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Total - Compensation - Calculator - SOI Updated 12-30-24

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0% found this document useful (0 votes)
29 views1 page

Total - Compensation - Calculator - SOI Updated 12-30-24

Uploaded by

Ahmed Ragab
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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If you are driven by a desire for purpose and strive to create a po

Hourly Rate (Enter here) $25.00


FTE (1 = Full-time / 40 hours per week) 1 The State of Iowa takes tremendous pride in
Annual Salary $52,000 providing an extensive range of benefits.

Employer Paid Benefits* See how our benefits go Beyond the Paycheck!
Select Single or Family Coverage for Health and Dental Insurance Family Coverage Paid Time Off: Enjoy up to 12 paid vacation days (vacation increases
Health Insurance $22,750 with tenure!), 18 paid sick leave days and 9 paid holidays per year.
Dental Insurance $552 Health Coverage: We cover up to 90% of medical insurance premiums.
Long Term Disability (LTD) Insurance $186 Life Insurance: We provide a $20,000 term life insurance policy, at no
Life Insurance ($20,000 Policy) $35 cost to you!
Retirement Investment Club (RIC) $900 Long Term Disability: We cover the full cost of a long term disability
Retirement Contribution $4,914 (LTD) insurance plan that provides monthly benefits.

Vacation (12 days) $2,400 Retirement: We contribute an additional $1.50 for every $1.00 you
Sick Leave (18 days) $3,600 contribute to IPERS
Holidays (9 days) $1,800 Professional Development: We offer access to a wealth of online and
Total Annual Benefit Value $37,137 in-person opportunities to learn and grow–on the job!
Career Growth: As your knowledge and skills increase, so will your
career options in the State! The average tenure of our employees is
Total Compensation and Benefits Value $89,137 11.5 years!
Total Comp and Benefit Value as Hourly Rate $42.85
*Benefit values may be estimates and/or averages. Eligibility and value of
select benefits may vary by employee, position and state agency.

Source of Information: Department of Administrative Services Website & SAE

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