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Effective June 20, 2011
Although final budget numbers will not be available until the 2011 Minnesota State Legislature draws its session to a close, the approaching end of the academic and fiscal years makes it imperative that we communicate to each of you the compensation strategy for fiscal year 2011-12 that will be recommended to the Board of Regents. Final approval of the compensation plan must be approved by the Board of Regents. The budget is expected to be acted upon by the Board of Regents at a meeting in June, after public forums have been held on the topic by the Board.
This memorandum applies to undergraduate student employees on the Twin Cities Campus includes broad-banded classifications 27xx through 28xx.
Students with a PeopleSoft location code(s) of 'BETHEL', 'CHANHASSEN', 'EXCELSIOR', 'OFFCMPTC', 'ROSEMOUNT', 'ROSERCHCTR', 'STPAUL', 'TCEASTBANK', 'TCWESTBANK' are included in this Twin Cities Undergraduate Student Pay Plan.
Undergraduate and graduate academic student employees (95xx) are covered by a separate compensation plan, the 2011-2012 Academic Salary Plan. Graduate students appointed to bargaining unit classifications are considered bargaining unit employees.
Effective June 20, 2011 the floor or minimum salary rate is $7.25 an hour.
Effective June 20, 2011 student employees working in undergraduate job classifications must be paid at least $7.25 an hour.
There are no merit based or across-the-board salary increases for students in FY12. Units that have established promotional criteria and increases associated with such criteria for their undergraduate students may continue to follow these procedures.
Approval by chancellors, vice presidents, or senior vice presidents is required for any discretionary pay adjustments including: salary increases, one time/lump sum cash awards, and/or augmentations. This approval, which must be in writing and include a summary of the program details, shall be provided to the Office of Human Resources prior to implementation.
Information on premium payments (e.g., shift differential, holiday pay) is available at http://www.umn.edu/ohr/toolkit/compensation/premium.
Students must be paid overtime, one and a half times the individual's regular rate of pay, when a student employee works in excess of 40 hours per week.
Please refer questions to your Unit HR Professional or Office of Human Resources HR Consultant.