Nursing Career Benefits

We Take Care of You, Too


Since our doors opened, Oakwood Healthcare System has gone above and beyond to provide high level care to the residents of the 35 communities we serve.

Likewise, we provide our nurses with a state-of-the-art, collaborative environment in which to build an amazing career. Our rich benefits package includes a competitive salary and a variety of benefits options.

As a nurse at Oakwood you can, if you wish, opt out of benefits for higher pay. What’s more, we strongly believe in a satisfying work/life balance and provide all of our nurses with the flexible scheduling they need to enjoy the lifestyle they desire.

Full-Time Nurse Positions

Oakflex

Our Flexible Benefit program includes Medical, Dental, Vision, Life Insurance, and Flexible Spending Accounts. All Oakflex elections are effective the first of the month following 90 days’ employment. Insurance choice changes occur once/year unless there is a life-changing event (ex. marriage, divorce, birth, death, main provider unemployed). Medical election available the first of the month following date of hire.

Holidays

8 paid holidays per year: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Eve Day, Christmas Day (Eligible from date of hire). Floating Holiday: eligible after one year of service.

Combined Time Off (CTO)

In addition to the holidays mentioned above, Oakwood offers our nurses a Combined Time Off Program (CTO). CTO replaces traditional vacation, personal and sick time, allowing nurses the flexibility to use time off when they need it. You will be eligible for CTO after 90-days of employment. At that time, you will also be credited retroactively for accrued CTO hours during your first 90-days. CTO is accrued based on years of service. Your accrual will be prorated according to the following schedule:

Years of Service

Accrual per hour paid

Yearly Accrual

Through 4 years

.076924

20 days

5 - 9 years

.096154

25 days

10+ years

.115385

30 days

Life Insurance and AD&D

Amount equal to 2080 hours x base rate of pay. Effective from first of the month following 90 days’ of employment. Additional coverage for self, spouse or dependents is available.

RN No Benefits (Per Diem)

Full-time staff nurses who choose to receive only reimbursement and TDA benefits are compensated by receiving a higher rate of pay.

Short Term Disability

14-day waiting period for illness, accident or hospitalization; must use combined time-off bank. After waiting period, receive 60% of weekly base earnings (40 hours x base rate of pay) for maximum of 24 weeks. Eligible after 6 months’ full-time employment. Enhanced Plan available to purchase.

Long Term Disability

60% of monthly base earnings with $4,000 monthly maximum AT NO COST! Elimination period of 180 days’ consecutive disability. Eligible after 6 months’ of full time employment.

Retirement

Fully paid by employer, with amount of contribution based on years of service and base pay. Cash Balance Plan (CBP) with no employee contribution required. Vested in 3 years.

Tax Deferred Annuities

Employee may elect to contribute up to 100% of pay up to the maximum annual legal limit. Depending on the organizational performance each fiscal year, the matching contribution will be 25, 50 or 75 cents for every dollar you contribute throughout the year up to 4% of your base pay. Vested 20% after two years of service, 40% after three years, 60% after four years, 100% after five years.

Tuition Reimbursement

100% of approved tuition. Maximum $1,200/year. Eligible after 6 months’ employment.

Direct Deposit

Available with all banks and credit unions in the USA and with Royal Bank of Canada.

iPay

Paperless payroll for a more efficient payroll distribution process.

Part-Time Nursing Positions

Oakflex

Our Flexible Benefit program includes Medical, Dental, Vision, Life Insurance, and Flexible Spending Accounts. All Oakflex elections are effective the first of the month following 90 days’ employment. Insurance choice changes occur once/year unless there is a life-changing event (ex. marriage, divorce, birth, death, main provider unemployed). Medical election available the first of the month following date of hire.

Holidays

8 paid holidays per year: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Eve Day, Christmas Day (Eligible from date of hire). Floating Holiday: eligible after one year of service.

