Benefits and Perks of Working @ Ole Miss
Development Opportunities
Access to Programs
Holidays and Leave Time
Insurance Benefits
Retirement
Development Opportunities
Degrees not required to be job related |
| GED |
$250 |
| Associate's Degree |
$250 |
| Bachelor's Degree |
$500 |
| Degrees that must be job related |
| Eligible Certification/Licenses |
$250 |
Bachelor's Degree |
$800 |
| Master's Degree |
$1,000 |
| Certified Public Accountant |
$1,000 |
| Registered Professional Engineer |
$1,000 |
| Registered Professional Architect |
$1,000 |
| Doctoral Degree |
$1,500 |
| Professional Geologist Registration |
$1,000 |
Access to Programs
- Borrow books from the campus library to be kept up to one year.
- Up to 8 free sessions with the Employee Assistance Program located in the University Counseling Center
- Campus Recreation discounted membership ($65/employee only; $135/family)
- Eligibility to join the Credit Union (located on campus)
- Availability of savings bonds that can be payroll deducted
- Discounted season tickets for football, baseball, and basketball
- Discounts at the University Golf Course
- 10% discount at Ole Miss Bookstore and Rebel Shop
Holidays and Leave Time
- Holidays- Labor Day, Thanksgiving and the day after, Christmas-New Years, MLK, Jr. Day, Good Friday, Memorial Day, and Independence Day
- Leave Accrual for full-time 12 month employees (part-time employees who work one-half time or more will earn on a pro-rata basis):
Major Medical |
| Continuous Service |
Accrual Rate (Monthly) |
| 1 month to 3 years |
8 hours (1.00 day/month) |
| 37 months to 8 years |
7 hours (0.875 day/month) |
| 97 months to 15 years |
6 hours (0.75 day/month) |
| Over 15 years |
5 hours (0.625 day/month) |
Personal |
| Continuous Service |
Accrual Rate (Monthly) |
| 1 month to 3 years |
12 hours (1.5 days/month) |
| 37 months to 8 years |
14 hours (1.75 days/month) |
| 97 months to 15 years |
16 hours (2.00 days/month) |
| Over 15 years |
18 hours (2.25 days/month) |
- Faculty members who work on a 9 month basis do not accrue personal time but do accrue Major Medical Leave on the following schedule:
Major Medical |
| Continuous Service |
Accrual Rate (Monthly) |
Accrual Rate (Annually) |
| 1 month to 3 years |
13.33 hours/month |
119.97 hours/year |
| 37 months to 8 years |
14.20 hours/month |
127.80 hours/year |
| 97 months to 15 years |
15.40 hours/month |
138.60 hours/year |
| Over 15 years |
16.00 hours/month |
144.00 hours/year |
Insurance Benefits
- Pre-tax Benefits
- Health Insurance
- Dental Insurance
- Cancer/Dreaded Disease
- Accidental Death and Dismemberment
- Flexible Spending Accounts (Medical Reimbursement and Dependent Care)
- Retirement
- Deferred Compensation
- After-tax Benefits
- Group Life
- Supplemental Life
- Long-term Disability
Retirement
- Public Employees' Retirement System (PERS)
- Mandatory, defined benefit plan
- 7.25% employee contribution, 11.30% employer contribution
- Vesting after 4 years
- Optional Retirement Plan (ORP)- Available to teaching and administrative faculty members, coaches, librarians with academic rank, administrators with budgetary authority, postdoctoral research associates, and research scientists.
- Defined contribution plan
- Retirement Benefit based on investment performance
- Contribution (% of Gross up to $150,000)
- Employee- 7.25%
- Employer- 11.30% (8.25% to individual fund)
- Pre-taxed
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