GrantsManager
Budget & costs

Fringe Benefits

The employment costs charged on top of salary: health insurance, retirement, payroll taxes: usually at a negotiated rate.

Fringe benefits are the institution's costs of employing someone beyond base salary: employer-paid health and life insurance, retirement contributions, FICA, and leave. On a grant budget they're charged as a percentage of salary, typically using a federally negotiated fringe rate.

Fringe is a direct cost that follows the salary it's attached to, so when the effort or salary charged to an award changes, the fringe moves with it.

Why it matters

Fringe can add 25-40% on top of every salary line, so leaving it out materially understates a budget.

Track this in GrantsManager

GrantsManager gives PIs and administrators one real-time view of proposals, awards, budgets, and compliance, so terms like this stop living in spreadsheets.