BI-WEEKLY PAYROLL
Information for Full-time Staff
Each pay period will cover two weeks, beginning with a Saturday and ending on a Friday. Pay for the pay period will be issued on a Monday, ten days after the end of the pay period. For those who have their check deposited directly to a financial institution, the deposit will usually take place on a Friday (seven days after the end of the pay period).
Staff increases will be effective at the beginning of the pay period which includes September 1. Therefore, the 2007-2008 salaries will be effective August 25, 2007.
Vacation and sick leave will be accrued each bi-weekly pay period on an hour-per-hour basis:
Bi-Weekly Accrual
Sick Leave = 3.69 hours (12 days/yr)
Vacation = 3.69 hours (12 days/yr) - less than 5 years service
4.62 hours (15 days/yr) - 5-10 years service
5.54 hours (18 days/yr) - 10-15 years service
6.77 hours (22 days/yr) - 15 + years service
If less than full pay for the pay period, the hour-per-hour accruals are calculated based on the following:
3.69 hours = .046125 x hours paid
4.62 hours = .05775 x hours paid
5.54 hours = .06925 x hours paid
6.77 hours = .084625 x hours paid
The payroll calendar for 2007-2008 is shown below.
If you have questions, please call the Compensation Department (Evelyn Young) at extension 2-4092.
Attachment | Size |
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Payroll Calendar 2007-2008.xls | 23 KB |