CON Supplemental Compensation Plan: Difference between revisions

<p style="margin-bottom:15px; max-width:70em !important;"><strong>5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General.</strong>&nbsp;&nbsp;The Vice Chancellor for Business and Finance and the Dean shall be responsible for the proper administration of the College of Nursing Supplemental Compensation Plan.  Standard University policies and procedures for billing, receipting, purchasing and payroll shall be observed in administering this plan.  Supplemental compensation to participating staff members will be disbursed using the normal payroll procedures and paid on a monthly basis.  The University will not assess an administrative fee as long as the plan is administered in accordance with University policies and procedures.  The Vice Chancellor for Business and Finance shall from time to time review and audit this supplemental compensation plan for conformance with University policies and procedures.</p>

<p style="margin-bottom:15px; max-width:70em !important;">An annual report of the activities of this supplemental compensation plan shall be made to the Chancellor, or at such shorter intervals as he or she may request.</p>

<p style="margin-bottom:15px; max-width:70em !important;"><strong>5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Disbursements.</strong>&nbsp;&nbsp;Disbursements of supplemental compensation, any reduction in supplemental compensation and final settlement of supplemental compensation for each participating staff member shall be made in accordance with Section 5.3, 5.4, 5.5 and 5.8 of the Board of Regents Policy Authorizing Establishment of Supplemental Compensation Plans, as applicable, and this plan.</p>

<p style="margin-bottom:15px; max-width:70em !important;"><strong>5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Procedure for Approval of Terms of Employment Agreements.</strong>&nbsp;&nbsp;The procedure for approval of the Supplemental Compensation Plan - Terms of Employment Agreement shall be as follows: