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 > > > > > >====================================================================== > > 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") > >====================================================================== > > > > > 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 > > ====================================================================== > 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") > ====================================================================== -- 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") ======================================================================