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.