Stanford and the Office of Naval Research (ONR) have signed the final agreement for the Fringe Benefits and Vacation Accrual/Disability Sick Leave rates for fiscal year 2024. These rates are effective beginning September 1, 2023. The rates are as follows:
FY2024 Final Fringe Benefits and Vacation Accrual/Disability Sick Leave Rates
Staff Benefits:
Regular Benefits-eligible Employees 28.4% (Note 1)
Post-Doctoral Research Affiliates 28.5%
Contingent Employees 7.7%
Graduate Assistants 6.1%
Vacation Accrual/Disability Sick Leave rates (applicable to only Regular Benefits Eligible staff):
Exempt, Nonexempt, and bargaining unit staff 8.9%
Note 1: This does not include the 2.8% supplemental rate charged against Regular Benefits-Eligible employee salaries for non-government projects/accounts only. The largest program included in the supplemental rate is the tuition grant program (TGP). Also included are university-wide programs that benefit faculty and staff. Please contact Neil Hamilton (neil.hamilton@stanford.edu) at the University Budget Office for questions related to the TGP and supplemental rate.
If you have any questions regarding the fringe benefits and vacation accrual/disability rates, please contact Nguyet Sin at 725-1744 (lesin@stanford.edu), Lily Leung at 721-3516 (lileung@stanford.edu), or Stella Hu at 721-5985 (stella.hu@stanford.edu).