The calculated figure represents the total value of your compensation package, including your salary and University-paid benefits. Your total compensation may include:
- Salary: Your base salary from the University.
- Employer Medical Premiums: The University’s contribution toward your medical insurance coverage.
- HSA Contribution: Contributions made by the University to your Health Savings Account (HSA).
- Employer Dental Premiums: The University’s contribution toward your dental insurance coverage.
- Employer Retirement Contributions: Contributions made by the University toward your retirement plan.
- Employer FICA Contributions: The University’s portion of Social Security and Medicare payroll taxes.
- Employer Life, Disability & Workers’ Compensation: University-paid coverage and contributions for life insurance, disability insurance, and workers’ compensation.
This calculator provides an estimate of the overall value of your compensation package, helping you better understand the value of your salary and University-paid benefits.
Please note: Total compensation is not the same as take-home pay. This calculator includes salary and employer-paid benefits and contributions; it does not calculate your net pay after taxes, deductions, or other withholdings.