Fringe Benefit Summary for Faculty
The information below provides a fringe benefit summary for faculty positions. Some benefits apply only to tenure-track/tenured faculty or full-time visitors. Links will take you to webpages with more information. Please contact the Office of the Dean of Faculty with any questions.
All continuing faculty and full-time visitors are eligible to apply. The Faculty Grants Committee awards funds in support of research or creative activities. Please visit the committee's website for more information on the type of funding available, how to apply and deadlines for proposals. There are three deadlines each academic year; faculty may only be awarded one grant of each type per year.
Sabbatical Leaves (Tenure-track and Tenured Faculty Only)
For assistant professors prior to receiving tenure, a one-semester sabbatical at full salary after six semesters of full-time teaching and a successful reappointment review.
For associate professors after receiving tenure, a one-semester sabbatical at full salary after six more semesters of full-time teaching and a successful tenure review.
Thereafter, a one-semester sabbatical leave at full salary after eight semesters of full-time teaching (or a year-long sabbatical leave after sixteen semesters).
Scholarly or non-scholarly leaves of absence may be arranged through consultation with the department chair and the dean of faculty.
Health, Disability, and Life Insurance
Medical and Dental Insurance
A choice of three insurance products (HMO Blue, HMO Blue New England, and Blue Care Elect PPO) through Blue Cross/Blue Shield of Massachusetts. The College offers a choice of two separate dental plans. Dental Blue and Dental Blue with Orthodontics are offered separately through Blue Cross/Blue Shield. Current costs and other information is available online.
Coverage for Major Disabilities
Mount Holyoke College provides full salary for the first six months of medical disability for faculty who are eligible for the long-term disability plan; after that, pending claim approval, a monthly income benefit is provided; 40% of the faculty member's basic monthly earnings, to a maximum monthly benefit of $6,666. Other options available for purchase. Benefits would begin after 180 consecutive days of disability.
Group Life Insurance, Accidental Death Insurance and Dismemberment
Base plan provided by the College. Equal to one times annual salary with a minimum of $15,000 to a maximum of $25,000. Additional coverage available in increments of 1-5X salary to a maximum of $500,000.
Flexible Spending Accounts
Two accounts are available: Health Care and Dependent Care.
Retirement Annuity Plan
Defined contribution plan (403(b)). All faculty are eligible to make voluntary contributions to the retirement plan upon hire. Faculty are eligible to receive the College's contribution to retirement after one year of service. Faculty may be immediately eligible to receive the College's contribution if their most recent employer is another higher education institution and they were eligible to participate in that institution's retirement plan. (Certification from the former institution is required.) Participation is mandatory upon completion of eligibility requirements. Employees are required to contribute 5% of base salary over $2,500 a month ($30,000 in a calendar year). The College contribution is 10.5% of regular base annual salary.
Academic Career Network (For Partners and Spouses)
Mount Holyoke College is a member of the Academic Career Network (ACN), a resource for dual-career couples which includes the Five Colleges and several other colleges and universities within commuting distance.
Maternity, Paternity, and Adoptive Leave
Child care facilities for infants through school-age children are available next to campus at the Gorse Children's Center at StonyBrook. The center is administered by Bright Horizons and gives admission preference to children of the MHC community. For rates and policies, please phone 413-533-9819.
Tuition at Mount Holyoke
Mount Holyoke College has a tuition waiver program for dependent daughters of full-time employees with five years of service. If she is accepted as a full-time undergraduate student, tuition will be waived. (For dependent daughters of part-time employees, tuition will be waived after the completion of the equivalent of five years of full-time service.)
In addition, Mount Holyoke offers a study benefit to members of the faculty and their spouses or same sex domestic partners and dependent children who take courses at Mount Holyoke. One course (4 credits) per semester may be taken for credit. Tuition will be waived.
Tuition at Other Colleges
Dependents of qualified employees may apply for the Tuition Exchange program after the completion of five years of service (five years of service for full-time and the equivalent of five years of service for part-time employees). This program provides for tuition at additional colleges and universities. More information can be found on the Tuition Exchange website.
Tuition reimbursement is also available for higher education courses taken for credit at other accredited institutions and for credit-bearing courses offered by Mount Holyoke’s Professional and Graduate Education (PAGE) program.
Additional Educational Benefits
More information about these and other education benefits can be found here.
Moving Expenses for New Faculty (Full-time Faculty Only)
The Office of the Dean of Faculty will assist with moving costs for new faculty who must change their residence to accept employment at Mount Holyoke College. Faculty whose appointments are full-time and for at least one academic year will be reimbursed according to the following schedule:
up to $750, if the move is between 50 and 300 miles
up to $1,000, if the move is over 300 miles, but less than 1,000 miles
up to $2,000, if the move is over 1,000 miles, but less than 2,000 miles
up to $4,000, if the move is over 2,000 miles
Faculty Rental Housing (All Eligible Faculty)
Available as space permits to tenure-track and full-time and part-time visiting members of the faculty, new faculty who arrive with tenure, and certain administrative personnel. The Rental Housing Office automatically contacts eligible faculty appointed full-time for a year or more.
Mortgage Plan for Home Ownership (Tenure-Track and Tenured Faculty Only)
The College offers a shared appreciation mortgage (SAM) for faculty purchasing homes in South Hadley.