Total Compensation Example 2
Ronald: exempt, non-represented employee earning $40,000
Ronald began working at the University 10 years ago. He is single with 2 children and working in an exempt position. He elected base dental coverage, 60% long-term disability insurance with retirement protection, his son is taking a 3-credit course and he receives the 10% University contribution to his retirement account.
Ronald receives $25,147.47 in benefits paid for by UVM, including retirement savings contributions. This is 63% of his $40,000 salary. His total compensation is $65,147.47.
|Life & disability insurance||$560.88|
Last modified November 05 2015 11:26 AM