LRH: Employment Benefits

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Benefits

Facility and Location
We deliver excellent health care in a hospital that is located in the heart of the Iowa Great Lakes region. Our employees enjoy a modern facility with the latest in medical equipment while also enjoying the benefits of small town living coupled with the year-round recreation of a resort community.

Compensation
Lakes Regional Healthcare endeavors to remain externally competitive and internally fair. We continuously monitor wage ranges throughout the healthcare industry and implement increases based on market activity as well as individual merit. Compensation packages may also include education differentials, shift differentials, call back pay, and holiday pay.

Schedule Flexibility
Employees have the opportunity to work on a full-time, part-time, or intermittent basis. We offer a variety of shifts as well as flexibility in accommodating personal needs.

Paid Time Off and Sick Leave Benefits
All employees immediately accrue Paid-Time Benefit (PTB) hours and Short-Term Disability (STD) hours. Accrual rates increase with years of service. Paid-Time Benefit hours may be accrued from year-to year, or sold back to the hospital at the end of each fiscal year. Additional paid time off may include time for jury duty, reserve military training, and bereavement leave.

Health Insurance
Health insurance is available to full-time employees. Insurance is effective the first day of the month following 30 days of employment. Full-time employees also enjoy additional discounts on services and prescriptions received at this hospital.

Dental Insurance
Dental insurance is available to full-time employees and is effective on the first day of the month following 30 days of employment.

Iowa Public Employees Retirement System (IPERS)
Participation in this defined benefit retirement program begins immediately for all employees. In preparation for retirement, employees contribute 4.1% of their gross wages to their retirement accounts, while the hospital adds an additional 6.35% to each employee’s account. Upon leaving the organization, your contributions will be refunded, or if vested (4 years), may be left in the system until retirement.

Training, Continuing Education and Educational Grants
With our mission of providing excellence in health care, staff education is a priority at Lakes Regional Healthcare. Therefore, we require the completion of regular mandatory education and provide continuing educational opportunities within the hospital. In addition, a limited number of educational grants are offered each spring and fall for employees pursuing a formal educational program.

Health and Wellness
Our employee assistance program is a confidential service designed to help employees and their families cope with a wide range of personal concerns including family, legal, financial, emotional, and work-related issues that may affect their daily living. In addition, employees and their family members may take advantage of the workout equipment in our Physical Therapy and Cardiac Rehab departments.

Life Insurance
The hospital provides a term life insurance policy for all full-time employees with a benefit equivalent to each employee’s annual salary(up to $50,000), at no cost to the employee.

Health Care and Dependent Care Spending Accounts
All employees may reduce federal, state, and social security taxes through participation in our section 125 cafeteria plan. Eligible expenses include, but are not limited to, childcare, unreimbursed medical, dental, and vision care.

Investment Opportunities
Tax sheltered annuities IRA's are accepted and can be set up as a paycheck deduction.

Additional Benefits
· Dining Service Discount
· Direct Deposit of Paychecks
· Flu Vaccinations