17. SALARY/ADJUSTMENT
17.01 Correcting Payroll Errors:
Payroll errors amounting to one day’s pay or more, when brought to the attention of the Payroll Department, shall be corrected within 2 payroll workdays from the time the error is reported to Payroll by the affected staff member. Staff members scheduled to be off on payday may receive their paycheck the day before payday in accordance with University Policy.
17.02 Salary Program November 1, 2002 to October 31, 2005:
A. Effective November 1, 2002, all bargaining unit members in the unit as of July 1, 2002 shall receive an across the board wage increase of 2.5% of salary, except that those employees receiving a performance rating of “1” shall not be eligible to receive said increase.
B. Effective November 1, 2002, all bargaining unit members in the unit as of July 1, 2002 receiving a performance rating of “3” or higher shall receive a merit adjustment. The merit adjustment shall be administered by each operating unit, pursuant to the terms set forth at Section C below. The pool for the merit adjustment shall be equal to one percent (1%) of payroll for each operating unit as of October 1st of the Fiscal Year in which the increase is payable.
C. Merit adjustments shall be made as follows:
Step 1: Determination of “share” value:
A “share” of the merit pool shall be determined as follows:
(a) The performance rating number (3, 4 or 5) shall be multiplied by the number of people in the operating unit receiving that rating.
Example:
10 people receive 5 10 x 5 = 50
20 people receive 4 20 x 4 = 80
50 people receive 3 50 x 3 = 150
(b) Add the total number of “points” of resulting calculation:
50 + 80 + 150 = 280 “points”