Dear HR Liaisons,
One, thank you for your patience with the recent plethora of emails. Two, thank you in advance for communicating with faculty members regarding their possible smaller August paycheck.Â
Some faculty may have been negatively impacted by the late academic year start and potentially smaller August paycheck. In coordination with Employee Services, we are providing a one-time advance for impacted faculty for up to two weeks of pay, to be paid on September 15th. Please note and communicate with faculty this will reduce the amount paid to the rest of the AY based on the amount they are paid in advance. They are not being paid more than their contract, only given an advance of some amount of their AY contract. If you have faculty members who want to receive a one-time advance, please submit to HRSC (via HRSC@colorado.edu) by 2:00 PM, Monday, September 11, with the following fields in a spreadsheet:Â
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- Record NumberÂ
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The amount can be calculated by viewing the HCM record --- compensation tab ---Â pay rates drop-down:Â
- Daily Contract Rate x 3.5 = 1 week
- Daily Contract Rate x 7 = 2 weeks
- This is adjusted to accommodate for HCM displaying 9-pay-9 daily rates and adjusting for 9-pay-12 pay schedule. Â
This will be submitted in the off-cycle, to be paid on Friday, September 15. Please reach out to Kenny Nelson if you have any questions or follow-up.Â
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