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Benefits

What We Offer Our Employees

The Potomac School has a long-standing commitment to providing high-quality employee benefits and programs that meet the needs of our school community. We are proud of the opportunities and advantages we offer to our faculty and staff members.

We provide competitive salaries, excellent benefits, and a dynamic professional development program.

A Robust Benefit Package

Benefit Description
Health Insurance Currently, the school offers two health plans (Open Access Plus-HRA Health Reimbursement Account and the HSA Health Savings Account).
Dental Insurance Currently, the school offers two dental plans (PPO Dental and HMO Dental).
Domestic Partner Health & Dental Benefit Health and dental same-sex domestic partner benefits are available.
Early Retiree Health & Dental Benefits Employee and spouse/partner coverage are available at half the cost. Must meet eligibility requirement.
Retirement Plan The employee is eligible to join the school's retirement and savings plan. If the employee contributes a minimum of 5% of their base salary, the school will contribute 7% of the base salary for the first five years, 8% at the beginning of the sixth year, 9% at the beginning of the 11th year, 10% at the beginning of the 16th year, and 11% at the beginning of the 21st year.
Tuition Remission Full-time faculty and full-time staff (there is a two-year waiting period for staff) who have children or dependents enrolled at the school are eligible to receive 50% tuition remission.
Life Insurance The school pays the premiums for term insurance equal to twice the employee’s base salary.
Long-Term Disability The school pays the premiums on a long-term disability policy for the employee. After 90 days of illness, employees receive 60% of their monthly pay for as long as they meet the definition of “disabled,” not exceeding age 65.
AD&D The school pays the premiums for accident, death, and dismemberment insurance.
Short-Term Disability The school pays the premiums on a short-term disability policy for the employee. STD benefits will begin after 14 calendar days of partial or total disability, and continue for up to 11 weeks, as long as the employee remains disabled. If the employee is totally disabled, the plan will replace up to 60% of their earnings to a maximum of $2,500 weekly. If the employee qualifies for partial disability benefits, the plan will pay a pro-rated benefit based on their loss of earnings.
Flexible Spending Account Employees can elect to have designated salary amounts deducted from their pay for dependent care, medical premiums and medical expenses (not covered by the school’s health plan). This salary reduction will reduce taxable income and provide greater take-home pay. Amounts are held in an account for each employee and reimbursed through WageWorks.
Continuing Education The school encourages faculty and staff to enroll in continuing education related to their specialization. Tuition assistance is available to employees wishing to take classes. Please review the employee handbook for further information.
Summer Curriculum/Enrichment Grants Grant funding is available for the financing of summer projects for the enrichment of the faculty and overall benefit of the Potomac community.
Discounted Summer Programs Full-time faculty and staff may send their children to Potomac’s summer camp for a discounted rate.
Discounted Extended Day Program Faculty and staff with children who attend Potomac and wish to send their children to Extended Day care on school grounds after the school day is over may send their children to the program for free two days each week.
Lunch Programs Employees may choose between two lunch programs offered by the school. They may eat either in the Upper School Dining Room or in the Lower/Middle School Dining Room, both at a discounted rate.
Abundant Vacation Time Vacation is provided to staff members.
Sick Leave Full-time employees earn one day of sick leave per month for a total of 10 days per year. Sick leave may be accrued to a maximum of 30 days. Sick leave is earned on a pro-rated basis for part-time employees.
Liberty Mutual Discount Through Potomac’s partnership with Liberty Mutual, employees are eligible for discounted rates on auto and home insurance. The premiums are payroll deducted.
Corporate Gym Memberships Through Potomac’s partnership with local gym Sport & Health, employees are offered discounted rates on gym memberships.
Healthy Work Environment Potomac offers a variety of wellness benefits for all employees. Faculty and staff also have access to on-site exercise facilities, tennis courts, and smoke-free facilities.

Transparency in Coverage - Required Information

https://www.cigna.com/legal/compliance/machine-readable-files

The above link will lead to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.