198.3 Externally Funded Salary or Wages |
| Created by: Pat Teague on 2/6/1999 |
| Category: 1 - Academic Affairs; 90 - Miscellaneous |
| Originator: Vice President for Academic Affairs and Dean |
| Current File: 198.3 |
| Adoption Date: 1/15/1999 |
| Reviewed for Currency: 1/15/1999 |
| Replaces File: 198.3 |
| Date of Origin: 11/6/1986 |
| Classification: Faculty |
| In Archive? Yes |
198.3 Externally Funded Salary or Wages |
A. Background On occasion Furman faculty or staff are engaged in activities supported by external grants to or contracts with the University which provide monies for a salary to the individual during the summer months or a salary supplement during the regular academic year. |
B. Policy All monies in the form of salary or wages paid to University personnel are to be paid through Furman's regular payroll system. |
C. Guidelines 1. All monies for salary or wages are considered part of an individual's total earnings at Furman. 2. Furman will comply with federal and state laws requiring withholding tax and other payroll deductions and will file the necessary information with the appropriate federal and state agencies. 3. This policy refers only to salaries and wages which are a part of grants to or contracts with Furman University. It does not apply to grants or contracts with individual faculty members. ........................... |