Utah Valley University
Policies and Procedures

COVER SHEET
Policy Title: 351 - Annual Compensation and Benefits Plan (LIMITED SCOPE) 
Type of Policy: Modification of an existing policy . 
Draft Number and Date:  
President's Council Sponsor: Val Peterson  Ext. 8424 
Policy Steward: Corey Callahan  Ext. 8389 
POLICY PROCESS STAGES AND DATES
Stage 1: Origination and Development
Entrance Date: Sep 20, 2012
Stage 2: Institutional Entities Review
Entrance Date: Oct 18, 2012 
Stage 3: Campus Community Review
Entrance Date: Feb 28, 2013 
Open Feedback: Mar 28, 2013 
Close Feedback:  
Stage4: President's Council Approval
Date Approved: Apr 11, 2013 
FINAL POLICY OFFICE REVIEW FOR POSTING
Stage 5: Board of Trustees Approval
Date Approved:  
Policy Number: 351 
Section: Human Resources 
Sub section: Compensation and Benefits 
 
Verify:
[   ] Title
[   ] Board of Trustees revisions
[   ] Approval Date
[   ] Effective Date
[   ] Proper format of web posting
[   ] TOPS Pipeline and Archives
 
Stage 5: Live Policy
Post to Live Date:  
Policy Office personnel who verified and posted this policy in the Website
Name:  
Date posted and verified:


Utah Valley University
Policies and Procedures

Title Annual Compensation and Benefits Plan (LIMITED SCOPE) Number 351
Section Human Resources Approval Date  
Subsection Compensation and Benefits Effective Date  
I. Policy

4.1 Annual Compensation/Benefit Plan

 

4.1.1 The institutionUniversity shall provide an annual compensation/benefit plan as established by the president and approved by the Board of Trustees. Insofar as is possible, the compensation/benefit plan shall be:

 

1) Adequate―Meeting minimum governmental, institutional, labor market, and employee requirements;

 

2) Equitable―Paying employees fairly in line with job requirements, effort, performance, abilities, education, training, and so on;

 

3)

3) Cost Effective―Being within the scope of what the college University can afford to pay based on legislated and other funding sources;

 

4) Balanced―Providing a reasonable combination of pay, benefits, and other rewards; and

 

5) Motivational―Providing enough incentive for employees to be efficient, effective, and productive in their work.

 

4.2 Salary and Wage Schedules

                                                                                                         

4.2.1 Salary and hourly wage schedules for adjunct and overload faculty, and classified exempt, nonexempt, and student employees shall be reviewed and published annually as part of the institution's compensation/benefit plan. Current schedules are maintained in Human Resources the Personnel Office.

 

4.3 Employee Benefits

 

4.3.1 The institutionUniversity's annual compensation/benefit plan shall define employee benefits to be provided to benefits-eligible positions for a given plan year.                                

   

 

II. Procedures

A. PAY DAYS AND PAY CHECK PROCEDURES

 

1.     Pay Days for Hourly Employees

The standard pay days for employees paid on an hourly basis are the 1st and 16th of each month. Checks issued on the 1st are for work performed from the 1st to the 15th of the previous month. Checks issued on the 16th are for work performed from the 16th to the end of the previous month. Generally, time cards must be submitted two working days after the last working day of the pay period. Payments for late time cards will be paid on the next payroll.

2.     Pay Days for Adjunct Faculty
The standard pay days for adjunct faculty will be the 1st and 16th of each month during the semester. Total adjunct pay is spread in even payments throughout each semester.

                                             

3.     Pay Days for Overload Faculty and Staff
Full-time faculty or staff who are contracted to teach by semester appointment will receive equal payments spread over the semester taught. These payments will be paid as part of regular contract paychecks on the 1st and 16th of each month.

 

4.     Pay Days for Salaried Employees
The standard pay days for salaried employees are the 1st and 16th of each month. Checks
issued on the 1st are for the work performed during the last half of the previous month; those issued on the 16th are for work performed during the first half of the current month.

                                                 

5.     Pay Days that Fall on a Weekend or a Holiday
When a standard pay day falls on a Saturday, checks are issued on Friday. When a pay day falls on Sunday, checks are issued on Monday. If pay day falls on a holiday on Friday, checks are issued on Thursday. If the holiday falls on any other week day, checks are issued the following day.

 

6.     Pickup Procedures
Checks and direct deposit pay stubs will be disbursed on payday by the payroll coordinator. All employees are assigned to the coordinator of the department where the greatest percentage of pay is received. Special arrangements may be made for check distribution (hold, mail, etc.) during vacation or holidays with the payroll coordinator.

 

7.     Direct Deposit
University employees are encouraged to have their pay checks deposited directly to a bank account via magnetic wire transfers. Forms and additional information are available from departmental personnel coordinators and the Payroll Office.

 

Cara O'Sullivan, Policy Officer | mailto:cara.osullivan@uvu.edu | (801) 836-7355
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