The university also offers numerous free financial-planning courses and individual retirement financial planning.
Harvard offers paid time off specifically designated for caregiving, short-term time off without pay and long-term leaves of absence without pay, to allow for caregiving.
The following wellness programs are offered to full- and part-time employees: flu shots, health screenings, health-risk appraisals, smoking-cessation programs, health club discounts, physical activity and exercise programs, weight loss programs, stress-management training, and three employee-assistance augmented psychotherapy sessions. Twenty-three percent of Harvard’s employees have used at least one of its wellness benefits during the past 12 months.
Harvard offers on-site care for children and grandchildren, referral services to assist with care for children and grandchildren and with /eldercare, and backup care for children, grandchildren, and elders to its full- and part-time employees. Harvard provides child-care scholarships and adoption reimbursement, and some employees qualify for child care or eldercare backup assistance.
Benefits/Alternative Work Arrangements: Harvard offers the following alternative work arrangements to its full- and part-time employees: flextime, compressed work schedules, and telecommuting. Full-time employees are eligible to move to part-time work on a permanent or temporary basis.
Opportunities for Retirees: Harvard currently has 4,000 retirees and an employee directly responsible for retiree relations. The university stays connected with retirees by communicating regularly, by inviting retirees to organization events and celebrations, by providing ongoing access to retirement-planning workshops and information, and by formally acknowledging retirees when they retire.
The Harvard Institute for Learning in Retirement is a noncredit non-degree program for retirees.
Harvard offers retirees temporary work assignments, consulting and contract work, telecommuting, part-time work, proctoring work, and volunteering.
Age of Workforce: Thirty percent of Harvard’s employees are age 50+. The average tenure of employees age 50+ is 15.8 years.