US Postal Service provides amazing benefits to its employees. It is the ultimate destination of the job seeker looking for a stable job, with a lot of potential in terms of career growth. Some of the best benefits of a Postal job are:
In addition to competitive basic pay rates and regular salary increases, depending on the type of job held, most employees may also receive overtime pay, night shift differential, and Sunday premium pay. Click Here to view employee pay scales.
Other than the attractive basic pay, and periodic increment in the salary, postal employees also receive overtime pay, night shift differential, and Sunday premium pay. Although this additional amount is subjective to the kind of job an employee is doing, it is certain that most of the employees will get this amount.
USPS participates in the Federal Employee Health Benefits (FEHB) Program. Under this the employees get great coverage and flexibility, and majority of the cost is paid by the Postal Service. So many great health plans – High Deductible & Consumer-Driven Plans and Fee-For-Service Health Maintenance Organizations. Employee premium contributions are non taxable, this makes these health insurance plans furthermore cost-effective.
Postal employees are eligible for the Federal Employees Dental and Insurance Program. Although the employees are required to pay the full cost out of their pockets, this group insurance is still very attractive. Mainly because it offers outstanding coverage at very low premium and the premium contributors are non taxable.
After them Career employees have completed their one year in the services, they become eligible to participate in the Flexible Spending Accounts (FSA) Program. non-taxable Flexible Spending Accounts are of great help in terms of managing the funds for the out-of-pocket expenditure on health care and dependent care.
The Federal Long-Term Care Insurance Program, insures the expenses of receiving long-term care, like staying at a health care facility.
Under the federal retirement program, a set amount is given as pension. Along with the disability coverage. Age and years of credible service are the two factors that makes you eligible to take the benefit of this program.
Similar to the 401(k) retirement plan offered to the public sector employees, Thrift Savings Plan (TSP) is offered to the federal employees. The contribution from the employees is on a tax-deferred basis.
The newly appointed postal employees are covered under Social Security and Medicare.
The Postal Service provides coverage to its employees through the Federal Employee’s Group Life Insurance Program. The amount for the basic coverage is paid entirely by the Postal Service and offers the choice to purchase additional coverage via deductions in payroll.
The program enables the postal employees, to make tax-free purchase of public transportation and parking. This amount cannot go beyond the limit set by Internal Revenue Services. This is done to reduce pocket expenses of the participants.
The Postal Service provides its employees with annual and sick leave. The employees are given thirteen days of annual leave for the initial three years. This increases to twenty days leave per year after the third year. Further, it goes up to twenty six days for an year after fifteen years of service.
Also, the full-time employees earn 3 hours per pay period. This amount is the insurance against loss of income due to illness or accident. Annual and sick leave for the part-time employees is subject to the number of paid hours.
The Postal Service observes 10 holidays each year.
Postal Service provides a proficient working culture, that helps employees to improve on their skills and achieve success. The innovative training sessions enables better performance, and gain advanced knowledge of the operations. Various advanced level programs are designed for executives to help them become an expert in their respective fields.
Some of the significant advantages of Our Postal Job Assistance Program :
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