Fairview offers total rewards to fit your life. We know you and your family have different personal and financial health needs at different stages in life. Employees authorized 48 or more hours per pay period enjoy a wide range of both traditional benefits and leading-edge rewards. You will enroll online at the time of hire and each year during Open Enrollment. During enrollment, you will make choices for medical, dental and vision insurance, health care and dependent care spending accounts, life insurance, and much more.
You have nine coverage levels to choose from for life and accidental death and dismemberment insurance: $10,000, $50,000, or an amount equaling one to seven times your salary. Coverage is effective the 91st day of employment. Optional life insurance can be purchased for your spouse and children. Coverage is subject to benefit reductions after age 70.
Short-Term Disability Insurance: You choose between a benefit equal to 50 percent of your weekly earnings to a maximum benefit of $3,000 per week, or 65 percent of your weekly earnings to a maximum benefit of $5,192 per week. Coverage begins after seven calendar days of disability and is tax-free.
Long-Term Disability Insurance: You choose between a benefit equal to 50 percent of your monthly earnings to a maximum benefit of $16,000 per month, or 60 percent of your monthly earnings to a maximum benefit of $22,500 per month. Long-term disability coverage begins after 180 calendar days of disability and is tax-free. Own occupation/own specialty coverage is available.
Employees authorized to work 48 to 59 hours per pay period have the option to waive short-term and long-term disability coverage.
All employees are eligible upon hire to contribute to a tax-deferred 403(b) or 401(k) retirement savings plan with Fidelity Investments. This includes casual-status employees who would normally not be eligible for benefits. New hires will be automatically enrolled into the tax-deferred option at a three percent contribution level on the first pay date following 30 days of employment. Employees may opt-out of this automatic enrollment or change their contribution amount by contacting Fidelity at 1-800-343-0860 or www.netbenefits.com/Fairiew. Any contributions made cannot be refunded.
Effective Jan. 2019, a Roth deferral option is being added to the 403(b) and 401(k) plans. The Roth option allows you to contribute after pre-tax dollars to your account at Fidelity and make potentially tax free withdrawals in retirement.
In addition, Fairview will match employee contributions on a per pay period basis. Eligibility is immediate. Any contribution an eligible employee makes, up to six percent, of their compensation will be matched at 50 percent. This means you could earn an additional three percent matching contribution from Fairview (for a total of up to six percent employer contribution) if you contribute six percent or more to your retirement plan.
Eligible employees authorized to work 48 or more hours per pay period earn paid time off (PTO) hours. Compared to traditional vacation and sick programs, Fairview’s PTO program provides employees more choice in when and how to use time off. PTO hours are used for both scheduled time off (planned and scheduled in advance), as well as unscheduled time off (unexpected time off, such as illness or family emergency). During Open Enrollment, you may choose to convert some of your PTO to cash to increase your take-home pay.
All Fairview employees are covered by Fairview’s professional liability coverage while performing assigned duties for Fairview. The insurance is automatic and starts on the employee’s first day of employment. If an individual leaves Fairview employment, coverage remains in place for any claims that may be made after employment has been terminated for acts or omissions that occurred during the individual’s period of employment. Fairview pays the premium for this post-employment coverage.
Fairview will pay all fees for licenses and registrations that are required in order for physicians to be licensed, gain hospital privileges or prescribe medications. Examples include hospital dues, DEA registration, and Minnesota license fees.
For benefit-eligible employees, Fairview reimburses adoption expenses up to $2,000 per adoption, per household. Reimbursement is paid upon finalization of the adoption.
Continuing medical education is a calendar year benefit and is prorated for employees starting employment mid-year.
You will receive an annual dollar allotment for approved expense reimbursement and may accrue paid time off (prorated for part-time employment and mid-year start).
If you are employed half-time or less, you will receive a minimal dollar allotment, but no time off.
Employees working at least 48 hours per pay period, may receive reimbursement for up to 100 percent of the cost of tuition and books, up to $3,000 annually. Employees must agree to work at Fairview for one year after completion of course work.