Benefits - Monarch NC

Employee Benefits

At Monarch, our team of dedicated staff members care for people. In return, we care for our staff through a comprehensive, competitive benefits package that supports employees and their families. As outlined below, benefits are available for full-time and part-time staff. Our Human Resources team will provide detailed information for new employees and can answer specific questions during the hiring process. Thank you for your interest in Monarch!

Paid Time Off (PTO)

Full-time and part-time Monarch employees accrue flexible paid time off (PTO) based on the number of hours worked weekly and their tenure at Monarch. PTO begins to accrue immediately upon the start of employment and is used to cover personal time off, sick time and holidays beyond those observed by Monarch as the employee chooses.

Monarch’s Observed Holidays

New Year’s Day
Martin Luther King Jr. Day
Memorial Day
Juneteenth
Fourth of July
Labor Day
Thanksgiving Day/day after
Christmas Eve
Christmas Day

Medical, Dental & Vision Insurance

The health and wellness of our employees and their families is important. Monarch staff have access to competitive medical, dental and vision insurance plans. Supplemental insurance is also available.

Eligible to enroll the 1st day of the month following 60 days of employment
Medical insurance provided by MedCost
$25/co-pay primary care visits
$40/co-pay specialist visits
Prescription Drug Card
Dental insurance provided by Delta Dental and is available to staff working 30+ hours per week
Vision insurance provide by EyeMed and is available to staff working 20+ hours per week
Dental insurance available for staff who work 30+ hours per week
Vision insurance available for staff who work 20+ hours per week
Cancer Insurance, Intensive Care and Disability Insurance available after the eligibility requirements from American Family Life Company (AFLAC) have been met and available to staff working 20+ hours per week
Life insurance is also available.

Employee Assistance Program

Monarch’s Employee Assistance Program (EAP) provides a variety of supportive services and wellness information at no cost to Monarch staff members and their immediate family members.

Services available to assist with personal matters, relationships, employment issues and more
Access to clinician-staffed call center, 24 hours per day, 7 days per week, 365 days per year
Free, confidential assessments and counseling, and referrals to community resources
Free, online educational seminars

403(b) Retirement Plan

Monarch’s 403(b) Retirement Plan allows non-profit employees to plan for and invest toward future goals. Monarch’s retirement plan is available to staff members from the first day of hire and is managed by American Trust.

Payroll deduction option
Quarterly statements available with internet access and personal PIN
Age 50 catch up contributions available
Income tax benefits
Choice of investment funds

Student Loan Forgiveness

Because Monarch is a non-profit organization, employees may be eligible for the federal Public Service Loan Forgiveness (PSLF) program which encourages employment in the public sector by forgiving the remaining balance on qualifying student loans.

The Federal Student Aid, an office of the U.S. Department of Education, has a website where you can find more information on the Public Service Loan Forgiveness program.

Flexible Spending Plan

Through a flexible spending plan, Monarch staff can budget and save for a variety of qualified expenses including health care and childcare-related costs. Flexible spending plans help reduce the tax you pay and increase take home pay.

Medical Reimbursement
Childcare Reimbursement
Flexible Benefits Debit Card for use with eligible expenses
Medical, dental and some supplemental insurance premiums are eligible expenses
Available to staff who work 30+ hours per week

MD Live

Monarch staff have access to confidential, convenient telehealth services from board-certified physicians. Medical or behavioral health services are available with no copayment required and MD Live is available 24 hours per day, seven days per week.

Talk to a physician, licensed counselor or psychiatrist from your home, office, or on the go
No copayment
Provides treatment for routine medical conditions including allergies, cold/flu, respiratory problems, nausea and more
Provides support for depression, anxiety, addiction, grief and loss, panic disorders, stress, trauma and post-traumatic stress disorder (PTSD) and other mental health concerns

Merchant Discounts

Discounts through participating merchants including T-Mobile Work Perks, Verizon, YMCA and Gold's Gym.

Monarch Employee Care Fund

Monarch staff who are experiencing financial hardship due to unforeseen circumstances (natural disaster, house fire, illness, death of spouse or other qualifying events) can apply for assistance through the Monarch Employee Care Fund. Information and application instructions are available at MonarchEmployeeCareFund.org.