Other Payroll Expenses
This amount is charged to the employing department's account in addition to the gross amount of employee's wages. OPE is charged to the account from which the employee is paid. When an account change is made, the OPE will automatically transfer. The costs are summarized on the monthly general ledger statement.
The amount of OPE paid for each employee is based upon the type of employment (academic, classified/management, student) the gross pay amount, retirement eligibility and any insurance deductions.
Since OPE rates vary monthly, BRP makes estimates so departments may plan for this expense. Contact your analyst for more information.
OPE consists of employer contributions toward FICA, pension, medical insurance and workman's compensation.