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MCC Daily Tribune

Your Paycheck Starting 9/1/2022

This notice applies ONLY to Executive, Non-Contract, and Faculty (both teaching and non-teaching) employees paid over 12 months.

This notice does NOT apply to Faculty employees paid over 10 months, CSEA employees, part-time hourly employees, or student aides.

If you are an Executive, Non-Contract, or Faculty employee paid over 12 months, your base salary is typically paid on bi-weekly basis in equal amounts over 26 pay periods in a Fiscal Year (September 1 - August 31).  Occasionally - about every 10 years including Fiscal Year 2023 (September 1, 2022 - August 31, 2023) - a Fiscal Year will include 27 bi-weekly pay periods.  As a result, you will receive your 2022/2023 base salary on a bi-weekly basis in equal amounts over 27 pay periods starting with your September 1, 2022 paycheck.

Example for an employee that had a Fiscal Year 2021/2022 base salary of $52,000:

  • 2021/2022 bi-weekly paycheck = $2,000 ($52,000 / 26 bi-weekly pay periods)
  • 2022/2023 bi-weekly paycheck starting on September 1, 2022 (Fiscal Year 2022/2023):
    • $52,000 x 2.75% raise = $53,430 Fiscal Year 2022/2023 base salary
    • Bi-weekly paycheck = $1,979 ($53,430 / 27 bi-weekly pay periods)

 

Michael Quinn
Controller's Office - Administrative
09/01/2022