Combined Time Off (CTO)

In addition to the holidays mentioned above, Oakwood offers our nurses a Combined Time Off Program (CTO). CTO replaces traditional vacation, personal and sick time, allowing nurses the flexibility to use time off when they need it. You will be eligible for CTO after 90-days of employment. At that time, you will also be credited retroactively for accrued CTO hours during your first 90-days. CTO is accrued based on years of service. Your accrual will be prorated according to the following schedule:

Years of Service

Accrual per hour paid

Through 4 years

.076924

5 - 9 years

.096154

10+ years

.115385

Life Insurance and AD&D

Amount equal to 1040 hours x base rate of pay. Effective from first of the month following 90 days’ of employment. Additional coverage for self, spouse or dependents is available.

RN No Benefits (Per Diem)

Full-time staff nurses who choose to receive only reimbursement and TDA benefits are compensated by receiving a higher rate of pay.

Short Term Disability

14-day waiting period for illness, accident or hospitalization; must use combined time-off bank. After waiting period, receive 60% of weekly base earnings (40 hours x base rate of pay) for maximum of 24 weeks. Eligible after 6 months’ full-time employment. Enhanced Plan available to purchase.

Long Term Disability

60% of monthly base earnings with $4,000 monthly maximum AT NO COST! Elimination period of 180 days’ consecutive disability. Eligible after 6 months’ of full time employment.

Retirement

Fully paid by employer, with amount of contribution based on years of service and base pay. Cash Balance Plan (CAP) with no employee contribution required. Vested in 5 years.

Tax Deferred Annuities

Employee may elect to contribute up to 100% of pay up to the maximum annual legal limit. Depending on the organizational performance each fiscal year, the matching contribution will be 25, 50 or 75 cents for every dollar you contribute throughout the year up to 4% of your base pay. Vested 20% after two years of service, 40% after three years, 60% after four years, 100% after five years.

Tuition Reimbursement

Reimbursement on a pro-rated basis based on budgeted work schedule. Eligible after 6 months’ employment.

Direct Deposit

Available with all banks and credit unions in the USA and with Royal Bank of Canada.

iPay

Paperless payroll for a more efficient payroll distribution process.

Oakwood Extras

Extra. Extra.

At Oakwood Healthcare System we do as much as we can to make things easier for our family of nursing professionals. After 6 months of employment, we offer tuition re-imbursement on a pro-rated basis based on budgeted work schedule. What’s more, we make pay day easy with direct deposit.

RN – No Benefits Program (RNNB)

The RN – No Benefits (RNNB) Program provides a percentage rate (differential) above base hours, which will be paid in lieu of current benefits. The program will be available to staff nurses and new hires. The following will be applicable to all RN - No Benefits program employees.

  • Shift differential: to be paid at rate designated for afternoon and midnight shift in accordance with OHS Policy.
  • Weekend Premium: to be paid at rate designated for weekend differential; weekend requirements remain the same as for full and part time employees.
  • Overtime: to be paid at one and one half time the base hourly rate in accordance with OHS Policy.
  • CTO: Scheduled time off is not to exceed maximum days permissible according to particular employee’s years of service, approved by the manager and scheduled without pay. CTO time will be based on a calendar year (January 1- December 31). Half the time off will be granted from January – June; the second half of time will be granted from July – December. Unused CTO will not be carried over into the next year.
  • On Call and Call Back Pay: to be paid according to applicable OHS On Call and Call Back Compensation Policy.

Nursing Perks

  • Flexible Scheduling
  • Market Review Twice Per Year
  • Hospital PRN Registry
  • Weekend Differential: $1.00/Hour
  • Afternoon Shift Differential: $2.00/Hour
  • Midnight Shift Differential: $2.50/Hour
  • Preceptor Pay: $1.50/Hour
  • Charge Pay: $1.50/Hour
  • Employee Referral Program: $1,500 full time RN
  • Individualized Preceptor Orientation of 4-12 weeks
  • Arrhythmia Class for Medical/Surgical Nurses
  • 4-5 days of Critical Care Classes with 54 hours of on-line training
  • No city taxes at four hospitals
  • Free onsite parking

Canadian Nurses Also Receive

  • VisaScreen Certificate Reimbursement
  • Annual TN Visa Reimbursement
  • Nexus Card (Fast Pass) Reimbursement