This list is meant to be a brief summary of the benefits available to PHCS employees.

PHCS offers its employees the opportunity to participate in a variety of important and a comprehensive benefit plans, including group medical and dental insurance, life insurance, disability insurance, paid time off, flexible spending accounts, tuition reimbursement, 401(k) among othersand much more. A brief summary of each benefit is included below.

Below is a brief summary of the benefits available to PHCS employees.

¨ Paid Time Off (Vacation, Sick Time, Personal Time Off) Employees accrue 165 hours per year; equivalent to 22 days based on our standard 37.5 hour per week pay period. After 5 years of service, employees accrue 202.5 hours per year; equivalent to 27 days. Maximum PTO accrual is 225 hours. Generous Cash Out provisions are available.

- PTO accrual is as follows (based on our standard 37.5 hour work week):

Years of Service PTO Accrual
0-5 years 165 hours (22 days)
5+ years   202.5 hours (27 days)

- Maximum PTO accrual is 225 hours.

-    Generous cash out policy.

- Pro-rated for employees working less than 37.5 hours.

¨ Holidays
Nine per year - New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, day after Thanksgiving, Christmas Day and two holidays selected prior to the beginning of each year.

¨ Health Insurance
Choice of Preferred Provider Option or Point of Service Option for a family or individual, which includes prescription coverage. Premiums are paid through payroll deduction on a pre-tax basis.

¨ Dental Insurance
Individual or family coverage for preventative care, minor and major restoration and orthodontia. Premiums are paid through payroll deduction on a pre-tax basis.

¨ Vision Insurance
Basic vision is provided with the additional choice of two low cost, employee paid supplemental vision care plans through Youdecide.com

¨ 401(k) Retirement Plan
Pre-tax payroll deduction to your own a retirement account. Choice of fifteen investment options administered by Fidelity Investments. Company match of 100% of first 3% of eligible contributions up to regulatory maximum contribution.

¨ Flexible Spending Account (FSA): – Dependent Care
Pre-tax payroll deduction to reimburse employees for eligible dependent care expenses.

¨ Flexible Spending Account (FSA) – Medical and Dental Expenses
Pre-tax payroll deduction to reimburse employees for eligible out-of-pocket medical and dental expenses.

¨ Life Insurance
Company paid life insurance equal to two times annual base salary.

¨ Optional Life Insurance
Additional employee paid life insurance options for the employee, spouse and/or dependent children.

¨ Tuition Reimbursement
Reimbursement for college courses, CEU programs required to maintain a professional license and certain certificate programs. Maximum annual reimbursement is $6,000 per year for graduate school, $3,500 for undergraduate programs and $2,000 for eligible CEU courses. Some tuition reimbursements may be subject to taxes in accordance with IRS regulations.

¨ Disability Insurance – Short Term (STD)
65% salary replacement for qualified short-term illness/accident for up to 13 weeks following a two week waiting period. 100% company paid.

¨ Disability Insurance – Long Term (LTD)
60% salary replacement program for qualified long-term illness/accident after STD is exhausted. 100% company paid.

¨ Employee Assistance Program (EAP)
24-hour hotline for assistance in dealing with issues related to stress, finances, work, family, etc. Coverage includes up to three meetings with a counselor as required to providing counseling and assistance to the employee and to family member(s). 100% company paid.

¨ Accidental Death and Dismemberment Insurance
Two times annual salary, rounded to the nearest thousand. 100% company paid.

¨ Business Travel Accident Insurance
Additional life insurance covers up to $250,000. 100% company paid.

¨ Credit Union
Automatic payroll deduction to the Metropolitan Credit Union. Membership includes many preferred programs, such group auto insurance and discounts on new and used cars.

¨ OnSite -site fitness center (Waltham MA)
Full-service exercise facilities. Membership discounts given to PHCS employees.