General Questions
The one-time payment is based on the employee’s regular salary rate as of 6/30/2021 after the temporary campuswide pay reduction is ended. The 2% payment covers the 6 month gap between the previous July 1 merit date and the new January 1 merit date. This results in a payment for the employee equivalent to 1% of their annual academic year contract or 12-month salary. This does not include summer appointments or other administrative/academic appointments for academic faculty. Only the academic year, or 12-month (for faculty with 12-month appointments), base salary for faculty will be considered in the calculation.
In recognition of the challenges employees met during the past year’s pandemic and the compensation cycle shift approved by the Board of Regents on April 8, 2021, the campus is providing, for this fiscal year only, a one-time, non-base building payment to eligible faculty, research faculty and university staff employees.
“Non-base building” means the pay increase is temporary or one-time and does not add to the employee’s continuing regular salary rate. An increase that raises an employee’s continuing/ongoing salary is considered a “base-pay” increase. A non-base building pay increase has an end date.
The one-time non-base building lump sum payment will be received as part of the July 2021 end of month payroll processing.
Taxes will automatically be deducted from the payment and a breakdown can be viewed in “Paychecks” in MyInfo. Benefits will not be deducted from this payment.
Earnings code PPO – NonBase Building
- Retirement eligible (401(a) and PERA)
- Taxed at the supplemental rate.
- This code will not show up on EPERS effort reportingRetirement eligible (401(a) and PERA)
Employee Eligibility
Eligible employees include regular faculty, research faculty, and university staff who have an active appointment as of July 1, 2021 and who also meet the conditions below.
- Regular faculty and university staff who received a ‘meeting expectations’ or higher performance rating during the 2020-2021 performance management cycle.
- Research faculty who held active appointments as of January 31, 2021. (Due to the timing of the performance evaluation cycle, research faculty will generally not have performance scores on file by July 2021.)
As approved by the state of Colorado legislature, classified staff employees will receive a 3% across-the-board base-building merit increase effective July 1, 2021 instead of the one-time non-base building payment.
Temporary employees are not eligible.
The following employees with an active appointment as of January 31, 2021 are eligible:
- Tenured and Tenure-Track Faculty
- Sr. Instructors (including those with the working title of “Teaching Professor”) and Instructors (must be on multi-year agreements)
- Institute Directors
- Scholars-in-Residence (must be on multi-year agreements)
- Artists-in-Residence (must be on multi-year agreements)
- Research Faculty (not including temporary)
- University Staff (not including temporary)
- Graduate and undergraduate student employees, temporary staff or research appointments are not eligible.
- Summer research, teaching, administrative, or additional appointments are not included. Only primary appointments will be considered.
Employees must also have an active appointment as of 7/1/2021 and be in satisfactory performance standing at the time of the snapshot.
No, the one-time payment is not limited to only those employees impacted by the temporary campus-wide pay reductions/furloughs.
Financial Questions
The one-time payment will be funded and directly charged to central campus sources. This has been made possible because of the pandemic relief funding provided by the Federal Government. One-time payments made to eligible employees funded from gifts, grants, contracts, or auxiliary funds will also be directly charged to these central campus sources.
HR & Payroll Questions
Budget and Fiscal Planning and Human Resources will coordinate amounts and upload into HCM. HR Liaisons will be able to review and confirm payments once entered into HCM.
The one-time payment is based on the employee’s regular salary rate as of 6/30/2021 after the temporary campuswide pay reduction is ended. The 2% payment covers the 6 month gap between the previous July 1 merit date and the new January 1 merit date. This results in a payment for the employee equivalent to 1% of their annual academic year contract or 12-month salary. This does not include summer appointments or other administrative/academic appointments for academic faculty. Only the academic year, or 12-month (for faculty with 12-month appointments), base salary for faculty will be considered in the calculation.
For hourly staff employees and research faculty, the campus will base the increase on the employee’s earnings from March 1, 2020 through February 28, 2021.