ࡱ> 463y bjbj 4"{{c2284 ).  666$W !66R666F0)!h!!>O,{$)!2 R: BUDGETING FOR SALARIES, WAGES AND BENEFITS 2013-2014 Average Benefit Rates Contract Salaries 43% Instructional Wage 15% Hourly Wage 8.5% Example 1: New Position with New Funding - Given a new allocation of $100,000, how much should be allocated to salary/wages and central benefits pool? Contract Salary: $100,000 / 1.43 = $69,930 salary; $100,000 - $69,930 = $30,070 benefits Instructional Wage: $100,000 / 1.15 = $86,957 salary; $100,000 - $86,957 = $13,043 benefits Hourly Wage: $100,000 / 1.085 = $92,166 salary; $100,000 - $92,166 = $7,834 benefits Example 2: New Position Funded from Current Expense - A new $25,000 position was added, how much should be transferred from current expense to salary/wages and central benefits pool? Contract Salary: $25,000 * 1.43 = $35,750 total; $25,000 salary; $35,750 - $25,000 = $10,750 benefits Instructional Wage: $25,000 * 1.15 = $28,750 total; $25,000 salary; $28,750 - $25,000 = $3,750 benefits Hourly Wage: $25,000 * 1.085 = $27,125 total; $25,000 salary; $27,125 - $25,000 = $2,125 benefits Example 3: Transferring from Salary/Wage to Current Expense How do I transfer from salary/wage to current expense so that $5,000 ends up in current expense? Contract Salary: $5,000 / 1.43 = $3,497 salary; $5,000 - $3,497 = $1,503 benefits Instructional Wage: $5,000 / 1.15 = $4,348 salary; $5,000 - $4,348 = $652 benefits Hourly Wage: $5,000 / 1.085 = $4,608 salary; $5,000 - $4,608 = $392 benefits Example 4: Transferring between Salary/Wage Categories How much do I need to transfer from hourly wage to increase instructional wage by $1,500? Transfer from hourly wage $1,500 * 1.15 = $1,725 / 1.085 = $1,590 salary and $1,590 * 0.085 = $135 benefits. Transfer to instructional wage $1,500 salary and $1,500 * .15 = $225 benefits Accounts Contract Salary 61050 Instructional Wage 62000 Hourly Wage 62400 Central Benefits 63000     91Ƶ Budget Office  DATE \@ "M/d/yyyy" 7/19/2013 +,-67?FGLM^`bwx     ! & ' ( ) B C D E F I L オňh hblh,h hmjh>h'hafhKhjX h*5hGehGe5hGehhI95hY{hhh-shldh-s>*hldh$>* hIQ4>*hldhhI9>* h>*hhI9hn/Th`odhn/T50+,-Md|( ) 3 4 R    b gdOJgda-cgd;gd$a$gdld$a$gdlL M O P S T Z \ d e f g h j k n q r t u x y        ! # $ % & ) * 2 ŽŽhsh >*h hsh8F>*h8Fh hh hblh,hSU3 h>* h >*hsh,>*I2 3 4 < = ? C K L S W g p x              + 4 5 6 7 8 : ; > ? A B G H Q f ȼȴȨȼȼȴȟhu{ h>*hblh%Ohzx>*h%Oha-c>*hzxhhmha-chmjh*h'h; hP 5 hmj5 h*5 h;5hGeh;5hF[hqD;   % & ( X   # 3 @ T a o ȼȸȬȸȓȴȬȓȓȏчhGehaa5haah vhD_h>* h>*hD_h v>*hD_hOJ>*hhhOJhOJ5hIQ4hOJ hOJ5 h8s5hGehOJ5 h;5h%Oh1]V>*h1]Vha-chu{h%Ohu{>*4b CD  9Lcefhiklno$a$gd-#gdaagdOJ BCDM]  cdfgijlmoּּjh1Uh1hYjhYUhIQ4hyhMh.S>*hMhy>*hWh9hOJ h>n>*hJKh)h}hOV hK>*hOVhOV>*hKh\hr.hOJhaa5hChaa haa5.hyhYh h1jh1UhmHnHu21h:p1]V/ =!"#$% ^ 2 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmH nH sH tH @`@ NormalCJ_HaJmH sH tH DA D Default Paragraph FontRiR  Table Normal4 l4a (k (No List 44 1Header  !4 @4 1Footer  !H@H p% Balloon TextCJOJQJ^JaJPK![Content_Types].xmlN0EH-J@%ǎǢ|ș$زULTB l,3;rØJB+$G]7O٭V$ !)O^rC$y@/yH*񄴽)޵߻UDb`}"qۋJחX^)I`nEp)liV[]1M<OP6r=zgbIguSebORD۫qu gZo~ٺlAplxpT0+[}`jzAV2Fi@qv֬5\|ʜ̭NleXdsjcs7f W+Ն7`g ȘJj|h(KD- dXiJ؇(x$( :;˹! I_TS 1?E??ZBΪmU/?~xY'y5g&΋/ɋ>GMGeD3Vq%'#q$8K)fw9:ĵ x}rxwr:\TZaG*y8IjbRc|XŻǿI u3KGnD1NIBs RuK>V.EL+M2#'fi ~V vl{u8zH *:(W☕ ~JTe\O*tHGHY}KNP*ݾ˦TѼ9/#A7qZ$*c?qUnwN%Oi4 =3N)cbJ uV4(Tn 7_?m-ٛ{UBwznʜ"Z xJZp; {/<P;,)''KQk5qpN8KGbe Sd̛\17 pa>SR! 3K4'+rzQ TTIIvt]Kc⫲K#v5+|D~O@%\w_nN[L9KqgVhn R!y+Un;*&/HrT >>\ t=.Tġ S; Z~!P9giCڧ!# B,;X=ۻ,I2UWV9$lk=Aj;{AP79|s*Y;̠[MCۿhf]o{oY=1kyVV5E8Vk+֜\80X4D)!!?*|fv u"xA@T_q64)kڬuV7 t '%;i9s9x,ڎ-45xd8?ǘd/Y|t &LILJ`& -Gt/PK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 0_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!0C)theme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK] " L 2  b  8@0(  B S  ? ) ) ) )oou{tz=*urn:schemas-microsoft-com:office:smarttags PlaceName=*urn:schemas-microsoft-com:office:smarttags PlaceType9*urn:schemas-microsoft-com:office:smarttagsplace 'Ecefhiklnocefhiklno/146abCDEFHIMOPSTZhjknrtuxy  $%&)*2  /4CGDD]bccffo/146abHIPSknux  /4CGcceffhiklnoyx$HY7m r +Y%O3!15QM[rP !***/m0L2SU3IQ4hI9;=>?d'@qD8FOJKn'K)Rn/T9UOV V1]VnWKXf\$^|^aaa-cld`odGe>n-s8sCexY{}\ 9F[ ,MyBD_*0p vjXmC5p}*D) >lr.r L]x}mjp9,ca :eK' ? zxaf"} /Y.S-#JKbl)W<Pqu{p%sce@@UnknownG*Ax Times New Roman5Symbol3. *Cx Arial5. .[`)TahomaACambria Math"hKzFyf'I I Yr4``3HX ?Pq2!xx BUDGET TRANSFERS WITH BENEFITSbshuppy vstegemanOh+'0  , L X d p| BUDGET TRANSFERS WITH BENEFITSbshuppyNormal vstegeman193Microsoft Office Word@6)@J^V@Z%ֈW@\I՜.+,0 hp|  91Ƶ ` BUDGET TRANSFERS WITH BENEFITS Title  !"$%&'()*,-./0125Root Entry F$71Table!WordDocument4"SummaryInformation(#DocumentSummaryInformation8+CompObjr  F Microsoft Word 97-2003 Document MSWordDocWord.Document.89q