Fringe Rates
In ADP, the "Pay Group" code drives everything, including the account code in PeopleSoft, the frequency of the pay check, what the university pays in fringe costs, and the benefits employees receive.
Payroll determines which "Pay Group" applies to which employee based on Federal labor laws and USG and UWG policy.
Fringe Rates: FY13
FICA 6.20%
Medicare 1.45%
Retirement 10.75% Avg
Total Prior to Insurance 18.40%
Insurance (Health & Life) $7,200 Avg
Health varies by plan
Life = $15/mo