Additives Used Taxpayers’ Transportation Accountability Act Calculation of MnDOT Labor and Overhead Cost FY ‘11 Labor Cost Group Calculation or Percentage Types of Costs Included Used Salaries Estimated hours by Average salary rate per hour for all employee job class and MnDOT employees at each work activity per project employee job class. manager, multiplied by salary rate. Payroll Taxes & Average of all MnDOT FICA Employer portion of social – Benefits employees at each job class security taxes. ranges from 20% to 40% INSURANCE Employer portion of – – of salaries. group health insurance. RETIREMENT Employer portion – of retirement benefit costs. Indirect Labor 21.7% - Audited labor WORKERS COMP LEAVE TIME – Additive additive rate. absences due to work-related injury or illness. VACATION Absences due to – vacation time taken, donated or transferred to deferred compensation. HOLIDAY Absences due to – designated holidays and use of floating holiday. SICK Absences due to – employee sickness, dependent illness or medical/dental appointments. PREMIUM TIME Cost of – overtime premium (the half-time portion of time-and-a-half). MISCELLANEOUS BENEFITS AND LEAVES Cost of retroactive – salary adjustments, achievement awards, grievance awards, first day of injury, death benefit, absences due to voting, jury duty, military leave, snow days, etc. WORKERS COMPENSATION – Cost of workers compensation, e.g. medical invoices. GROUP INSURANCE State’s cost – of group insurance.
Additives Used Taxpayers’ Transportation Accountability Act Calculation of MnDOT Labor and Overhead Cost FY ‘11 Labor Cost Group Calculation or Percentage Used Types of Costs Included Salaries Estimated hours by employee job class and work activity per project manager, multiplied by salary rate. Average salary rate per hour for all MnDOT employees at each employee job class. Payroll Taxes & Benefits Average of all MnDOT employees at each job class – ranges from 20% to 40% of salaries. FICA – Employer portion of social security taxes. INSURANCE – Employer portion of group health insurance. RETIREMENT – Employer portion of retirement benefit costs. Indirect Labor Additive 21.7% - Audited labor additive rate. WORKERS COMP LEAVE TIME – absences due to work-related injury or illness. VACATION – Absences due to vacation time taken, donated or transferred to deferred compensation. HOLIDAY – Absences due to designated holidays and use of floating holiday. SICK – Absences due to employee sickness, dependent illness or medical/dental appointments. PREMIUM TIME – Cost of overtime premium (the half-time portion of time-and-a-half). MISCELLANEOUS BENEFITS AND LEAVES – Cost of retroactive salary adjustments, achievement awards, grievance awards, first day of injury, death benefit, absences due to voting, jury duty, military leave, snow days, etc. WORKERS COMPENSATION – Cost of workers compensation, e.g. medical invoices. GROUP INSURANCE – State’s cost of group insurance.
2011TTAAReportAppendixCadditives.docx