3 ms·
My school districts budget book indicates total benefit costs are about 43% of total salary. (https://www.washoeschools.net/Page/550 https://www.washoeschools.n
by topkai22 6y ago
My school districts budget book indicates total benefit costs are about 43% of total salary. (https://www.washoeschools.net/Page/550 https://www.washoeschools.net/Page/550)
The published teacher pay schedule indicates that teachers are paid around $50k for a 9 month schedule (https://www.washoeschools.net/Page/841 https://www.washoeschools.net/Page/841)
At 43% that's roughly $21500 in benefits. Health insurance for a family of 4 on an ACA platinum plan is ~$19000/Year (https://news.ehealthinsurance.com/_ir/68/20205/eHealth_2020_ACA_Index_Report_Unsubsidized_Consumers.pdf https://news.ehealthinsurance.com/_ir/68/20205/eHealth_2020_...)
Since not all teachers will have families or elect for district health insurance, I think it's safe to assume health insurance is probably around the $9000-13000 per person range to the district.
Note that Nevada has pretty low per student spending for the US, so it is quite possible other municipalities Will spend more. This seems to be the case (or my math is bad) as the BLS reports a much higher benefits to pay ratio for state and local government employees nationwide - about 60% (https://www.bls.gov/news.release/pdf/ecec.pdf https://www.bls.gov/news.release/pdf/ecec.pdf)
- WalterBright 6y agoThanks for the figures!