Total Compensation Example 1

Sarah: non-exempt, non-represented employee earning $20,000

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 $9,540 in valuable benefits paid for by UVM, including retirement savings contributions. That is 47% of her $20,000 salary. Her total compensation is $29,540. Pie chart of Sarah's total compensation

Compensation/Benefit $ amount
Base salary $20,000
Health insurance $4,133
Retirement $2,000
Social security/Medicare $1,530
Tuition remission $1,137
Dental insurance $406
Unemployment/workers' comp $200
Life & disability insurance $134
Total Compensation $29,540