Skip To Navigation Skip To Content Skip To Footer

    The MGMA membership renewal portal is experiencing intermittent issues. We are working on a fix. If you're unable to renew, please call 877.275.6462 ext. 1888 or email service@mgma.com to renew.

    Home > Management and Staff Glossary

    Continuing Education Amount Offered (in Dollars)

    The total dollar amount allocated to each individual for continuing education (CE).

    Paid Time Off (in Hours) for Continuing Education

    The total amount of paid time off allocated to each individual for continuing education (CE).

    Paid Time Off (PTO) Offered (in Hours)

    The amount of paid time off allocated to each individual per year. This will only reflect practices that combine vacation and sick time.

    Included:

    • Vacation days;
    • Sick leave; and
    • Personal days.
     

    Not included:

    • Holidays;
    • Short-term or long-term disability leave;
    • Workers’ compensation leave;
    • Family and medical leave;
    • Sabbatical leave; or
    • Community service leave.
     

    Retirement Benefits

    All employer contributions to retirement plans including defined benefit and contribution plans, 401(k), 403(b), and Keogh Plans, and any non-qualified funded retirement plan.

    Not included:

    • Employer contributions to social security mandated by the Federal Insurance Contributions Act (FICA);
    • Voluntary employee contributions that are an allocation of salary to a 401(k), 403(b), or Keogh Plan; or
    • The dollar value of any other fringe benefits paid by the practice, such as life and health insurance or automobile allowances.
     

    Retirement Benefits as a Percent of Total Compensation

    All employer contributions to retirement plans including defined benefit and contribution plans, 401(k), 403(b), and Keogh Plans, and any non-qualified funded retirement plan divided by the total compensation amount paid annually.

    Not included:

    • Employer contributions to social security mandated by the Federal Insurance Contributions Act (FICA);
    • Voluntary employee contributions that are an allocation of salary to a 401(k), 403(b), or Keogh Plan; or
    • The dollar value of any other fringe benefits paid by the practice, such as life and health insurance or automobile allowance.
     

    Sick Time Offered (in Hours)

    The number of hours each individual was given annually for sick time. This will only reflect practices that separate out vacation and sick time.

    Vacation Offered (in Hours)

    The number of hours each individual was given annually for vacation. This will only reflect practices that separate out vacation and sick time.

    Not included:

    • Any paid time off for continuing education (CE).

    Ask MGMA
    An error has occurred. The page may no longer respond until reloaded. Reload 🗙