At the KSU Foundation, we realize that employees are our most valuable resource. That is why we are committed to providing a competitive and comprehensive benefit program.
Our total benefits package consists of many programs and aspects including:
Work and personal life balancing
Life and accidental death and dismemberment insurance
Long-term disability income plan
Flexible spending accounts
Employee Assistance Program
Our K-State connection
Health insurance is provided to regular full-time employees (scheduled to work 30 hours per week or more). Employees electing to enroll in the health care benefit plan will participate in a premium sharing program through a payroll deduction if they have qualified dependents they choose to cover. If you choose to enroll in a single plan, it's free for employees.
Dental insurance is provided to regular full-time employees (scheduled to work 30 hours per week or more). Employees electing to enroll in the dental care benefit program will participate in a premium sharing program through a payroll deduction plan if they have qualified dependents they wish to cover. If you elect a single plan, dental coverage is free for the employee.
Ahhh, vacation! You’ll accrue up to 13 vacation days each year if you’re a full-time non-exempt employee with one to four years of service, and it goes up every five years thereafter. Employees who are in a full-time exempt position accrue the equivalent of 20 days of vacation each year.
The KSU Foundation also offers nine paid holidays a year, including New Years Day, Martin Luther King, Jr. Day, Memorial Day, Independence Day, Labor Day, Thursday and Friday of Thanksgiving and Christmas Eve and Christmas Day. Staff also receive an annual discretionary day and paid volunteer leave following six months of service.
To help you balance your career with the rest of your life, we also offer flexible work schedules. You can set your daily arrival time within limits established by your supervisor.
The foundation provides coverage to regular full-time employees (scheduled to work 30 hours per week or more). Eligible employees are provided insurance coverage for life and accidental death and dismemberment benefits in the amount of one and one-half times an employee’s gross annual salary with a maximum of $150,000. Premiums are paid by the foundation. Employees name their beneficiary(ies) at enrollment and may change beneficiaries by contacting the human resources department.
The foundation provides coverage to regular full-time employees (scheduled to work 30 hours per week or more). Each eligible employee is provided insurance coverage for long-term disability. Long-term disability benefits will provide 66-2/3 percent of salary up to a maximum benefit of $7,500 per month. Employees are eligible for benefits on the 181st day of continuous disability. Premiums are paid by the foundation.
Flexible spending accounts are made available annually (January 1) to full-time foundation employees (scheduled to work 30 hours per week or more) and upon hire to new employees. Employees are able to reduce their taxable income by electing to use pre-tax deductions to pay for qualifying medical and dependent care expenses.
If you participate, you will elect to have a specified amount of pre-taxed money deducted from your paycheck each pay period. These dollars are set aside in a reimbursement account. The advantage to participating is that when you contribute pre-tax dollars to a reimbursement account, you lower your taxable income; therefore, you pay less in taxes and increase your spendable income.
The foundation offers a 403(b) retirement plan through TIAA-CREF. All employees who meet the plan’s eligibility requirements are allowed to participate voluntarily in the plan at any participation level. Eligible employees who voluntarily elect to defer 5.5% of their gross eligible compensation are eligible to receive a voluntary 8.5% match from the foundation. Participation in the 403(b) plan is mandatory after an employee has completed two years of eligible service at the foundation. Mandatory participation also requires the employee to defer 5.5% of their eligible gross compensation with an 8.5% match from the foundation. All contributions (voluntary and mandatory) are subject to statutory limitations as determined by the IRS.
The foundation provides an opportunity for eligible employees to participate in a variety of voluntary benefits through the convenience of payroll deduction for payment of premiums. This includes additional life insurance programs, supplemental vision coverage, indemnity plans for cancer protection, personal recovery, accident expense, short-term disability and intensive care insurance. Enrollment is offered annually or upon hire for new employees.
The foundation is genuinely interested in the health and well-being of its employees. The Employee Assistance Program (EAP) is an education, intervention and counseling service designed to help employees with personal problems and concerns affecting their job performance or personal lives. Whether problems are short-term or long-term, the EAP is available to help clarify issues and identify resources that can help.
Employees are covered under the unemployment insurance plan. If an employee becomes unemployed through no fault of their own and is able to work, an application for compensation can be filed with any Job Service Center.
An employee experiencing an accident at work should seek medical attention. The accident must be reported to the immediate supervisor and the human resources department by the employee within three work days. Employees must provide necessary information available to complete the report to receive compensation benefits: time of accident, witnesses, description of accident, etc. More details are available through human resources.
The KSU Foundation is able to offer additional benefits of a non-traditional nature to our employees due to our affiliation with Kansas State University. Read more.