Academic Fringe Rates

 
FT Faculty
FT Staff
PT (20 - 29 hrs.)
Wage and other misc. payments
2024-2528.60%38.60%28.60%7.40%
2023-2428.20%38.10%28.20%7.00%
2022-2328.00%37.70%28.00%6.80%
2021-2227.70%37.40%27.70%6.50%
2020-2128.30%38.10%28.30%6.30%
2019-2028.90%39.60%28.90%7.60%
2018-1928.40%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%