Total Rewards Statement | More than Just a Paycheck

Your Total Rewards

More than just a paycheck.

View Statement

Introduction

Well beyond the number you see on your paycheck.

Dear John,

Every day, you show your commitment to the success and well-being of Harper Valley School District’s students. In the same way, the District makes a commitment to provide you with a compensation and benefits package that goes well beyond the number you see in your paycheck.

This Total Rewards statement details the comprehensive benefits, programs, and rewards that the Harper Valley School District invested in you in the past year. From sponsored medical and income protection coverage to a generous retirement plan, these benefits are an important part of your compensation and make HVSD a special workplace.

Thank you for your continued effort toward making a positive impact in the lives of students and families we serve.

Tim Sullivan
Director of Human Resources

Your Total Rewards

Cash Compensation

Healthcare

Income Protection

Retirement

YOUR TOTAL COMPENSATION FOR 2020:
$97,496

Overview

SALARY

Your SALARY was $62,606 as of December 31, 2020.

BONUS/INCENTIVE

Your received $10,634 in a bonus and incentives.

MEDICAL

Harper Valley contributed $4,424 toward your Employee + Family Premium PPO plan.

DENTAL

Harper Valley contributed $538 toward your Employee + Family dental plan.

VISION

Harper Valley contributed $63 toward your Employee + Family vision plan.

LONG-TERM DISABILITY

Harper Valley contributed $114 toward your Long Term Disability. You are covered at 50% salary for up to 6 weeks.

SHORT-TERM DISABILITY

Harper Valley contributed $285 toward your Short Term disability. You are covered at 100% salary for up to 2 weeks.

LIFE COVERAGE

Harper Valley contributed $97 toward your life coverage. Your life coverage amounts to $100,000.

401(k)

Harper Valley contributed $2,983 toward your 401(k). Your estimated Accrual at age 60 is $463,175

PENSION

Harper Valley contributed $5,362 toward your pension.

AD&D

Harper Valley contributed $936 toward AD&D coverage.

SOCIAL SECURITY/MEDICARE

Harper Valley contributed $9,247 toward Social Security and Medicare.

How much did you get from Harper Valley?

Cash Compensation

Healthcare

Income Protection

Retirement

Cash Compensation

Your cash compensation is more than just your base pay. Cash compensation is defined as all cash payments earned by an employee during a year.

$62,606

Salary

$7,634

Award

$3,000

Incentive

Total Cash Compensation

$73,240

Paid Time Off

In addition to the cash compensation you received in 2020, you accrued 208 PTO hours.

Health Benefits

Harper Valley offers health benefit plans to help cover the cost of preventative, routine, and more serious care for you and your family.

Medical

Employee + Family

You enrolled in the Unum Premium Plan which costs $5,175 annually. Harper Valley covers $4,424.

Vision

Employee only

You enrolled in the Unum Premium Plan which costs $115 annually. Harper Valley covers $63 of the cost.

Dental

Employee + Family

You enrolled in the Unum Premium Plan which costs $716 annually. Harper Valley covers $538 of the cost.

Harper Valley's contribution to your Healthcare:

Your well-being is important to us!

That’s why we provide a wellness program to all employees

FIND OUT MORE

Income Protection Benefits

Harper Valley provides several income protection plans to ensure you and your family are covered in the event of your disability or death.

Harper Valley's
Total Contribution
To your Income Protection:
$1,612

Required Benefits

Every year you and Harper Valley contributes to the Social Security and Medicare programs. These programs are designed to provide monthly income and medical benefits when you retire. This year Harper Valley Contributed $9,247 toward social security and medicare costs.

HARPER VALLEY'S CONTRIBUTION TO YOUR
INCOME PROTECTION BENEFITS & MANDATED BENEFITS:
$10,859

Retirement Benefits

Harper Valley contributes to a 401(k) and pension to help you prepare for retirement

401(k)

Harper Valley offers a matching contribution to your 401(k) in the amount of 100% of the first 6% of eligible compensation.

$2,983 - Harper Valley's contribution to your 401(k)

Pension

$49,651 is your estimated accrued annual pension benefit based on your service and pay as of December 31, 2020, payable at age 65 for your lifetime from the Pension Plan of Harper Valley.

$5,362 - Harper Valley's contribution to your 401(k)

You are missing an opportunity to maximize your retirement savings. By increasing your contribution to 6%, you will receive the full company match. Click here to increase your contribution

- 401(k) Account Balance -

$133,455

HARPER VALLEY'S CONTRIBUTION TO YOUR RETIREMENT:
$8,345

Employee Perks & Services

Harper Valley provides all of its employees valuable benefits to help make Harper Valley a great place to work.

Dependent Care FSA

The DFSA enables you to pay for qualified dependent care expenses with pre-tax dollars up to maximum of $5,000.

Health Care FSA

The HCSA allowed you to contribute up to $2,500 per year on a pre-tax basis.

Wellness Program

Free flu-shot, cholesterol, glucose and blood pressure screenings

Other Perks

Weight Watchers, Office Yoga, Employee Assistance Program, MBA Program, and Annual Scholarship Program