Employee Benefits

Employment at DeVry offers the following to regular full-time employees with most requiring some employee contribution:

Retirement Plan

  • 401K Profit Sharing Plan

Employee Stock Purchase Plan

  • Payroll deduction plan for purchase of Company Stock

Medical Benefits

  • Indemnity PPO
  • EPO (HMO)

Dental Benefits

  • Indemnity
  • CIGNA Dental Health

Personal Accident Insurance

  • $10,000 to $500,000 (limited to 10 times annual salary for amounts over $250,000) employee or family coverage

Short Term Disability

  • 60% income replacement after one week wait when disabled temporarily
  • May pay up to 6 months for temporary disability

Long Term Disability

  • 60% income replacement after 180 days when disabled for a lengthy period
  • May pay to age 65 or beyond if older than 60 when disabled

Long Term Care

  • Nursing home care for employee and/or spouse

Life Insurance

  • Company paid (Free Life) - 1x annual earnings
  • Contributory Life - 1, 2 or 3x annual earnings
  • Dependent Life - $3,000 or $5,000 coverage for each eligible dependent

Flexible Spending Accounts

  • Health Care (pre-tax savings)
  • Dependent Care (pre-tax savings)

Tuition Assistance

  • After 120 days of employment, regular Full-time employees and their dependents may attend DeVry tuition free

Tuition Reimbursement

  • After one year of employment, regular Full-time Staff may receive up to $2,000 per year tuition reimbursement and Full-time Faculty may receive $3,000 per year tuition reimbursement for course completion at accredited institutions

Credit Unions

  • Corporate America
  • Dallas Teachers Credit Union

Business Travel Insurance

  • Amount of coverage is determined by insurance class.

Signature Group Legal Care

  • Provides benefits for legal needs with a network of attorneys for employee and family.

Vacation

Faculty

4 weeks per year

Staff

First 5 years - Two weeks per year

5 through 15 years - Three weeks per year

15 years or more - Four weeks per year

Holidays

  • 11 paid holidays annually

Personal/Sick Pay

  • 48 hours annually

U.S. Savings Bonds

  • Employees are eligible to purchase U.S. Savings Bonds through after-tax payroll deductions. Minimum payroll deduction is $5.

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