The Office of Budget and Finance is open for business, although we are working remotely. Please continue doing business with us as usual, but be aware that most of us do not forward our office phones. Email or chat (via Microsoft Teams) may be the best way to reach us. Additional announcements relevant to a specific department may be found on that department’s home page.
Eligible faculty members have the option of choosing a 12-month salary payment plan, commonly called a salary spread, from their nine-month salary appointment. Faculty who choose the 12-month salary election will be paid from September until August of the following year in 12 equal payments.
Faculty members are not eligible for salary spread if any of the following situations apply:
Internal Revenue Code Section 409a and deferred compensation regulations stipulate and require a 12-month salary election must be made and completed prior to the school year or work period. Furthermore, the election of either 12-month or nine-month salary election is irrevocable during the school year. The Salary Pay Election will remain in effect until a new Salary Payment Option Form is submitted or when pay from an ineligible funding source invalidates the 12-month salary pay election.
If a faculty member elects the salary spread, and later is separated from the University prior to August 31 of the year in which he/she participates, all deferred funds will be paid in a lump sum to the employee or to the employee’s estate.
The Gross Pay Calculator is an Excel workbook that will calculate gross salary by month and for the entire fiscal year.
Employees are strongly encouraged to sign up for direct deposit. For employees who cannot, payroll will print a paper check available for collection as follows:
|Monthly||Checks may be picked up from the Payroll office, SP2 12.502, after 8:30 a.m. on the first work day of each month.|
|Semi-Monthly||Checks may be picked up from the Payroll office, SP2 12.502, after 8:30 a.m. on the first and fifteenth calendar day of each month. If the first or fifteenth day falls on a weekend or holiday, paychecks will be available the next business day.|
Keeping your personal information updated in the Galaxy portal is important as it ensures that the Payroll department, as well as other departments such as Human Resources, can contact you when necessary.
All of the following personal information can be updated via the Galaxy Staff Tools menu:
To update any of this information, please log in to the Galaxy portal. Navigate to the “Staff Tools” folder and select “Personal Information.” This folder will contain links to your current information and will allow you to update it as needed.