On
the fringes
Data from a 1998 Higher Education Data Sharing Consortium study
of faculty fringe benefits at 121 private colleges and universities
showed that Emory has the third-highest average fringe benefits
package for faculty among eight peer universities. The analysis
examined retirement benefits, educational benefits, worker's
compensation, Federal Insurance Contribution Act (Social Security
and Medicare) contributions, and medical, diability, unemployment,
and group life insurance benefits. Included in the comparison
were Duke University, Emory, Georgetown University, the Massachusetts
Institute of Technology, Tulane University, Vanderbilt University,
the University of Pennsylvania, and Washington University.
Ranking highest in the analysis was Pennsylvania, with an average
benefits package valued at $22,515. MIT ranked second, with an
average package of $21,945. Emory's third-ranked package was
valued at $21,263. Duke ranked in fourth place, with an average
benefit package of $19,168. Washington and Tulane ranked seventh
and eighth, with packages averaging $15,226 and $13,969, respectively.