Administrative Costs
Your Bottom Line Costs
UTS is part of Human Resources but operates on a receipts-supported
basis. The administrative fee pays for all UTS expenses, including
-
Staff,
-
Recruitment,
-
Equipment, and
-
Supplies.
UTS does not receive any budgeted funds; UTS must operate completely
within its revenue. A breakdown of the costs associated with
using UTS is below. UTS has calculated the totals to provide departments with a
comparison to the industry standard bill rate. UTS work with departments to set
the appropriate hourly rate for a temporary position. The fee
follows from that rate, so the departments will always know the rate the employee
is being paid.
Actual payroll is processed through the Human Resources Web System,
and only the administrative fee appears on the department's NVision monthly
report. These are example pay rates; skilled, professional, and
technical positions will be paid above this range.
Administration Costs
| Hourly Rate |
|
$ 8.00 |
$ 8.50 |
$ 9.00 |
$ 9.50 |
$10.00 |
$10.50 |
$11.00 |
$11.50 |
$12.00 |
$12.50 |
$13.00 |
|---|
| Admin. Fee |
20% |
$ 1.60 |
$ 1.70 |
$ 1.80 |
$ 1.90 |
$ 2.00 |
$ 2.10 |
$ 2.20 |
$ 2.30 |
$ 2.40 |
$ 2.50 |
$ 2.60 |
| Medc./OASDI |
1.50% |
$ 0.12 |
$ 0.12 |
$ 0.13 |
$ 0.14 |
$ 0.15 |
$ 0.15 |
$ 0.16 |
$ 0.17 |
$ 0.17 |
$ 0.18 |
$ 0.19 |
| FICA/HI Tax |
6.20% |
$ 0.50 |
$ 0.53 |
$ 0.56 |
$ 0.59 |
$ 0.62 |
$ 0.65 |
$ 0.68 |
$ 0.71 |
$ 0.74 |
$ 0.78 |
$ 0.81 |
| Univ. Ovrhd. |
0.60% |
0.05% |
0.05% |
0.05% |
0.06% |
0.06% |
0.06% |
0.07% |
0.07% |
0.07% |
0.08% |
0.08% |
| *Total Costs |
|
$10.27 |
$10.90 |
$11.54 |
$12.19 |
$12.83 |
$13.46 |
$14.11 |
$14.75 |
$15.38 |
$16.04 |
$16.68 |
* Total Costs are compared to Bill Rate. Special benefits rates are charged to all accounts based on the department's OUC
(0.3%-0.65%)
Note: UTS bill rates are usually much lower than rates of a private
temporary placement agency.
