Benefits at a Glance

HEALTH CARE BENEFITS

Regular employees working 30 hours or more per week are eligible.

You are eligible to enroll in coverage if you are appointed on a regular appointment at least 30 hours per week.   PAIRE contributes toward the cost of your health care benefits.   You have medical, dental and vision plans from which to choose coverage. You may cover yourself and your eligible spouse or domestic partner and children.

• Medical Benefits
  You have a choice of Health Maintenance Organizations (HMO) or Preferred Plan Provider (PPO) insurance plans.
• Dental Benefits
  Group dental insurance is included with any employee medical plan enrollment.
• Vision Benefits
  Group vision insurance is included with any employee medical plan enrollment.
  

FLEXIBLE BENEFIT PLANS

• Health Care Flexible Spending Account (FSA)
• Dependent Day Care Flexible Spending Account (FSA)
• Pre-Tax Commuter Benefits
  

OPTIONAL PLANS

• Optional Vision Service Plan
• Optional Term Life Insurance

• Optional Accidental Death & Dismemberment Insurance

• Optional Long-Term Disability Insurance

• Optional Delta Dental Plan
  

FINANCIAL SECURITY

• Group Term Life
  PAIRE provides $10,000 of Life and Accidental Death & Dismemberment insurance for eligible employees.
  

PAIRE RETIREMENT PLAN

Regular employees are eligible

• PAIRE Retirement Plan-401(k)
  All Regular (not Temporary) employees may begin deferring salary to the PAIRE 401(k) Plan from the first day of employment.
• Matching Contribution*
  Beginning with the first pay period in the month following your first year of PAIRE employment, any salary deferrals you make to the 401(k) plan will be matched 100% (up to 5% of compensation).
• Retirement Contribution*
  In addition to any Matching Contribution for which you may qualify, after one year of employment PAIRE will automatically begin to contribute an amount equal to 5% of your compensation each pay period.   *Employees hired directly from Stanford due to grant transfer are immediately eligible for match & pension.   Postdocs are eligible to defer only.
  

TIME OFF

Regular employees are eligible

• Vacation**
  If eligible, you will accrue vacation time based on hours paid each pay period.   Accrual rate depends on length of service. Vacation hours are a vested benefit.
• Sick Leave
  If eligible, you will accrue sick leave based on the hours paid each pay period.   Sick leave accrues at 5% of total hours.   Sick leave is not a vested benefit.

Note: Postdocs don’t earn leave; must arrange time off with PI.

**Employees with prior Federal, military, VA-non-profit or hired directly from Stanford due to grant transfer may receive credit towards leave group upon verification.

HOLIDAYS

Regular employees working 20 hours or more per week are eligible.

PAIRE follows the Federal holiday schedule, including any day declared a holiday by the President of the United States of America.

PAY , HOURS & LEAVE

Pay periods are semi-monthly from the 1st through the 15th and the 16th through the last day of the month.

Regular paydays generally fall on the 7th and the 22nd of the month.

PAIRE offers the following, if eligible:

• Jury Duty
• Bereavement Leave
• Family Medical Leave
• Pregnancy Disability Leave
• State Disability & Paid Family Leave –insurance programs.

ADDITIONAL BENEFITS:

Partnered with MetLife and AFLAC, these optional products and services are offered to employees at group rates:

• Supplemental Insurance through AFLAC
• Health and Healing Card
• Group Long-Term Care Insurance
• Group Legal Services Plan
• Group Auto and Home Insurance
• MetBank Banking Services
• Veterinary Pet Insurance
  

OTHER SERVICES:

The following services are available to all employees:

• Work/Life Solutions Counseling
• Wage Works – pre-tax commuter benefit
• Theme Parks, Hotels, and Other Entertainment/Shopping Discounts
• Credit Union Membership
  

TRINET EMPLOYER GROUP

PAIRE has a co-employer relationship with TriNet Employer Group, www.trinet.com.