The value of employment at ETSU goes far beyond salary. As a potential employee, you will enjoy a full range of benefits, services and programs. Total compensation includes annual salary, a generous annual and sick leave program, 13 paid holidays, health and life insurance, retirement, 401(k) and more. This calculator provides prospective employees with an illustrated breakdown of total compensation. To see the total estimated value of salary and benefits, simply click the calculator icon above, choose the appropriate job type, fill-in an annual base salary, select a health plan coverage and retirement plan, and click the "Calculate" button.
The university provides two types of non-contributory (no contributions by the employee) retirement to choose from:
a. The Tennessee Consolidated Retirement System - a defined benefit plan where the total years of experience and the highest five consecutive years' salary is used in the computation of the retirement benefit. It has a five-year vesting requirement. All regular full-time and regular part-time employees are eligible for this plan.
b. The Optional Retirement Plan - an annuity plan in which 10 percent of the employee's salary up to the social security wage base and 11 percent on the salary above the social security wage base is sent to the annuity of choice. All regular full-time and regular part-time faculty and administrative employees are eligible for this plan. There are three vendors VOYA Financial, TIAA-CREF, and VALIC. The employee can participate in one, two, or all three and can transfer between companies.
On-Line Calculators Simplify Retirement Planning:
You can now calculate your future social security benefits, TCRS benefits, and Deferred Compensation benefits for 401(k) and 457 plans in just a few minutes using the calculators on the Internet.
All employees working a minimum of 30 hours per week are eligible to participate in the State of Tennessee Group Insurance program -- Blue Cross Blue Shield PPO option (http://www.bcbst.com/members/tn_state/) or Cigna PPO Option (http://www.cigna.com/sites/stateoftn/index.html). The program provides health, basic term life, and basic special accident insurance for the employee and his/her dependents. Premiums are paid 80 percent by the university and 20 percent by the employee.
Basic Life Insurance and Special Accident Insurance
We provide, at no cost to every employee, $20,000 of basic term life insurance and $40,000 of basic special accident insurance. If you are enrolled in health insurance, your coverage increases with your salary up to: $50,000 for term life insurance and $100,000 for AD & D insurance. Coverage also extends to eligible dependents. Optional special accident insurance coverage is available on an employee paid basis for employees and eligible dependents. More information is available on the Benefits Administration's Life Insurance webpage.
Dental Insurance, Optional Special Accident, Long Term Care, Optional Term Life, Aflac, vision, and long-term disability. A flexible benefits plan is also provided.
Twelve-month faculty and executive/professional/administrative staff earn 2 days annual (vacation) and 1 day of sick leave monthly. Regular full-time clerical and support personnel earn 1 day of sick leave monthly, and accrue annual leave (1-2 days monthly) based upon years of service. Nine-month faculty earn sick leave. Participation in a faculty and/or non-faculty sick leave bank is optional. Additional information on leave programs can be found under Personnel Policies and Procedures :
|ETSU Personnel Policy 14 - Days of Administrative Closing|
|ETSU Personnel Policy 17 - Annual Leave|
|ETSU Personnel Policy 18 - Bereavement Leave|
|ETSU Personnel Policy 19 - Civil Leave|
|ETSU Personnel Policy 20 - Holidays|
|ETSU Personnel Policy 21 - Leave of Absence|
|ETSU Personnel Policy 22 - Parental Leave|
|ETSU Personnel Policy 23 - Military Leave|
|ETSU Personnel Policy 24 - Sick Leave|
|ETSU Personnel Policy 38 - Faculty Sick Leave Bank|
|ETSU Personnel Policy 39 - Non-Faculty Sick Leave Bank|
|ETSU Personnel Policy 46 - Family and Medical Leave|
|ETSU Personnel Policy 47 - Transfer of Sick Leave Between Employees|
|ETSU Personnel Policy 49 - Voting Leave|
|ETSU Personnel Policy 52 - Educational Leave|
|ETSU Personnel Policy 56 - Disaster Relief Service Leave|
|ETSU Personnel Policy 69 - Volunteer Firefighter Service Leave|
The university is committed to the need for the continued professional growth and development of staff and faculty, and considers support for educational expenses of employees an important vehicle for addressing that need. The specific educational programs available to employees include:
Forms can be found at the Human Resources Forms webpage. Detailed descriptions of educational programs and various scholarship programs are available for both employees and dependents (see Personnel Policies and Procedures 13 Educational Benefits).
|Concerned about saving to meet the costs of your child's higher education? Discover how you can save with the TN Stars, the State of Tennessee's 529 program. For additional information: http://www.tnstars.com/.|
There are 13 official university holidays (see ETSU Holiday Schedule).
A longevity pay plan is in place to reward state employees for extended full-time service to the state, subject to yearly positive action by the State Legislature. Upon completion of 36 months of service, regular full-time employees are eligible to receive the current established rate of $100 per year of service, not to exceed $3,000 (see Personnel Policies and Procedures 15 Longevity Pay).
For more information about other Benefit Programs, call 423-439-6126.