Fringe Benefits
Virginia Tech's fiscal year runs from July 1 through June 30.
Fringe Benefits include FICA, workers compensation, unemployment compensation, medical insurance, group life insurance, employee retirement compensation, faculty and staff fee waivers, and educational leave.
Faculty (Tenure Track)
|
|||||
|---|---|---|---|---|---|
| FY 24 (PROV) |
FY 23 (FIXED) |
FY 22 (FIXED) |
FY 21 (FIXED) |
FY 20 (FIXED) |
FY 19 (FIXED) |
| 33.91% | 32.44% | 35.30% | 35.14% | 32.75% | 35.50% |
Research Faculty
|
|||||
|---|---|---|---|---|---|
| FY 24 (PROV) |
FY 23 (FIXED) |
FY 22 (FIXED) |
FY 21 (FIXED) |
FY 20 (FIXED) |
FY 19 (FIXED) |
| 37.64% | 35.41% | 35.77% | 38.06% | 34.75% | 36.00% |
Part-Time Faculty
|
|||||
|---|---|---|---|---|---|
| FY 24 (PROV) |
FY 23 (FIXED) |
FY 22 (FIXED) |
FY 21 (FIXED) |
FY 20 (FIXED) |
FY 19 (FIXED) |
| 26.82% | 29.07% | 26.47% | 21.43% | 20.25% | 23.50% |
Staff
|
|||||
|---|---|---|---|---|---|
| FY 24 (PROV) |
FY 23 (FIXED) |
FY 22 (FIXED) |
FY 21 (FIXED) |
FY 20 (FIXED) |
FY 19 (FIXED) |
| 50.67% | 49.36% |
53.48% | 53.65% | 49.75% | 54.50% |
Summer Faculty
|
|||||
|---|---|---|---|---|---|
| FY 24 (PROV) |
FY 23 (FIXED) |
FY 22 (FIXED) |
FY 21 (FIXED) |
FY 20 (FIXED) |
FY 19 (FIXED) |
| 7.14% |
7.64% | 7.98% | 7.67% |
7.50% | 7.50% |
Graduate Research Assistants
|
|||||
|---|---|---|---|---|---|
| FY 24 (PROV) |
FY 23 (FIXED) |
FY 22 (FIXED) |
FY 21 (FIXED) |
FY 20 (FIXED) |
FY 19 (FIXED) |
| 9.21% | 9.32% | 9.84% | 8.67% |
9.5% | 11.25% |
Part-Time Wage Employees
|
|||||
|---|---|---|---|---|---|
| FY 24 (PROV) |
FY 23 (FIXED) |
FY 22 (FIXED) |
FY 21 (FIXED) |
FY 20 (FIXED) |
FY 19 (FIXED) |
| 7.14% | 7.64% |
7.98% | 7.67% | 7.50% | 7.50% |