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State of North Carolina Total Rewards Statement example
NOTE: The figures below are for example purposes only and are based on the 2006 average N.C. state employee (subject to the State Personnel Act) salary. It is assumed here that in 2006 "Joe Average" had between ten and fifteen years of service, employee-only health coverage, a public transit Go Pass, no variable pay/leave and no pre-tax deductions.
Base Pay |
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2006 Average Base Salary |
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$38,559.00 |
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total value Average Base Salary |
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$38,559.00 |
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Bonus Pay |
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Longevity |
1.50% |
$578.39 |
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Performance |
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Incentive |
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total value Bonus Pay |
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$578.39 |
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Variable Pay |
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Overtime |
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On-Call |
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Emergency Callback |
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Holiday |
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Shift Differential |
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total value Variable Pay |
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$0.00 |
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Earned Leave |
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Holidays (12 days per yr; 96 hrs per yr/2080 total work hrs) |
4.62% |
$1,781.43 |
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Sick Leave (8 hrs per mo; 96 hrs per yr/2080 total work hrs) |
4.62% |
$1,781.43 |
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Vacation Leave (13:10 hrs/mo; 158 hrs per year/2080 total work hrs) |
7.60% |
$2,930.48 |
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Community Involvement Leave (24 hrs per yr/2080 total work hrs) |
1.15% |
$443.43 |
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total value Earned Leave |
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$6,936.76 |
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Variable Leave |
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Civil Leave |
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Compensatory Leave |
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Bonus Leave |
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total value Variable Leave |
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$0.00 |
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Employer Contributions |
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OASI-DI (Social Security) |
7.65% |
$2,949.76 |
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Retirement Systems Pension Fund |
2.66% |
$1,025.67 |
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Death Benefit Trust Fund |
0.16% |
$61.69 |
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Retiree Health Plan Reserve |
3.80% |
$1,465.24 |
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Disability Income Plan |
0.52% |
$200.51 |
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Health Insurance ($321.14 per mo) |
9.99% |
$3,853.68 |
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total value Employer Contributions |
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$9,556.56 |
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Pre-Tax Deduction Savings |
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401k |
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457b |
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Health Insurance Premium |
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NC Flex Deductions |
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Parking |
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total value Pre-Tax Deduction Savings |
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$0.00 |
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Other |
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Public transit Go Pass (TTA regional 30 day pass $64 X 12 mos) |
1.99% |
$768.00 |
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total value Other |
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$768.00 |
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Total Benefit Value |
44.27% |
$17,839.71 |
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Total Compensation |
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$56,398.71 |
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