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Friday, Oct 31, 2014

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Controller reminds faculty about pay cycle change


On Tuesday, Ohio University Controller Julie Allison sent an email to all faculty reminding them about the pay cycle change.

Dear Colleagues:
 
This notification serves as a reminder to faculty about the pay cycle changes that will be implemented as a result of the change to semesters.

Under the semester system, faculty on academic year appointments (nine months) will be paid 18 payments during the academic year. Nine equal payments will be made for each academic semester with payments paid semi-monthly on:
 
Fall Semester                                            Spring Semester
Sept. 15 & 30                                     Jan. 31
Oct. 15 & 31                                      Feb. 15 & 28(9)
Nov. 15 & 30                                      March 15 & 31
Dec. 15 & 31                                      April 15 & 30
Jan. 15                                              May 15 & 31
 
In cases where faculty have chosen the 12 Month Pay Option, twenty four payments will be paid semi-monthly beginning on Sept. 15 through Aug. 31. The pay schedule follows:
 
Fall Semester                          Spring Semester Summer
Sept. 15 & 30                      Jan. 31                                
Oct. 15 & 31                        Feb. 15 & 28(9)                 
Nov. 15 & 30                       March 15 & 31                        
Dec. 15 & 31                       April 15 & 30
Jan. 15                               May 15 & 31
 
Deferred Salary for 12 Month Pay Option
June 15 & 30
July 15 & 31
Aug. 15 & 31
 
Faculty who do not have appointments for a full academic year will be paid on a semester basis. Nine equal payments will be made for each academic semester and paid on the same payment schedule indicated above depending on which semester appointment is applicable (fall or spring).
 
Summer pay cycles under the semester calendar will result in three pays for each session as follows:
 
Summer Session I                                    Summer Session II

June 15 & 30                                           July 31
July 15                                                   Aug. 15 & 31
 
Questions
If you have questions about these changes please contact the Payroll Office at 593-1860. A frequently asked questions (FAQ) document is also posted on the main page of the Payroll Office website.

Sincerely,
 
Julie Allison
University Controller