How much of MIT’s GIB is devoted to salaries?
Salaries constitute 40 percent, or $439.6 million, of the FY’09 GIB. Including employee benefits, this number increases to over 46 percent, or $512.3 million. These figures do not reflect salaries paid for by research, auxiliary revenues, or designated funds. Of the $439.6 million for salary expenses, approximately 30 percent is for faculty, approximately 66 percent is for non-faculty, and the remainder is for students.
