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Fringe Benefits

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OU Fringe Benefits Information

All personnel actions affecting funding for positions also affect fringe benefits.  Budget revisions between account (object) numbers many times require a change in benefits as well.  Department managers and other departmental staff should be aware of the costs of associated benefits when initiating a change in a personnel account number such as shown in the Account Codes to the left.

Each personnel account number has a corresponding percentage rate to identity the calculated amount for any fringe benefits associated with a budget revision as shown in the Fringe Rates to the left.

 

Automation of fringe benefit entries

Benefits for centrally-funded departments (01000/03000 funds) are automatically calculated on the budget revision screen, except for 6x7005 account codes that require a manual calculation.  Any departments that pay their own benefits will continue to be required to manually add benefit changes associated with any personnel changes.