History of UK Staff Merit Pools
The table below shows historic rates of change for staff merit pools.
|2013-14||5%||To Be Announced||NA|
*Campus received a one-time payment of up to $1,000 based on staff member's pay. Eligible employees 1.0 FTE with per annum base salary of $70,000 or less received maximum payment of $1,000. Eligible employees 1.0 FTE with per annum base salary of $70,001 - $74,999 received the payment on a sliding scale, with a minimum payment of $200.
Historical Facts about the UK 2010 One Time Payment
news article from July 2, 2010
We are pleased to announce the University of Kentucky will provide a one-time, lump sum payment for eligible faculty and staff during the 2010-11 fiscal year.
Note: Employees within the UK HealthCare payroll system (hospitals, clinics, and College of Medicine clinical departments) are not eligible for the one-time payment).
This one-time payment is designed to reward eligible faculty and staff at a time when economic conditions have limited our ability to offer annual merit increases.
Though we regret being unable to offer annual merit increases to our outstanding staff and faculty this year, our University administration has worked in recent months to identify more than $6 million in one-time funds needed for the one-time payment: Over 80 percent of non-UK HealthCare employees will benefit as a result.
Basic Eligibility Criteria
UK staff and faculty meeting the following criteria will be eligible for the one-time payment of up to $1,000 intending to be paid on September 3, 2010 paychecks for employees paid bi-weekly or August 31 for employees paid monthly (amount based on pay rate as of July 31, 2010):
- Regular status faculty and staff hired on or before December 31, 2009 and employed in a campus department on July 31 are eligible for the one-time payment. Employees must also be employed during the payroll period when the one-time payment is distributed (see "Additional Eligibility Criteria" section below).
- Regular employees with a 1.0 (100%) full-time equivalent schedule are eligible to receive the full $1,000 payment [1.0 FTE typically equates to a 37.5-hour or 40-hour work week for full-time positions at UK. You may check with your supervisor to confirm your FTE status.]. Regular part-time employees are eligible to receive a pro-rated payment amount (details below). Temporary employees, including research assistants, postdocs, medical residents, fellows, teaching assistants, resident advisors and graduate assistants, are not eligible for the one-time payment.
- Only employees with a base salary of less than $75,000 will be eligible to receive the one-time payment.
- Eligible employees with annual full-time (1.0 FTE) base salaries of $70,000 or less are eligible to receive the maximum payment of $1,000.
- Eligible employees with annual full-time (1.0 FTE) base salaries of $70,001 - $74,999 will receive one-time payments of less than $1,000, with the amount decreasing on a sliding scale, with a minimum payment of $200 for those on the higher end of this salary range.
- One-time payment amounts will be pro-rated for regular part-time employees (less than 1.0/100% FTE) whose annual base salary is less than $75,000.
An eligible employee earning $40,000/year in a 0.5 (50%) FTE status would not be eligible to receive a one-time payment. The annual 1.0 FTE (100%) base salary at this pay rate would equal $80,000, which exceeds the eligible limit.
An eligible employee earning $35,000/year in a 0.8 (80%) FTE status would receive $800 (80% of the $1,000 one-time payment).
An eligible employee earning $20,000/year in a 0.5 (50%) FTE status would receive $500 (50% of the $1,000 one-time payment).
- Temporary changes in annual base salary (for example, acting, interim, overload or seasonal/summer reduced hours) will not affect eligibility or one-time payment amount.
Additional Eligibility Criteria
In order to receive the one-time payment, an employee must meet the following criteria*:
- Employed/active assignment in a regular position, and in good standing, during the payroll period when the one-time payment occurs: Payroll period #18 (8/15/2010-8/28/2010) for bi-weekly employees; payroll period #8 (8/1/2010-8/31/2010) for monthly employees.
- An overall satisfactory score (3.0 or greater) on annual 2009 performance evaluation and no formal corrective action (written warning or higher) since January 2010. Employees with performance evaluation scores below 3.0 or documented corrective action since January 2010 may qualify with a satisfactory mid-year performance evaluation.
Processing of One-Time Payment
Payment amounts will be based on eligible employees’ base annual salaries as of July 31, 2010. The University intends that eligible employees will receive the payment on September 3, 2010 paychecks for employees paid bi-weekly or August 31 for employees paid monthly. One-time payments, which are considered taxable income, will be listed separately on pay stubs (printed and online). Employee and employer retirement contributions will not be impacted by the one-time payment.
If you have questions, please e-mail us.
* College and unit business/budget officers will be provided with complete details on processing and eligibility no later than June 30, 2010.