Health insurance is just the beginning! When it comes to caring for our employees, we go above and beyond.
We start by providing a variety of benefit plan options—allowing you to create the package that works best for you.
Medical, Dental and Vision Coverage
Health Insurance
Effective Date: First day of employment
High-deductible Health Plan (HDHP)
- Vision and Pharmacy are part of deductible
- MVP contributes toward a designated Health Savings Account (HSA)
EPO Plan
- Includes Vision and Pharmacy coverage
- Receive reimbursement for activities that promote a healthy lifestyle
Dental Insurance
Effective Date: First day of employment
Vision Coverage
Effective Date: First day of employment
Savings Plans
Medical Flexible Savings Account (FSA)
Limited Purpose FSA
Health Savings Account (HSA)
Dependent Care FSA
Life/Accidental Death & Dismemberment Insurance
Effective Date: First day of employment
Basic coverage is company paid and equal to one (1) times annual salary up to a maximum of $500,000
Optional Supplemental Employee Life Insurance: Additional 1-5 times annual salary up to a maximum of $900,000
Optional Spouse/Domestic Partner Life Insurance: 50% of employee’s supplemental life amount up to a maximum of $100,000
Optional Dependent Life Insurance: $4,000 per child
Short & Long Term Disability
Effective Date: 90 days after date of employment
Long Term Disability
- Basic coverage is company paid at 50% base salary
- Option to purchase an additional 10% of coverage
Short Term Disability
- Basic coverage is company paid at 60% base salary
Then we add in extra benefits that can enhance quality of life and help improve work/life balance:
Paid Time Off
In addition to eight paid holidays each year, MVP employees are entitled to Paid Time Off that includes personal, sick, and vacation time.
- Salaried employees start with 24 days per year and can earn up to 33 days based on continuous service
- Hourly employees start with 19 days per year and can earn up to 31 days based on continuous service
Education Benefits
Tuition Assistance
- Eligible after 6 months employment
529 College Savings Program
- Eligible on first date of employment
Utilize payroll deductions
Matching 401(k) Plan
Eligible to enroll on first date of employment
Company match and company discretionary contribution effective after one year of service
Fully vested in company contributions after three years of service
Can contribute up to 50% of salary to the annual IRS maximum
On-site fitness classes, biometric screenings, and flu shot clinics
On-site fitness facilities in our Rochester, Schenectady, and Tarrytown offices
On-site Success Coaches to provide you with free and confidential one-on-one personal and professional coaching
TeamMVP walks and race events
$600 WellBeing Rewards that can you can earn for healthy activities
Get reimbursed for gym memberships, weight management programs, fitness activity trackers, and more
Employee wellness program that includes activities and classes focused on financial wellness, nutrition, mental health, and more
Paid Volunteer Day
When you join MVP, you join a company that is committed to making our communities better! Every full-time MVP employee receives a full day of paid Volunteer Time Off—in addition to your vacation and holiday time. You can join one of our many community efforts already underway…or start your own.
Note: This summary of benefits does not constitute a written or implied contract for the MVP benefits of employment. It is merely an overview of benefits currently provided. The Summary Plan Descriptions/Plan Documents govern the benefits provided. MVP reserves the right to revise or change these benefits at its sole discretion.