There’s more to taxable income than regular salary — awards, tuition assistance, gift cards and even some family benefit costs can be subject to tax. Remember: Any unpaid employee taxes are redirected to the unit — see how to query for these charges.
The university’s private FAMLI coverage will debut on Jan. 1, 2024. Employees can now apply for eligible paid leave for a medical or family care absence.
In addition to the usual year-end tasks, specific situations can arise with grant-funded positions and the electronic Personnel Effort Reporting System (ePERS).
The university’s private FAMLI coverage will offer paid leave that, in combination with other leave types, can ensure more paid leave for employees facing a medical or family challenge. Learn more at upcoming Q&A sessions.
The HCM payroll encumbrance calculation process is an important way to track projected payroll obligations — such as payroll, taxes and deductions — in the general ledger.
