GW’s benefits packages for its employees land in the middle of a list of similar universities, according to a University release Wednesday.
Mercer, a global consulting group for health and retirement benefits, estimated that GW’s average bundle for healthcare, retirement and tuition benefits for employees comes in at $17,245 each year in a report published Wednesday. That total ranked eighth out of 18 peer institutions.
The report assigned rankings for three sections — healthcare, retirement and tuition — in addition to an overall score out of 18. GW came in at No. 8 in health, No. 7 in retirement and No. 10 for tuition benefits. The report does not show rankings for the other institutions.
In a town hall meeting with Vice President for Human Resources Sabrina Ellis and Senior Vice Provost for Academic Affairs and Planning Forrest Maltzman, staff members asked for more details and communication about their health and tuition benefits.
University President Steven Knapp requested the report after a meeting with the Benefits Advisory Committee in June. Knapp also established a task force centered on evaluating GW’s benefits, but chose not to adopt all but one of the group’s short-term recommendations in May.