Charging Market Rates
Elaine Brock
(25 Jun 2020 08:46 EST)
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Re: Charging Market Rates Michael Spires (25 Jun 2020 09:05 EST)
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Re: [External] [RESADM-L] Charging Market Rates
Vann, Ryan
(25 Jun 2020 10:06 EST)
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Re: Charging Market Rates
Gibson, Mary J. (Mary)
(25 Jun 2020 12:26 EST)
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Re: Charging Market Rates Michael Spires 25 Jun 2020 09:05 EST
Not for a federal award, no. 2 CFR §200.430.h.2 specifies that for universities, salaries are only allowable at the institutional base salary rate. Besides, it's a bad idea (in my estimation, anyway) to do faculty salary on an hourly basis anyway - they're salaried employees, so that's not how they're paid normally. Converting to an hourly rate just creates more work for you and confuses things when you're trying to reconcile effort reporting. There are some circumstances (ARPA-E being the most common) where a sponsor's form requires you to enter an hourly rate (which always leads to nightmarish amounts of fiddling as I tried to get enough decimals into the spreadsheet to make the number match what it needed to be for our internal budget), and you can't get around that. But I always footnoted those worksheets to indicate that although we'd entered an hourly rate, it would be paid and tracked in our internal systems on a monthly salary basis, as that was how our personnel system was set up for faculty employees (and also for a lot of technical staff). To paraphrase Occam's Razor, "salary bases are not to be multiplied beyond what is necessary." Best, Michael Spires, M.A., M.S., CRA (He/him/his) Research Development Officer, Sciences The Research Office Oakland University 256 Hannah Hall 244 Meadow Brook Road Rochester, MI 48309-4451 (248) 370-2207 xxxxxx@oakland.edu Past President, National Organization of Research Development Professionals Oakland University has taken steps to slow the spread of COVID-19. Nevertheless, the Research Office is available to faculty and staff for all the research development, proposal submission, and award management services that we routinely provide; please reach out to us through email (first preference) or phone. -----Original Message----- From: Research Administration List <xxxxxx@LISTS.HEALTHRESEARCH.ORG> On Behalf Of Elaine Brock Sent: Thursday, June 25, 2020 9:47 To: xxxxxx@LISTS.HEALTHRESEARCH.ORG Subject: [RESADM-L] Charging Market Rates Are there situations in which a university can charge "market rates" (i.e., institutional base salary converted to an hourly rate than marked up to be consistent with what the sponsor would pay to a for-profit company) to a federal award either prime or sub? If yes, what situations? ############################ To unsubscribe from the RESADM-L list: write to: mailto:xxxxxx@LISTS.HEALTHRESEARCH.ORG or click the following link: http://lists.healthresearch.org/scripts/wa-HLTHRES.exe?SUBED1=RESADM-L&A=1 ############################ To unsubscribe from the RESADM-L list: write to: mailto:xxxxxx@LISTS.HEALTHRESEARCH.ORG or click the following link: http://lists.healthresearch.org/scripts/wa-HLTHRES.exe?SUBED1=RESADM-L&A=1