SIF BUDGET GUIDELINES TEMPLATE
Year 1 PAY COSTS Academic Salary PRSI (10.75%) Cost of Living Sub-total Administration Salary PRSI (10.75%) Cost of Living Sub-total Total Pay Costs NON-PAY COSTS Travel Consumables Consultancy Software/Licences Conferences/Workshops Equipment Staff Development Other Costs Total Non-Pay Costs TOTAL 0 0 0 0 0 0 (See salary scales on web-site) Year 2 Year 3 Total
0 0
0 0 0
0 0 0
0 0 0 0 0 0 0 0 0
0 0 0
0 0 0 0
0 0 0 0
0 0 0 0 0
0 0
0 0
0 0 0 0 0
MATCHED FUNDING PAY COSTS Academic Administration Sub-total NON-PAY COSTS Sub-total INDIRECT COSTS 25% overheads Sub-total TOTAL 0 0 0 0
FR-AS-004
Finance Division Created June 2008
Version 1.0
NOTES
Cost of Living Increase: 3% Yr:2 and 6% Yr.3 PRSI Contribution 10.75% Overheads Rate: 25% Pension Not Included For all positions in both academic/administration follow breakdown above
Calculation of Hourly Rate (Matched Funding)
Average Number of Hours Per Year Example Salary PRSI (10.75%) Total Hourly Rate 20000 2150 22150 14 1540
FR-AS-004
Finance Division Created June 2008
Version 1.0