University Budgets

Fringe Rates

Fringe benefit funding at Grand Valley State University is accrued as a percentage of salary and wage expense.  The rates are re-calculated every year based on average base salaries by employee group.

2013-14 Fringe Benefit Accrual Rates

Salary/Wage Calculator Tool 
(This tool will help you identify the fringe rate that applies to the position you are adding.  It will also assist you in the calculation of the total compensation that would be charged to your FOP.  This is only an estimation of total compensation and actual amounts may vary from the estimate.  Please note that you will need to have Microsoft Access installed on your computer to operate this tool.)

Page last modified October 22, 2013