TOTAL COMPENSATION A Closer Look at Your Personal Benefits Statement

TOTAL COMPENSATION A Closer Look at Your Personal Benefits Statement Understanding Your Net Worth at Duke

Your Personal Benefits Statement should arrive at your home by early May.

Pay Duke paid out more than 1.86 billion for salaries & wages in 2009.

Pay Duke conducts annual surveys of the market to ensure its pay ranges are competitive.

Pay In 2009, salary increases nationally were the lowest in 33 years.* Average base pay increase for U.S. workers was 1.8% last year.* Salaries remained flat across higher education** Data from Hewitt Associates* & CUPA**

Benefits Despite the recession, Duke maintained its investment in benefit programs in 2009.

Benefits In fact, Duke has invested an additional 25 million more this year to maintain its benefits package.

Benefits Last year many employers had to reduced or eliminate benefits. Reduced time-off benefits Suspended retirement contributions Reduced health care benefits

Health & Wellness The average cost of health care per employee last year was 6,288 most of which was covered by Duke.

Health & Wellness The national average for health insurance premiums increased twice as much as Duke Select last year.

Retirement Savings In 2009, Duke contributed more than 99.1 million to the retirement plans of faculty and staff.

Retirement Savings Retirement is a three-legged stool made up of: Social Security Duke’s retirement contribution Personal savings

Retirement Savings

Other Benefits Duke offers staff 5,250 annually for reimbursement of tuition supporting their professional development.

Other Benefits Duke employees receive 3 weeks paid parental leave for the birth or adoption of a child.

Other Benefits Duke gardens Nasher Museum of Art Duke Chapel Theater and performing arts 11 libraries Duke credit union Prominent speakers

TOTAL COMPENSATION Want to learn more about how to take advantage of your benefits at Duke? Attend Financial Fitness Week Monday, May 17: 1 p.m. – 5:30 p.m. Durham Regional Hospital Tuesday, May 18: 8:45 a.m. – 3 p.m. Duke Raleigh Hospital Wednesday, May 19: 9 a.m. – 5 p.m. Searle Center, Duke University Medical Center Thursday, May 20: 8 a.m. – 5 p.m. Bryan Center, Duke University hr.duke.edu/financialfitness