What are important pay dates that I should know?
The final monthly payroll payment will be received on August 31, 2009. It will include time worked for August 1-August 22. The timing of the transition would have caused a cash flow shortage equivalent to 6 days. Because the University would like to minimize any adverse impact on its valued employees, each employee affected by this change will receive a one-time transition supplemental payment for 6 days. This payment will be included on the August 31, 2009 paycheck, effectively making it a regular payroll payment. This transition supplemental payment does not need to be repaid to the University. The first bi-weekly paycheck will be received on September 18, 2009 for the pay period August 23, 2009 through September 5, 2009. The second bi-weekly payment will be received one day earlier than usual on October, 1, 2008. Again, this change is being made in order to minimize any adverse impact on employee cash flow. Payroll payments will be received every other Friday thereafter.
