Script for Hiring Managers—Total Compensation
How to describe the total compensation of employment at UCSF.
You may not realize it, but by coming to work at UCSF you are joining one of the most renowned institutions in the world, with an illustrious history stretching back more than 120 years. We’ve been here a long time, and we’re going to be here a long time.
UCSF’s schools and departments consistently rank at or near the top in their field. The UCSF Medical Center is consistently rated as one of the top 10 hospitals in the country, and the research done here has been fundamental to some of the most significant advances made in science. Please see Facts About UCSF for a list of the highlights and website links.
It’s important that I point out to you that your compensation at UCSF is far greater than just your salary. I’d like to spend a few minutes pointing out some of the aspects of working at UCSF that make this a great place to work.
At UCSF you begin to accrue 3 weeks per year of vacation time as soon as you start work. Plus, you’ll have 13 paid holidays per year. I don’t think you’ll find another employer in the Bay Area with such a generous vacation and holiday package. In addition, you accrue 12 days of sick leave per year, which can accumulate indefinitely, and you can use it as credit toward retirement.
UCSF offers a very rich package of benefits, with many health plans to choose from, tax deferred investment opportunities, and a wealth of employer paid and low cost benefit programs to choose from. If you haven’t done so, please look at our Human Resources Benefits web site
UCSF probably has the best retirement plan of any employer in the Bay Area. We are one of the few employers that offers a traditional pension plan, which means you receive retirement benefits based on how long you work here, your salary and your age when you retire. If you work here just 5 years, you’ll receive 12% of your salary when you retire.
There is a web site you can go to and estimate what your retirement might be.
Retirement Examples (select the most relevant example)
Here is an example of how the retirement plan compares to 401k plans, which is the most common retirement plan in the Bay Area.Keep in mind that most employers only make matching contributions of 3% or so.Please see Value of UCRP to review some examples of how much another employer would have to contribute to a 401k plan to equal UCRP. Also keep in mind that many people are able to continue to receive University Health benefits after they retire.
UCSF offers organizations, programs and services such as on-site child care. The web sites included in this tool kit provide links to all the wonderful programs, services and organizations available here at UCSF.
We offer many training and development opportunities here at UCSF, but you should also keep in mind that UCSF is one of many locations of the University of California. Systemwide, there are over 180,000 employees at the university, working in exciting careers in locations all over the state. We want you to have a long career here, but we know that many employees find exciting career opportunities at other campuses, medical centers or labs in other parts of the state. If at some point you have an interest in moving on from here, there are many opportunities to do so within the UC system. Please see Career Prospects (PDF).