|
V. WAGES, SALARIES & PAYROLL
V A. Pay Schedule.
Wages are based upon factors such as the skill, education requirements, and
responsibility required in the performance of duty.
Non-exempt, hourly
employees’ jobs are categorized with other similar jobs at the institution
in order to have balance and equity in the wage system.
Recommendations for
wage increases are made by supervisors and are based on merit, with due
consideration for length of service. Requests for wage adjustments are
normally reviewed once per year.
All employees are
paid by check, whether biweekly (hourly personnel) or monthly (salaried
personnel). Direct deposit of regular bi-weekly and monthly payroll checks
is available upon completion of the appropriate forms in the payroll office.
V B. Time Sheets.
Wages for hourly employees are paid biweekly on the basis of time sheets
prepared by the employee and submitted through the supervisor.
The daily time
recorded shall reflect only (1) the amount of time actually worked, or (2)
the amount of normal work time the employee was absent for vacation with
pay, or for sick leave with pay, or for a holiday. Time recorded as
vacation with pay shall be identified with the letter “V”; time
recorded as sick leave with pay shall be identified with the letter “S”;
time recorded as a holiday shall be identified with the letter “H”.
It is the
responsibility of the employee to sign and complete the time sheet with
regard to name, Social Security number, L-RC payroll number, department
charged, and amount of time worked each day recorded to the nearest five
minutes. It is the responsibility of the supervisor to review the time
sheet and sign his or her approval before submitting it to the payroll
office. This should be accomplished prior to noon on Monday preceding
payday.
Biweekly paychecks
are ready for distribution by 12:00 noon on alternate Fridays; they are
delivered either to supervisors or to individuals. Monthly paychecks are
ready for distribution by 10:00 a.m. on the 26th of each month;
they are delivered either to individuals or to campus mail boxes. Any
deviation from this schedule must be cleared through the payroll office.
When biweekly or monthly pay days fall on holidays or weekends, checks
traditionally are distributed the Friday before.
The college does not
make advances on wages or salary.
V C. Compulsory
Payroll Deductions. The
following compulsory payroll deductions will be made from your paycheck;
federal and state withholding taxes, Social Security and Medicare taxes,
upon court order, child support and back tax payments, and amounts owed to
the college for parking tickets.
V D. Withholding
Forms. In accordance with
federal and state regulations, you may file new Employee’s Withholding
Exemption Certificates (Forms W-4 and NC-4) each year and within ten days if
the number of exemptions you previously claimed decreases. Forms can be
picked up and completed at the payroll office.
V E. Voluntary
Payroll Deduction. It is the
policy of Lenoir-Rhyne University to consider payroll deduction service for
savings and investments desired by six or more employees. The college
reserves the right to judge whether a company or organization best serves
the needs of employees and is compatible with the mission of the college.
Opportunities for
outside savings and investment organizations to address employees are
occasionally approved. If there is significant interest in payroll
deduction service following such a presentation, the request will be
reviewed by the personnel and status committees of the faculty and the Human
Resource staff, and by the vice president for administration and finance.
At present the
following payroll deduction services are available to employees: regular
pension and Supplemental Retirement Annuities with TIAA-CREF; tax-sheltered
annuities with American Express Financial Services, Aid Association of
Lutherans, and Lutheran Brotherhood; cancer/intensive care insurance with
Loyal American Life Insurance Company; US Savings Bonds; savings and loan payments to
both Members and Shuford Credit Unions; gifts to the college and the Piedmont Education
Foundation; gifts to United Way; and dues to the AAUP.
|