How is 10% of salary value calculated? Does it include just salary or salary and fringe benefits?
To calculate 10% of your salary value, take your RCE gross income (regardless of how many paychecks it is paid in; e.g., a Rutgers portion and a county portion) and divide by 10 or multiply by .10. Use the Cost Recovery and Revenue Enhancement Planning Worksheet to keep track of your progress. Fringe benefits are not expected to be covered unless required in a grant or similar funding source.