Purpose
To inform CUNY payroll staff of new PayServ code to use when submitting a Managerial Performance Based Bonus payment.
Affected Employees
Classified Managerial employees (Grade 600, BU U2)
Effective Date(s)
January 1, 2008
Background
Managerial employees may be awarded a single lump sum bonus payment based on performance.
The existing Time Entry code for this payment was not adequate to identify the Time Entry transactions submitted by CUNY.
Eligibility Criteria
At the discretion of the College, eligible employees may be awarded a single lump sum payment up to 7% of the employee’s base pay. Eligible employees must have a minimum of one year of service in a Classified Managerial position.
The annual award period is January 1 to May 15.
OSC Actions
OSC has created a new Time Entry earn code to improve the identification and accuracy of this Time Entry transaction.
Agency Actions
The newly created earn code CMB replaces the use of earn code ADJ for this payment.
Managerial Performance Based Bonus payments should be submitted on the Time Entry page as follows:
Earnings Begin Date: | Any date within award period |
Earnings End Date: | Same as Begin Date |
Earn Code: | CMB |
Amount: | Amount to be paid |
A copy of authorization Form 607B (supporting documentation for payment approval) must be forwarded to your OSC Payroll Auditor at the time of submission of the payment.
The agency should refer to CUNY Personnel Policy Bulletin 01-08 dated February 1, 2008 for information regarding this payment.
Miscellaneous Payment Information
The maximum amount allowed for the lump sum (performance bonus) payment is up to 7% of the employee’s base pay.
This lump sum payment is not added to the employee’s base pay, but is pensionable.
Payroll Register and Employee’s Paycheck/Advice
The earn code CMB and the payment amount will be displayed on the payroll register. The earnings description “CUNY Managerial Perf Bonus” and the amount will appear on the paycheck stub or direct deposit advice statement.
Questions
Questions regarding this bulletin may be directed to the University Manager of Payroll Systems and Operations at CUNY Central Office.