Re: Vacation Time Accounting for Soft-Money Employees Stephen Erickson 02 Jun 2000 09:40 EST

This sounds like a great way of handling this problem. I assume your cognizant
audit agency has approved the inclusion into the fringe rate.  Thanks for
responding.

Steve

"Claire L. Carlson" wrote:

> Steve,
>
> The University of Montana has a policy that covers sick and annual leave
> for grant-funded employees.  Basically, we developed a sick and annual
> leave assessment which is included in the fringe benefits charged against
> all grants.  When grant-funded employees take sick or annual leave, the
> salary for the leave is charged to the pool, and not to the grant.  Sick
> and annual leave pay-offs for grant-funded employees are also done from the
> pool.  I'll fax you the policy.
>
> Claire
>
> At 07:45 AM 06/02/2000 -0400, you wrote:
> >We are tryting to come up with a policy on paying and accounting for
> >vacation time accrued by employees whose appointments are completely
> >dependent on sponsored funding. The problem arose some time ago when a
> >particular one year grant ended and three indivduals' appointments ended
> >with it. They had not taken any vacation time during the course of the
> >one year grant and were, understandably, looking to get paid for those
> >days upon their departure. The department chair, dean, and academic vp
> >then went scrambling because they didn't have any money readily
> >available to deal with this. If you have a policy or guidelines that
> >address this issue, could you fax me a copy to the number below Thanks.
> >
> >Steve
> >
> >--
> >Stephen Erickson, Director
> >Office of Research Administration
> >Boston College
> >McGuinn Hall 600
> >Chestnut Hill, MA 02467
> >Telephone: 617-552-3344
> >On-Campus Fax:  2-0747
> >Fax to my computer:  413-895-8328
> >
> >
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> >
> Claire L. Carlson
> Associate Vice President for Research
> The University of Montana
> E-mail: xxxxxx@selway.umt.edu
> Phone: 406-243-5796
> Fax: 406-243-6330
>
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--
Stephen Erickson, Director
Office of Research Administration
Boston College
McGuinn Hall 600
Chestnut Hill, MA 02467
Telephone: 617-552-3344
On-Campus Fax:  2-0747
Fax to my computer:  413-895-8328

======================================================================
 Instructions on how to use the RESADM-L Mailing List, including
 subscription information and a web-searchable archive, are available
 via our web site at http://www.hrinet.org (click on "Listserv Lists")
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