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Home :: Policies :: Temporary Salary Savings

Temporary Salary Savings

Responsible Department
Budget Office
Effective Date
07/27/2015
  1. .

    Purpose

    To define Temporary Salary Savings and overview the appropriate usage of those savings.

  2. .

    Definitions

  3. .

    Statement

    1. Temporary salary savings (one-time only) result from a budgeted position which is temporarily filled by a limited term employee at a lower salary or which remains vacant for part or all of the year.

    2. Temporary salary savings cannot be used for equity adjustments.

    3. Temporary salary savings in academic departments will remain in the academic department at the discretion of the College Dean or, in case of a unit which reports directly to the Provost, at the discretion of the Provost.

    4. Periodic salary studies will be prepared and any salary adj. will be done on a rotating annual basis between faculty & staff. Staff adj. would occur on odd fiscal years & assessments for faculty will occur on even fiscal years. These adjustments will only be awarded during the presentation of the original fiscal budget with new monies if sufficient funds are available.

    5. The Vice President of any unit/division has the authority to override any budgetary decisions regarding the use of temporary or permanent salary savings within the unit
  4. .

    Support Info

  5. .

    Procedures

    1. See “Budget – Temporary Salary Savings – Procedure

    2. Any related operating procedures must comply with and should reference this policy.

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