We provide comprehensive individual health and dental coverage through CareFirst (BlueCross BlueShield), free of cost to all eligible employees. Employees have the option to purchase coverage for their families, or buy up to a different plan. The Folger also covers the full deductible for all plan options through an HRA account, a value of either $2,500 or $5,000 per fiscal year.
All plans include coverage for prescription drugs, vision insurance, and mental health coverage. Folger employees may also elect into a Flexible Spending Plan to pay for eligible health and dependent care expenses with pre-tax salary dollars.
We offer a retirement savings plan through TIAA-CREF. Employees are eligible to contribute electively immediately upon hire; after two years of credited service, the Folger will contribute 6.8% regardless of employee contribution and will contribute up to 9% based off of employee contributions. Pre- and post-tax options are available. Please note that the two year waiting period may be satisfied by previous service at an “educational organization”.
We offer eligible employees sick and safe leave, annual leave, personal leave, and paid holidays. Regular, full-time exempt employees accrue 1.25 vacation days per month, for a maximum of 15 days during their first year. Beginning with their 13th month of employment, they accrue 2 vacation days per month. There is a maximum accrual of 30 days of annual vacation leave.
All full-time employees are provided with 21 hours of personal leave annually to use during the calendar year for personal or emergency nature. Depending on hire date, the exact hour amount may vary for your initial year.
Sick leave is accrued one day per month of service, to a maximum of 130 days. In addition, the Folger offers multiple leave options to accommodate individual circumstances.
All employees who are seeking to earn a degree or professional certificate are eligible to apply for educational assistance from the Folger Office of Human Resources. Professional development opportunities are available institution-wide, and through individual departments.
In addition, tuition assistance is available to the dependent children of eligible employees who are seeking higher education.
We provide group life insurance and disability insurance to all eligible employees free of cost. Employees may buy additional life insurance for themselves, their spouse or domestic partner, and their dependent children. Employees may also purchase voluntary long-term care insurance, with payroll deduction for premiums.
All regular full-time employees are eligible to elect up to the federal maximum per month in transportation costs for the Metro and bus services and up to the federal maximum for parking in the Washington, DC area. These dollars are excluded from income for federal, state and social security tax purposes.
Upon achieving 50% building capacity, employees will receive $50 a month to use towards transportation costs. Still working remote or in a hybrid capacity? No problem! All employees will receive this and those remote/hybrid can use it towards other costs such as purchasing new running shoes or internet bills!
Working at the Folger Shakespeare Library has many benefits, including free and discounted tickets to our performances, access to exciting and unique lectures and scholarly programming, a collegial and collaborative environment with many opportunities for socializing, and valuable services like our Employee Assistance Program. We also have financial options—such as pre-tax accounts for transit, medical costs, and dependent care—that help our employees make the most of their money.