Compensation/Benefit | Dollar Amount |
---|---|
Base Salary | $40,000 |
Health Insurance | $14,366.99 |
Retirement | $4,015.44 |
Social Security/Medicare | $2.989.20 |
Tuition Remission | $1,863 |
Dental Insurance | $9,001 |
Unemployment/Workers Comp | $451.96 |
Life & Disability Insurance | $560.88 |
Total Compensation | $65,147.47 |
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.