Employer-Paid Payroll Taxes and Benefits
Effective January 1, 2008
Regular Employee (expected period of 1 year, 20 hrs. or more per week) 38.0%
Includes the following legally-mandated benefits:
Unemployment insurance
Social Security (6.20% of first $102,000)
Medicare (1.45% on all earnings)
Workers' compensation
Also includes the following benefits established by Foundation Board policy:
TIAA-CREF Retirement (8% employer contribution)
Health insurance
Dental insurance
Vision insurance
Life, AD&D, and long term disability insurance
Employee assistance program
Temporary Employee (less than 1 year appointments, temps with or without leave) 12%
Includes the following legally-mandated benefits:
Unemployment insurance
Social Security (6.20% of first $102,000)
Medicare (1.45% on all earnings)
Workers' Compensation
Student Assistant / Graduate Assistant* (During the academic year) 4.0%
Includes the following legally-mandated benefits:
Unemployment insurance
Workers' Compensation
NOTE: The above rates represent the employer’s obligation for employee benefits and payroll taxes which will be charged to the Project. Individual employees are responsible for their portion of FICA and federal and state personal income withholding taxes. Health benefit coverage above the employer’s maximum contribution is also the responsibility of the employee.
* If a Student Assistant is going to work during the summer and not go to school (therefore not meeting the requirements for student assistant status) the student will be classified as a “temporary employee” and the project will be charged 12% during this period of time.
A student employee must be continuously enrolled at CSUSM at least half-time during the academic year to receive the student assistant status. Half-time is defined as follows:
Undergraduate - Minimum 6 units (including credential students)
Graduate - Minimum 4 units (graduate level)
Summer - Minimum 4 units (all levels)
Approved by the Foundation Board of Directors on
10/28/04