41.008: Academic Year Pay Schedule for Faculty
| Status: | Approved on May 7, 2012 | Signatures and dates
on archival copy |
| Effective: | August 27, 2012 | |
| Initiated by: | Julie Allison
University Controller | |
| Endorsed by: | Pam Benoit
Executive Vice President and Provost | |
| Approved by: | Roderick J. McDavis
President | |
    
  
- I. Overview
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This policy establishes the standard pay dates for faculty.
This policy does not pertain to summer sessions or overload contracts.
Ohio University pays full or part-time faculty on academic year appointments in eighteen (18) payments during the academic year. Nine (9) equal payments will be made for each academic semester:
- fall semester payments will be paid September 15 and 30, October 15 and 31, November 15 and 30, December 15 and 31, and January 15;
- spring semester payments will be paid on January 31, February 15 and 28 (or 29), March 15 and 31, April 15 and 30, and May 15 and 31.
- II. Special Cases
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In cases where the twelve-month pay option is selected, twenty-four payments will be paid semi-monthly, beginning on September 15 and through August 31 (see also Policy 41.007).
All faculty who do not have appointments for a full academic year will be paid on a semester basis. Nine (9) equal payments will be made for each academic semester and paid on the same payment schedule stipulated above for the semester employed.
In the event that a partial semester pay is necessary, it will be calculated in accordance with Policy 41.004.
Overload contracts will be paid in accordance with Policy 41.002.
- Reviewers
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Proposed revisions of this policy should be reviewed by:
- Vice President for Finance and Administration
- Chief Human Resource Officer
- Faculty Senate
- Forms, References, and History
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- A. Forms
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There are no forms that are specific to this policy.
- B. References
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The following items are relevant to this policy:
- Policy 41.002, "Part-time and Overload Presidential Appointments."
- Policy 41.004, "Computing Partial Salary for Faculty and Graduate Assistant Contract Employees."
- Policy 41.007, "Twelve Pay Option."
- C. History
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Draft versions of this policy that were circulated for review, their cover memos, their forms, and Reviewers' comments on them are available on the password-protected Review site, at https://www.ohio.edu/policy2/41-008/.
Prior versions of this policy were approved on December 18, 2002 and March 1, 1993.
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