Responsible Official: Vice President for Finance/Chief Finance Officer
Administering Division/Department: Payroll
Effective Date: January 01, 2008
Last Revision: March 13, 2009
This policy sets the standard for computing fringe rates.
All University employees, including faculty, staff, or students, have certain fringe benefits that accompany their University relationship. The fringe benefits pool establishes different employee groups based on similar fringe benefits.
Once groups are established, the fringe benefits costs of each group are then pooled to determine the fringe benefits rates used in budgeting and accounting.
The University fringe rate is applied based on the job classification and not the earnings code or reason for the payment.
The most current fringe rates can be obtained by contacting the University Office of Grants and Contracts.
Fringe Rate: An accounting method to calculate fringe benefit rates for budgeting and planning.
Subject Contact Phone Fringe Rates Payroll Department 404.727.6100 firstname.lastname@example.org Fringe Rates Grants and Contracts 404.727.4240 N/A