What are fringe benefits and how do I determine a rate for faculty and staff?
In addition to payroll deductions,WSU contributes to employees’ FICA (social security and Medicare), retirement accounts and health insurance benefits. Rates vary according to individual employees’ health insurance needs. For current employees, we can contact Payroll for individual fringe benefit rates. For new employees or for a single rate to cover a number of employees, use 35% of salaries and wages. Different rates apply for faculty pay in the summer and for adjunct salaries. In multi-year proposals, increase the fringe benefit rate by 1% each year.
