From the Offices of Human Resources and Payroll
To: UMW Faculty and Staff
From: The Offices of Human Resources and Payroll
Subject: 2016 Recognition Bonus Pay
Date: October 21, 2016
In recognition of their commitment and dedication, all administrative and professional (A/P) faculty, classified staff and wage employees employed as of August 25, 2016 will receive a one-time recognition bonus effective November 10, 2016.
Here are the final specifics:
- All A/P faculty and classified staff will receive a $1,000 bonus, which will be paid on December 1, 2016.
- Wage employees who worked more than 100 hours total during fiscal year 2016 will receive a $500 bonus, which will be paid on December 9, 2016.
- Wage employees who worked less than 100 hours total during fiscal year 2016 will receive a $100 bonus, which will be paid on December 9, 2016.
- Classified employees and A/P faculty must have attained a satisfactory performance evaluation in the most recent cycle (overall Below Contributor and Unsatisfactory performance ratings are not eligible).
Important Notes:
- Employees who receive a bonus payment and who participate in a 403(b) or 457 Plan may contribute some of or the entire bonus to their Plan in order to defer most of the state and federal income tax. To contribute the bonuses to the 457 Plan, currently enrolled participants must submit to the UMW Payroll Office, by October 31, 2016, a Payroll Authorization One-Time Deferral form. See FAQ’s for more information.
- The bonus is considered a discretionary bonus and will not be included in overtime calculations.
Please contact the Offices of Human Resources or Payroll with any questions. 2016-recognition-bonus-faqs
