Understanding Your Compensation
Compensation is more than gross salary and includes fringe benefits that differ by employee type and eligibility:
- Gross Annual Salary: The amount of income paid during the calendar year which may include pay for earnings such as regular pay, sick leave, vacation leave, Discretionary Day, holidays, longevity, and compensatory time. Please refer to the Payroll website for annualized calendars which specify pay period end dates, standard pay dates, etc.
- Fringe Benefits: KU offers a number of benefits to its employees. To view the overall costs that are covered by the employer and the employee, please visit Fringe Benefit Rates on the Payroll website.