Employee Benefits (EB) Rates

FY2024 and FY2023 Employee Benefits Rates

FY2024 and FY2023 Employee Benefits Rates

Agreement

Rate Type

On-Campus Research, Full Time Equivalent of 50%+

Off-Campus Research, Full Time Equivalent of 50%+

On-Campus General & Funds, Full Time Equivalent of 50%+

Off-Campus General & Funds, Full Time Equivalent of 50%+

<50% Full Time Equivalent Employees & Non-Registered Students

FY2024

Fixed

23.20%

20.70%

23.20%

20.70%

8.40%

FY2023

Fixed

22.70%

20.20%

22.70%

20.20%

8.50%

View historical employee benefits rates

Applying the current employee benefits rates

Full-time employee benefits rates are applied to all non-student employees (students include research assistants) whose total MIT appointments are at least 50%. The rate for <50% full time equivalent employees & non-registered students applies whether research-on, research-off, or general & funds. Learn what expenses qualify for off-campus rates

The MIT fiscal year runs from July 1 to June 30.

Overview of Employee Benefits Rate Process

MIT’s costs for Employee Benefits (EB) are aggregated in EB cost pools, which are then allocated across all applicable salary and wage bases.

Each EB cost pool is allocated across the five Salaries & Wages Bases:

  • Research-On Salaries & Wages – salaries and wages of all on-campus, full-time (at least 50% effort), benefits-eligible employees charged to research projects
  • Research-Off Salaries & Wages – salaries and wages of all off-campus, full-time (at least 50% effort), benefits-eligible employees charged to research projects
  • General & Funds Salaries & Wages -On – salaries and wages of all on-campus full-time (at least 50% effort), benefits-eligible employees charged to general, fund and other non-research accounts
  • General & Funds Salaries & Wages -Off – salaries and wages of all off-campus full-time (at least 50% effort), benefits-eligible employees charged to general, fund and other non-research accounts
  • Part-time Employees and Non-registered Students Salaries & Wages – salaries and wages of all part-time employees (< 50% effort) and non-registered MIT students as indicated by the “Reduced EB” designation in the cost element description

For more information, see EB and Vacation rate applicability by cost element.

The EB rate for each Salaries & Wages (S&W) base is equal to the EB costs allocated to the respective S&W base divided by the S&W base.

The costs that are classified as allowable employee benefits are charged to all Institute salaries and wages; unallowable costs are not charged through the EB rates. Costs charged to federally sponsored research are considered direct costs when related salaries are a direct cost; they are considered indirect costs when related salaries are an indirect cost.

Historical Employee Benefits Rates

Historical Employee Benefits Rates

Period

Rate Type

On-Campus Research, Full Time Equivalent of 50%+ (1)

Off-Campus Research, Full Time Equivalent of 50%+ (1)

On-Campus General & Funds, Full Time Equivalent of 50%+ (1)

Off-Campus General & Funds, Full Time Equivalent of 50%+ (1)

<50% Full Time Equivalent Employees & Non-Registered Students (2)

FY2024

Fixed

23.20%

20.70%

23.20%

20.70%

8.40%

FY2023

Fixed

22.70%

20.20%

22.70%

20.20%

8.50%

FY2022

Fixed

24.80%

22.10%

24.80%

22.10%

9.00%

FY2021

Fixed

26.70%

23.80%

26.70%

23.80%

8.60%

FY2020

Fixed

26.60%

24.00%

26.60%

24.00%

8.20%

FY2019

Fixed

25.00%

23.00%

25.00%

23.00%

7.70%

FY2018

Fixed

25.60%

22.30%

25.60%

22.30%

8.00%

FY2017

Fixed

25.00%

22.00%

25.00%

22.00%

8.00%

FY2016

Fixed

23.00%

20.00%

23.00%

20.00%

8.50%

FY2015

Fixed

26.00%

24.00%

26.00%

24.00%

8.00%

FY2014

Fixed

28.00%

25.00%

28.00%

25.00%

8.50%