Recruiting Excellence


Benefits

At the UC Foundation we understand the importance of providing both a desirable work environment as well as benefits that provide our employee’s peace of mind and work/life balance. The benefits described below are offered to eligible full-time employees. 

Health:

We offer both a traditional PPO and High Deductible Health Plan (HDHP) in which employees may elect to cover themselves, a spouse and/or any dependent children up to the age of 26. In conjunction with our health insurance, we have a wellness program which provides employees with the opportunity to earn reduced health insurance rates, as well as, provides wellness coaching and funds towards health & wellness memberships and equipment! Additionally, our employees have the opportunity to open and contribute on a pre-tax basis to a Flexible Spending Account or Health Savings Account. 

Dental & Vision Insurances:

Employees can elect dental or vision insurance coverage. Our vendors for both have an extensive network of providers as well as out of network benefits .

Life Insurance:

We provide employer paid life insurance and AD&D insurance equivalent to ½ the employee’s annual salary rounded up to the nearest $1,000. In addition, employees may purchase supplemental life and AD&D policies for themselves, their spouses and/or dependent children. 

Long Term Disability:

Employees are provided this coverage at no cost to them as UCF pays 100% of the premium. 

Retirement:

We participate in the Teachers Insurance and Annuity Association (TIAA). Employees are eligible on their date of hire to participate in a defined contribution 403(b) with employer match. We contribute a 1:1 match of up to 10% of your base pay to your account for which you are fully vested immediately. To receive the Foundation contribution, the employee must contribute a minimum of 3% and we do not match more than 10% of your base pay (contribution levels are subject to IRS regulations). Employees have the option of making pre-tax or Roth contributions to their retirement accounts. 

Time Off from Work:

Vacation: Staff accrue 20 days per year.

Sick time: Staff accrue 15 days per year.

Holidays: UCF has 11 holidays per year including New Year’s Day, Martin Luther King Jr. Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Veteran’s Day, Thanksgiving, the day after Thanksgiving, Christmas’s Day and an additional Christmas holiday which varies each year and is determined by UCF.

Seasonal Days: UCF recognizes seasonal days at the end of each calendar year. This time off occurs around the Christmas and New Year’s holidays. The specific dates vary each year depending on the holiday schedule.

Parental Leave: UCF provides up to 12 weeks of paid leave to both birthing and non-birthing parents for the birth or placement of a child age 17 years old or younger

Tuition Remission:

Employees, their spouses, and unmarried dependent children are eligible to participate in the Foundation's tuition remission program for The University of Cincinnati within program guidelines and excluding College of Law, Medicine and Pharmacy.

This summary provides a highlight of the plans offered by the UC Foundation and in no way serves as the Summary Plan Description or plan document for the plans. If any discrepancies exist between this summary and the plan documents, the plan documents shall govern. We reserves the right to modify any of these plans at any time.

 

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