Definition of Benchmark Measures: Jobs Created or Maintained

Jobs Created or Maintained: The number of jobs created or maintained by research and technology assistance programs across the UT system. Number jobs will be estimated using a standard reporting form and will incorporate the Department of Defense formula that is currently utilized by IPS. This formula estimates that additional revenues of $50,000 results in one additional job in the commercial sector. Savings of expenditures are not included as revenue and are not included in job calculations. The report covers the calendar year. In addition, number of actual jobs (FTEs) funded by grant and contract funding, both from sources outside Tennessee and Tennessee sponsors, coming to UT will be determined from annual payroll records.

The University of Tennessee