2023 SBF Employee Benefits

As we grow, we want to expand our team with passionate individuals who embody the strength, diversity, and innovation of our county. Learn about the benefits of working with the Santa Barbara Foundation.

2023 EMPLOYEE BENEFITS


All employee insurances are effective the first day of the month following the month of hire.

 

Health Insurance  

  • Various Blue Shield plans from which to choose (HMO, PPO). 
  • Foundation contributes to premium for employee (using the specified HMO Plan as a benchmark,  covering this benchmark 100%). 
  • Employees are responsible for paying additional costs associated with coverage for a spouse,  domestic partner, and other qualified dependents.  

Dental and Vision Insurance  

  • Foundation pays the employee premium for both dental and vision. 
  • Employees are responsible for paying additional costs associated with coverage for a spouse,  domestic partner, and other qualified dependents. 

Flexible Spending Account (FSA)  

  • Employee contribution is capped at $2,750 for Medical FSA and $5,000 for the Dependent Care.   

Life/Accidental Death & Dismemberment Insurance (paid for by SBF)  

  • Effective the first day of the month following the month of start date. 
  • Foundation pays for this benefit premium for the employee. 

Short & Long Term Disability Insurance  

  • Paid for by Foundation.

401(k) Retirement Plan – Foundation Match 

  • Effective on the first payroll after hire. 
  • Automatically enrolled at 4% upon hire. 
  • Immediate Vesting. 
  • The Foundation will match the employee’s contribution dollar for dollar up to a maximum of 4% of the employee’s gross salary, on a per pay period basis. 

401(k) Retirement Plan – Foundation Contribution 

  • Effective the first day of the month following one year of employment. 
  • 3-year cliff vesting. 
  • For 2023, the Foundation will contribute 6% (2023) of employees’ gross salary. This amount contributed may change from year to year based on the resources of the Foundation. 

ESI Employee Assistance Program  

  • A confidential service available to assist employees in dealing with concerns within and outside the workplace. 
  • E.g. counseling and financial services. 
  • Additional learning opportunities (L&D). 
  • Supervisor support. 

Holidays  

  • For the entire calendar year in 2023, fourteen (14) paid holidays.  

Sick Time  

  • Each full-time employee receives five days (35 hours) of SICK time to use for qualified reasons, each calendar year. 

Paid Time Off (PTO)  

  • PTO is earned on a per pay period basis and credited to an employee’s PTO bank on the first day of the month following the month that PTO was earned. 
    •  1 – 4 Years = 15 days 
    • 5 – 8 Years = 20 days
    • >8 Years = 25 days

Cell Phone & Internet    

  • Currently, the total allowance per staff person, per month, is $65. This is $30 per pay period. The $65 applies while SBF requests staff to work remotely while the pandemic continues to affect business operations.

Please note, benefits listed are only a summary and are subject to change. Please see Human Resources for more information.  

 

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