SMG Employee Benefits

Paid Time Off (PTO) Combination of vacation, holidays, personal, and sick days

All full-time and part-time employees (pro-rated for part-time employees)

Years of Service

0 - 4

5 – 9

10+

Days per Year

26

31

36

Accrual begins on date of hire. 

SPD

Premium Holiday Pay

All hourly employees

Hours worked on designated holidays, paid at 1½ times base rate of pay.

First day of employment

SPD

Extended Illness Bank (EIB)

All full-time and part-time employees

3.33 hours per month (pro-rated for part time).  Maximum accrual is 1,040 hours.  Can be used for your own or your family member’s injury or illness lasting 4 or more days.

Accrual begins on date of hire.

SPD

Basic Life Insurance

All employees working .5 FTE and above

Benefit equal to one time annual salary, rounded to next $10,000.  $500,000 maximum without submission of evidence of insurability.

First day of the month following employment unless hire date is first working day of the month

SPD

Basic LTD

All employees working

.5 FTE and above

Benefit equal to 50% of salary ($1,000/month max.) after a 180-day waiting period.

First day of the month following employment unless hire date is first working day of the month

SPD

Basic AD&D

All employees working .5 FTE and above

Benefit equal to percentage of the AD&D Insurance Benefit in effect and is determined by the loss suffered.

First day of the month following employment unless hire date is first working day of the month

SPD

Retirement

All employees

401(k) – Employer 5% base contribution vested 100% after five years. 100% employer match on up to 2% of yearly salary – vested immediately. (Subject to annual IRS limits)

First full period in month after 90 days of employment is reached

SPD

Tax Deferred 403(b) Accounts

All employees

Set aside earnings pre-tax for retirement. Subject to annual IRS limits.

First day of employment

Employee

Swedish Benefit Program

All benefits-eligible employees scheduled to work at least .5 FTE and above

Included benefits are shaded below.

First day of the month following employment unless hire date is first working day of the month

SPD & Employee

Medical Insurance

All benefits-eligible employees scheduled to work at least .5 FTE and above, and their eligible dependents

Medical coverage, including hospitalization and preventive care.  Choices include:

1.             Swedish Advantage (PPO)

2.             Swedish Standard (PPO)

3.     Consumer Choice Plan

4.             Waive Coverage – monthly credit  (must have other group medical coverage)

First day of the month following employment unless hire date is first working day of the month

SPD & Employee

Dental Insurance

All benefits-eligible employees scheduled to work at least .5 FTE and above, and their eligible dependents

Dental coverage including preventive, basic and major services.  Choices include:

1.             Swedish Dental (Washington Dental Service)

2.             Waive Coverage

First day of the month following employment unless hire date is first working day of the month

SPD & Employee

Vision Insurance

All benefits-eligible employees scheduled to work at least .5 FTE and above, and their eligible dependents

Includes benefit for annual eye exam and the purchase of hardware (glasses or contacts - $250 / two years).  Coverage is provided through participation in any of the Swedish medical plans.

First day of the month following employment unless hire date is first working day of the month

SPD & Employee

Supplemental Employee Life Insurance

All benefits-eligible employees scheduled to work at least .5 FTE and above

Group term life insurance for employees.  Can purchase insurance in increments of $10,000 up to 6X annual salary. $350,000 Guarantee Issue.

First day of the month following employment unless hire date is first working day of the month

SPD & Employee

Dependent Life Insurance

All benefits-eligible employees scheduled to work at least .5 FTE and above

Group term life insurance for dependents.  Can purchase insurance for child(ren) of $10,000 and ½ employee’s election for spouse, with $50,000 Guarantee Issue.

First day of the month following employment unless hire date is first working day of the month

Employee

Supplemental

Long Term Disability (LTD)

All benefits-eligible employees scheduled to work at least .5 FTE and above

Option to buy up from company-provided LTD benefit.  Choices include:

1.        60% of salary ($10,000/month max.) after a 180-day         waiting period

2.        60% of salary ($10,000/month max.) after a 90-day waiting period

First day of the month following employment unless hire date is first working day of the month

Employee

Bus Pass Subsidy

All benefits-eligible employees scheduled to work at least .5 FTE and above

50% subsidy of monthly bus pass

First day of employment if prior to 10^th, otherwise first of following month

SPD & Employee

Bereavement Leave

Full and part-time employees

Allows for up to 3 days time off (5 days for extensive travel) in the event of a death of an immediate family member.

First day of employment

SPD

Credit Union

All employees

Membership in SHARE Credit Union.  Services include checking and savings accounts, credit cards, mortgages, car loans, ATM  transactions, etc.

First day of employment

Employee

Employee Assistance Program

All employees and their dependents

Confidential in-house counseling and referral service for employees and their family.

First day of employment

SPD

Jury Duty

Full and part-time employees

Compensation at regular rate of pay for scheduled work hours spent on jury duty; provided court verification is submitted to SPD.

First day of employment

SPD

Tuition Reimbursement

All employees scheduled to work at least .5 FTE and above

Benefit equals 50% of tuition only up to $1000 per calendar year.  Can be used for college/university classes, pass/fail courses, and certificate programs (subject to pre-approval).

After 1 year of employment

SPD