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Academic Fringe Rates
FT Faculty | FT Staff | PT (20 - 29 hrs.) | Wage and other misc. payments | |
---|---|---|---|---|
2024-25 | 28.60% | 38.60% | 28.60% | 7.40% |
2023-24 | 28.20% | 38.10% | 28.20% | 7.00% |
2022-23 | 28.00% | 37.70% | 28.00% | 6.80% |
2021-22 | 27.70% | 37.40% | 27.70% | 6.50% |
2020-21 | 28.30% | 38.10% | 28.30% | 6.30% |
2019-20 | 28.90% | 39.60% | 28.90% | 7.60% |
2018-19 | 28.40% | 39.40% | 28.40% | 6.10% |
2017-18 | 28.20% | 39.10% | 28.20% | 5.70% |
2016-17 | 27.80% | 38.50% | 27.80% | 5.30% |
2015-16 | 27.80% | 38.90% | 27.80% | 6.00% |
If Employee Type = Student, there is no fringe charged as Workday cannot evaluate an individual's FICA exemption status.
Fringe Rates for 2024-2025 have been approved by DHHS. Rate Agreement Letter
FT Faculty includes all Faculty, University Staff Executives, and most Professional Research Staff
FT Staff includes Classified Staff, University Staff M&P, and University Staff O&A
PT (20-29 hrs.) include all salaried Faculty and Staff working 20-29 hours per week
Breakdown of 2024-2025 Fringe Rates
FT Staff Fringe Rate: 38.6%
Retirement: 13.8%
Health Insurance: 14.2%
Social Security: 6.5%
Other Benefits: 4.1%
FT Faculty and All PT Employees: 28.6%
Retirement: 10.4%
Health Insurance: 10.7%
Social Security: 6.7%
Other Benefits: 0.8%
Breakdown of 2023-2024 Fringe Rates
FT Staff Fringe Rate: 38.1%
Retirement: 13.2%
Health Insurance: 14.7%
Social Security: 6.3%
Other Benefits: 3.9%
FT Faculty and All PT Employees: 28.2%
Retirement: 10.3%
Health Insurance: 10.5%
Social Security: 6.4%
Other Benefits: 1.0%