 each year. Postdoctoral Fellows
and Visiting Researchers are not eligible for this benefit. |
| Life
and AD&D Insurance
Gladstone provides and contributes 100% of the monthly
premium for both life and accidental death and dismemberment insurance
for employees. Life insurance coverage equals 1.5 times annualized salary.
Postdoctoral Fellows and Research Scientists receive coverage at $50,000,
regardless of salary |
| Optional
Term Life Insurance
Gladstone employees may purchase additional term life insurance,
at their own expense, for coverage of up to 5 times annual salary, in
increments of $20,000. Term life insurance coverage for spouse and children
may also be purchased.
|
| Short-Term
Disability
Coverage ensures eligible employees receive 100% of their salary
until accrued sick leave is exhausted. Thereafter, eligible employees
will receive 66 2/3% of salary. Coverage is coordinated with State Disability
Insurance and will not exceed a total period of 6 months per incident.
|
| Long-Term
Disability
Coverage ensures eligible employees receive 66 2/3% of their
salary while receiving long-term disability insurance. |
| Safe
America Credit Union & Golden 1 Credit Union
Gladstone employees have the option to join Safe America Credit
Union or Golden 1 Credit Union, receiving low interest loans and other
savings that credit unions afford their members.
|
| Fitness
Benefit
Gladstone will reimburse employees $75 annually towards the cost of fitness
club membership dues. |
| Employee
Assistance Program
The EAP is a resource to assist employees and their family members in
managing issues that affect their daily lives. |
| Gladstone
Extension Training and Development Program
The Gladstone Extension is an in-house program designed to
provide training and development opportunities to employees at all levels
of the organization in the form computer classes and professional development
workshops.
|
| Tuition
Reimbursement
Eligible employees who have completed a year of service are
eligible to receive up to $1,000 per calendar year for approved tuition
expenses. Courses must be approved in advance and a "C" or better grade
must be received. |
Employee
Educational Series
Quarterly educational seminars on matters related to benefits, retirement,
and financial planning. |
Parking
The pre-tax parking permit program program allows for a tax free deduction
to be made semi-monthly from your paycheck to cover the cost of a parking
permit at the Mission Bay Campus. Similar to the medical and dependant
care reimbursement program, the amount deducted form your paycheck for
your parking permit will not be subject to payroll tax withholdings. This
results in a reduction of your taxable earnings. |
| Commuter
Checks
Commuter Checks are discounted vouchers for public transportation such
as MUNI, BART, or Cal-Train. These vouchers are available for purchase
through pre-tax payroll deduction. There is also free shuttle services
between SFGH and 24th St. BART, UCSF, and Mt. Zion.
|
|
Gladstone
is an Equal Opportunity/Affirmative Action Employer. |
