Core Benefits

Insurance and other benefits start on the date of hire for full-time and three-quarter time employees.

Insurances

Retirement pension with TIAA-CREF

Flexible Spending Account options (medical and dependent care accounts)

Paid time off

Exeter tuition for dependents

Continuing education reimbursement (50% tuition and books)

Other benefits (also available to part-time employees)

Insurances

Health (two plans available)
Dental (two plans available)
Group Life (fully paid by Exeter) — Voluntary coverage available for self and dependents
Long Term Disability (fully paid by Exeter)
Short Term Disability (fully paid by Exeter)
Personal Identity Theft (fully paid by Exeter)
Workers' Compensation (fully paid by Exeter)

Retirement Pension with TIAA-CREF

TIAA-CREF (Teachers Insurance Annuity Association & College Retirement Equities Fund) retirement benefits begin at the full-time date of hire, providing an employee is age 21 or older. If an employee is under age 21, the employee will be eligible to participate after one year of employment or when he/she turns age 21, whichever occurs first. Employees are not required to contribute to the retirement plan, but are certainly encouraged to do so. For employees under age 50, the Academy will contribute 9% of salary to an annuity contract. For employees age 50 and older, the Academy’s contribution is 12%.

Flexible Spending Account options

Under this I.R.S. program, employees may choose to tax shelter any or all of the following:
• Medical and dental insurance premiums,
• Unreimbursed medical expenses, and/or
• Dependent care expenses.
By participating in this plan, an employee will reduce his or her taxable income.

Paid Time Off

Paid Personal Leave
Holidays
Vacation

Exeter Tuition for Dependents

Children of staff members who qualify for admission to the Academy are eligible to receive an Academy-only scholarship equivalent to the day tuition at the Academy. An employee must be employed full-time or three-quarter time for two consecutive years to become eligible for tuition remission.

Continuing Education Reimbursement

The Academy will reimburse any full-time or three-quarter time staff member continuing his or her education fifty percent of the costs of tuition and course books. If the supervisor requests that an employee take specific courses of study, the department will incur the full costs of tuition and books for those courses.

Other Benefits (also available to part-time employees)

One meal during work hours at one of the two dining halls
Use of athletic facilities for household members
Employee Assistance Program
Membership in the Seacoast Credit Union
Synergy Health and Fitness group discount
Voluntary group auto and home insurance
Library privileges
Discounts at Exeter bookstore and selected local merchants
Phillips Exeter Academy Community Spirit (PEACS) events
Priority placement and discounted rates at the Harris Family Children’s Center

Disclaimer: This summary of employee benefits is not intended to and does not, in whole or in part, establish or describe contractual rights of employees. The Academy reserves the right to amend all or any part of this summary in any way, at any time, and without advance notice. In the event of any ambiguity or conflict between this summary and the applicable benefit plan or policy, the terms of the benefit plan or policy will govern.

For more information about benefits at Phillips Exeter Academy, please call Human Resources at (603) 777-3395.

Equal Employment Opportunities: The Academy provides equal employment opportunities to all on the basis of merit and without discrimination because of race, color, marital status, religion, gender, age, sexual orientation, veteran status, national origin or physical or mental disabilities which do not prevent performance of essential job tasks. We welcome application by members of all under-represented groups.