Retirement Savings Benefits
St.
Luke offers a tax-sheltered annuity program for part- and full-time
employees. Contributions are made through payroll deductions, which are
made on a pre-tax basis. St.
Luke provides matching contributions after one year of service.
As an employee’s tenure increases, the amount of matching
contributions increases as well.
Employees
have many investment choices and are never charged any type of service
fees while employed. Our
program is provided and managed by Lincoln National Life Insurance
Company. Lincoln is a leader in the retirement savings industry and
provides employees with investment counseling and information.
Employees may enroll at any time during a quarterly enrollment
period.
Group Medical Benefits
We
know that employees are concerned about medical benefits.
Health Care costs are rising and employers are cutting back on the
medical benefits that they offer to their employees.
St. Luke believes that employees deserve quality medical coverage.
Single and family
coverage is available and all premium charges are done through payroll
deduction on a pre-tax basis. Medical,
dental, vision and prescription benefits are available under this plan.
The deductibles are lower than the national average and the network
of providers is extensive. The
program is structured as a Preferred Provider Organization (PPO), which
means employees have a choice as to their medical providers.
Full time employees become eligible for coverage after 60 days of
continuous employment.
Life
Insurance and Short-Term Disability Benefits
These
benefits are offered to all full time employees at no cost.
The life insurance provides a $15,000 basic policy and the
disability provides coverage for up to 26 weeks.
Voluntary Benefit Program
We
realize that employees make benefit choices based upon what is important
to them and the needs of changing lifestyles.
That is why St. Luke provides a voluntary benefit program of which
most full- and part-time employees can take advantage. A variety of benefits such as: additional life insurance,
accident insurance, additional disability insurance and cancer insurance
are offered. Employees have
the opportunity to take advantage of group premium discounts and payroll
deductions for premiums.
Vacation Benefits
All
employees are eligible for paid vacation benefits after one year of
service. The amount of
vacation time depends on the number of hours worked throughout the year.
As an employee’s tenure increases, the amount of vacation time
also increases.
Paid
Time Off Days
Employees
earn 8 hours of paid time off for every 208 hours worked.
This time can be taken as scheduled time off, used for sick time,
cashed in for dollar values or accumulated from year to year.
Our employees have the opportunity to earn 10 paid days in
addition to any earned vacation each year.
Paid Holidays
We
realize that employees want to be with their families during holiday
times. In order to fulfill
our mission, we ask that each employee work 5 holidays per year. When employees work on holidays, they earn time and a half
while working. On the
holidays when employees are not required to work, they receive paid time
off. Employees are eligible for 5 paid holidays each year.
Other Benefits
