The compensation you receive as an employee goes much further than your paycheck. Benefits such as employer-provided medical insurance, paid holidays and sick leave, retirement funds, and so on, are included as part of your compensation package. The diagram to the left is based on a faculty member’s annual salary of $80,000.
Pie chart shows a total compensation of $107,155, with a salary of $80,000 and $27,155 in benefits.
- $80,000 salary includes parental leave, sick leave, and 12 holidays
- $11,425 medical and vision
- $226 dental
- $136 Worker’s Compensation
- $576 Life and Disability Insurance
- $8,672 Retirement
- $6,172 Other