Total Compensation Example 1
Sarah: non-exempt, non-represented employee earning $24,000
Sarah began working at the University just over a year ago. She is single and working in a non-exempt position. At Orientation she elected base life insurance of $6,000, single medical, base dental, and 60% long-term disability insurance with retirement protection. She is making the minimum contribution to retirement and receives the University contribution because she was able to waive the three-year waiting period. Sarah is also taking one three-credit course this semester.
Sarah receives $13,759.02 in valuable benefits paid for by UVM, including retirement savings contributions. That is 57% of her $24,000 salary. Her total compensation is $37,759.02.
|Life & disability insurance||$343.20|
Last modified November 05 2015 11:20 AM