Later this month, every full-time employee of Boston College will receive the Total Compensation Statement: a personalized document that details the total compensation, salary plus benefits, they receive from the University. The TCS, which represents information for the calendar year 2020, will be mailed to employees' home addresses.
Introduced by BC last year, the annual statement lists an employee's base salary plus health and wellness benefits, retirement plans, and tuition remission. The non-salary section will be detailed further to show an employee's contribution and BC's contribution. Also included are descriptions of all the benefits the University offers, from disability coverage to group auto and home insurance to adoption assistance.
Note: New employees who started on or after Oct. 1, 2020 should not expect a statement this year.
University Communications | February 2021