The benefits of ‘being an Eagle’ are many: from retirement savings, fantastic health coverage, to paid time off — but the most exciting benefit for our family is the employee tuition waiver.
The benefit package at Embry-Riddle is robust – from a generous retirement plan to quality health care insurance options, we continually strive to offer highly competitive, comprehensive benefits. Eligible Embry-Riddle faculty and staff enjoy the following benefits of employment:
Embry-Riddle offers a generous 403(b) defined contribution retirement program to allow employees to plan for their retirement.
Employees may establish a retirement account upon date of hire with immediate vesting, and employees may voluntarily contribute a portion of their earnings into the retirement fund.
The University will contribute 6% of the employee’s regular base pay into the employee’s retirement plan as a gift, and the University will also match up to 3.5% of employee contributions, for benefit-eligible faculty and staff working 20+ hours per week.
Upon date of hire, full-time faculty and staff and their spouses are eligible to take up to six Embry-Riddle courses per fiscal year for free. Full-time employees’ unmarried, dependent children up to age 26 may receive 100% tuition waivers for full-time coursework for one undergraduate and one graduate degree. Graduate tuition is taxable.
Tuition Exchange Program (TE)
The TE program provides the opportunity for dependent children of Embry-Riddle’s full-time faculty and staff, employed for three years or more, to attend a participating TE college or university at a significant tuition reduction or at no tuition charge. The TE program is a scholarship opportunity rather than a fringe benefit.
Our Organizational Development team provides ongoing professional development, including the Leadership Institute and Employee Development areas. Our ongoing immersive programs include Emerging Leaders, Practicing Leaders, Individual Contributor Leadership, Practicing Managers and Manager Preparation. We also offer informal mentoring programs, as well as individual coaching.
Embry-Riddle faculty and staff who work 30 or more hours per week are eligible for insurance coverage.
Embry-Riddle offers a Blue Cross and Blue Shield PPO plan to faculty and staff on all campuses (except for in Hawaii and our international locations; see below). This plan includes a prescription drug program. We also offer a second option, a High Deductible Health Plan (HDHP), which is designed to offer affordable premium rates with a robust plan and network through Blue Cross and Blue Shield.
The Florida Health Care Plan is an HMO plan available to faculty and staff at the Daytona Beach or Worldwide Campus headquarters in Daytona Beach. The plan includes a prescription drug program.
Hawaii: Employees working in Hawaii can elect coverage through the Kaiser PPO Medical Plan, which includes dental and vision coverage.
International: Employees working outside of the United States can elect coverage through the CIGNA International Medical Plan, which includes dental and vision coverage.
Dental Insurance is available to faculty and staff through Ameritas (excluding Hawaii and international locations – see Medical Plans above).
Vision Insurance is available to faculty and staff through VSP Choice (excluding Hawaii and international locations – see Medical Plans above).
Health Savings Account
The Health Savings Account is a tax-advantaged savings account that employees use to pay for qualified medical expenses not covered by the High Deductible Health Plan (HDHP), including deductibles, co-pays, prescriptions, vision and dental care. Must be enrolled in HDHP to participate.
Health Reimbursement Arrangement
The Health Reimbursement Arrangement is a tax-advantaged savings account that employees use to pay for qualified medical expenses not covered by the High Deductible Health Plan (HDHP), including deductibles, co-pays, prescriptions, vision and dental care. Must be enrolled in HDHP to participate and meet eligibility requirements for a Health Reimbursement Arrangement.
Flexible Spending Account
Eligible employees may enroll in a pre-tax Medical Expense Reimbursement Spending Account and/or a Dependent Care Expense Reimbursement Spending Account.
On-Site Health Clinics
Daytona Beach-based faculty, staff and their spouses and dependents (6 years of age and older) have the opportunity to receive acute medical care at Embry-Riddle Health Services — Daytona Beach.
Faculty and staff at the Prescott Campus have the opportunity to receive acute medical care at the Embry-Riddle Prescott Health & Wellness Center.
Employee Assistance Program (EAP)
The EAP is a confidential, professional national therapist and counselor network available to employees and their family members 24/7 at no charge. The program offers a myriad of resources on topics such as managing stress, caring for elderly parents, dealing with trauma, navigating life with teenagers and much more. Discounted legal services are available through this program as well.
Eligible employees may participate in additional Personal Accident Indemnity, Hospital Protection or Personal Cancer Indemnity plans through Aflac.
Long Term Care (LTC)
LTC coverage helps pay for long-term care in the event of a prolonged physical illness or disability.
Embry-Riddle offers discounted rates for pet insurance so you can save money while keeping your furry family healthy.
Basic Life Insurance
Basic Life Insurance is provided at no cost to eligible employees and is equal to one times the employee’s annual base salary (rounded up to the nearest thousand dollars).
Employee Supplemental Life Insurance
Eligible employees may purchase additional term life insurance coverage for themselves or their family members through payroll deduction.
Short-Term Disability Insurance
Short-Term Disability Insurance is provided at no cost to eligible full-time employees classified as staff. The plan pays 60 percent of basic earnings to employees who are unable to work due to a disability. The maximum benefit period is 26 weeks.
Employees who are categorized as faculty, issued instructional contracts and normally work under a nine-month academic year, are eligible for up to eight weeks of Faculty Disability Leave. Faculty who are unable to return to work after eight weeks may receive additional disability pay of 60% of basic earnings. The combination of Faculty Disability Leave followed by Short-Term Disability Leave shall not exceed 26 weeks.
Long-Term Disability Insurance
Long Term Disability Insurance begins after the 26th week of Short-Term Disability Leave. The plan replaces 60 percent of gross monthly earnings. Benefits may continue up to age 65.
Faculty, staff and students receive a variety of discounted offerings from our community partners in the following categories:
- Dining: Local restaurants and national chains, plus an on-campus employee meal plan
- Entertainment: Theme parks, sporting events, performing arts and events centers and much more
- Housing: Purchasing homes and renting apartments
- Retail: Car dealerships, Dell computers, pharmacies, pilot equipment and more
- Services: Automobile repair and parts, banks, cell phones, salons, gyms and more
- Travel: Hotels, car rentals, airport parking and more
Plus the following:
- Observation flights: Embry-Riddle employees and immediate family members are permitted to observe as a passenger during flight training activity. Passengers must be at least 16 years old.
- On-site bookstore: 10 percent discounts on ERAU-logoed merchandise including T-shirts, polos, sweatshirts, mugs, hats, etc.
At Embry-Riddle, we know that happy, fulfilled faculty and staff make the best employees. We prefer to show our appreciation for employees by offering a multitude of benefits and events that contribute to work/life balance, including several paid holidays, a shorter workweek for many during the summer, a generous personal leave program and more.
One of the most anticipated benefits our faculty and staff enjoy is our summer schedule. During the summer months, many employees enjoy an abbreviated workweek.
Perhaps just as eagerly anticipated is our break between Christmas and New Year's Day, when our campuses close so we can spend quality time with family. Eligible Embry-Riddle employees receive several paid holidays throughout the year as well.
Staff working 30 or more hours per week and 12-month faculty administrators are eligible for personal leave (vacation, sick leave, bereavement or personal time).
Non-exempt staff positions earn 12 days during the first year of full-time employment.
Exempt positions earn 18 days during the first year of full-time employment.
The rate of accrual of personal leave increases with years of service, with the maximum balance of 240 hours. We also offer the option to transfer leave into a disability pool to supplement pay during disability events.