Benefits for Academic Year Employees
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First Published :Wed Jun 10 12:58:15 GMT 2015
Last Modified :Tue Jun 23 13:15:37 GMT 2015
Last Published :Tue Jun 23 13:15:37 GMT 2015
Describes the benefits and payment process for those who are not employed during the summer months.
Due to the nature of the academic year schedule, some employees are hired to work only during the academic year, with unpaid breaks during winter intercession and summer, after commencement.. However, the employee’s benefits continue throughout a 52-week year. Benefit costs are determined by the benefits the employee selects, and then the employee’s share of premium costs are divided by the number of pay periods in the year (24 for semi-monthly; 52 for weekly paid employees). While the employee is working, a set amount is deducted each pay period. During the time when the employee is not working, and therefore is not being paid, the benefits payments go into arears. When the employee returns to work after the unpaid period, benefit deductions are doubled each pay period until the amount owed in arears is paid in full.
Benefits, payments in arears, academic year, 44 week employees, 40 week employees