Budget Position Change Budget Position Change Training AgendaTraining Agenda

When is a Position Form Required?

What are your options?Introduction to the New Position

Change FormCalculating BenefitsExamplesQuestions?

When is a Position Form When is a Position Form Required?Required?

Create New Position Faculty Replacement-Above or Below

current budgeted amount Staff Replacement-Above current budgeted

amount Request funds for Temporary Personnel Change in Funding Source, Percent of Effort Change in Vacant PIN funding Reclass or Equity

o Recommended only during Budget Development unless being done with a replacement

Options for Funding-Options for Funding-Requests above Current Requests above Current Budgeted AmountBudgeted AmountThe following options for funding the increase in the budgeted salary include:The department can request that funds are allocated from the VP’s Salary Contingency account if available. (Note: list of accounts in your packet)

The department may request use of funds from another Vacant PIN. This would require that the Dept. complete a Position Change Form for this PIN also.The department may request to use funds available in the Wage pool from any one of its accounts. This reduction in the Wages category will be a permanent budget change.The department can consult with the VP for other funding sources available within the division. These budget changes would be permanent.

The Budget Department The Budget Department proudly presents……proudly presents……

The New Budget Change

Form

Calculating BenefitsCalculating Benefits Benefits should be calculated for every position, regardless of

funding source. Use the following table to calculate benefits.

Exceptions include employees• 50%-99.9%- calculate 16.3% X Salary, plus fixed monthly amount for

insurance (see fixed amount in guidelines in your packet)

• Less than 50%- calculate 8.05% X Salary and Wages

Yearly Salary Benefit Percent

$80,000 + 24.85%

$60,000 - $79,999

28.06%

$40,000 - $59,999

34.50%

$30,000 - $39,999

40.94%

$15,000 - $29,000

53.81%

ExamplesExamples

Create New PositionCreate New Position

Staff Temp ReplacementStaff Temp Replacement

Staff Permanent Staff Permanent ReplacementReplacement

Faculty Temp Faculty Temp ReplacementReplacement

Faculty Permanent Faculty Permanent ReplacementReplacement

Questions?Questions?