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Employee Benefits

  • In addition to their salaries and all of the intangible benefits that come along with working in a positive, Christian environment, Olivet employees are eligible for several benefits.

  • Medical and Vision care are provided through Blue Cross/Blue Shield of Illinois. Dental is provided through UNICARE.

    • Employee pays $40.00/month
    • Any additional dependents on the plan are $225.00/month

    Prescription coverage is provided through Blue Cross/Blue Shield of Illinois. Prescription costs are tiered at $10/$20/35.00 or 20 percent of drug cost. There is a 90-day mail order for prescriptions available, as well at $15/$25/$45 or 20% of drug cost.

    Each employee is eligible to enroll in a Flexible Spending Account (FSA), which is used to pay out-of-pocket health care and dependent care expenses.

    Upon employment, optional Life and AD&D insurance are offered that each employee may purchase.

    Disability insurance pays approximately 60 percent of salary after six months of disability.

    Employee contribution to the retirement plan, as well as ONU’s portion, will start automatically upon employment . Employees can opt out of their contribution if they choose. The employer retirement contribution increases based on a schedule of years of service.

    The University bookstore provides a 25 percent discount on non-sale items and a 10 percent discount on textbooks for employees.

    Leave time is awarded for staff employees, per the following schedule:

    • Vacation: 10 days after one year of full-time employment, 15 days after five years, 20 days after 10 years
    • Sick: 10 days for full-time employment. Pro-rated for partial year.
    • Personal: Two days for full-time employment. Pro-rated for partial year.
    Leave time for faculty members is based on University holidays and breaks.
  • Psalm

    23:6

    Surely goodness and mercy shall follow me all the days of my life; and I will dwell in the house of the LORD forever.