University Human Resources
Moving from Biweekly to Monthly Payroll
What Will Change
When you move to monthly payroll:
- You will be paid once per month, on the last business day
- You will receive a salary instead of an hourly wage
- You will no longer be eligible for overtime
- Vacation and sick time will be converted from hours to days
- Time off will be requested in days, not hours
- Vacation and sick time requests will not require approval tied to payroll deadlines
- Health, dental and life insurance contributions will be deducted over 12 pay periods instead of 24
What You Need to Do
To ensure a smooth transition:
- Cancel any future-dated time-off requests submitted in hours and resubmit them in days after your transition
- Review your direct deposit setup, especially if your pay is split across multiple accounts
- Check any automatic bill payments to confirm they align with your new monthly pay schedule
Pay Cycle
Exempt employees are paid on a monthly salary basis. For more information, refer to the Exempt Staff and Non-Exempt Staff Pay policies.
- Your final biweekly paycheck will include all hours worked up to your transition date, along with regular biweekly benefit deductions
- Your first monthly paycheck will be issued on the last business day of the month and will include all days worked since your transition
- If your transition occurs mid-month, your benefit deductions will be adjusted to account for amounts already deducted earlier that month
- Ongoing deductions (e.g., health, dental, life insurance, retirement contributions, flexible spending, garnishments, parking, loan payments, Faculty Club dues and charitable contributions) will shift to a monthly schedule (12 pay periods)
Direct Deposit Note:
- If you allocate your pay by percentage, those percentages will remain the same
- If you allocate by fixed dollar amounts, review and adjust as needed to reflect your new monthly pay
Benefits
- If you were hired after March 1, 2001, your retirement benefits will not change
- If you were hired before March 1, 2001, contact the Benefits Office for guidance
Time Off Accruals
- If you have fewer than two years of service, your vacation and sick accrual rates will change
- If you have more than two years of service, your overall benefit will remain the same
- In all cases, balances in Workday will be converted from hours to days by the Workday Absence Partner in your unit
- Going forward, time off will be accrued monthly in days