Employees who have terminated employment must be paid regular salaries or wages through their last day of work.
Research Foundation employees are paid for accrued vacation time to a maximum of 30 days upon termination of employment.
Payment for accrued vacation time will not be made until the pay period following termination or notice of termination, whichever is later.
Campus locations should charge payments for accrued vacation and severance at termination to the campus GL withholding award by entering a nonrecurring earnings element (Vac Pay Term or Sev Pay) using the appropriate expenditure type from the list below:
For more information, refer to to "Corporate GL Withholding Awards" and "Enter a Nonrecurring Earnings or Deductions Element."
For information on recouping an overpayment through vacation payments, please refer to Collecting Payroll Overpayments.
Employees will not be paid for accrued but unused sick, personal or holiday time.
Operating locations with a standard workweek of 37.5 hours that have elected to provide paid time off in lieu of wages to a nonexempt employee for the nonovertime portion of any time worked in excess of 37.5 hours for a given week must pay the employee for any such unused time when the employee terminates from Research Foundation employment.
The payment must be:
If a sponsor is unable or unwilling to make payments for unused time, the operating location must do so.
Note: Employees must be paid for any such unused time whenever their account appointment terminates, even if they are transferred to another account and remain employed by the Research Foundation. The liability cannot be transferred to another account.
For more information about paid time off in lieu of wages, see Paid Time Off in Lieu of Wages.
When Research Foundation administrative positions are eliminated as part of an approved reduction-in-force program, employees may be eligible for severance pay.
The Research Foundation operations manager is responsible for
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