| UMB does not have a stated or fixed fringe benefits rate. The cost of fringe benefits varies dependent upon the specific employee. Employees choose from a menu of benefits resulting in a different rate for each individual. Budgets can be based on an average fringe benefits package, which is currently estimated to be 33%, or on average rates typically incurred within a particular school or department. Current rates for benefit components can be found on the UMB Financial Services website.
Frequently Asked Question | | |