X will spend hours during the summer to work on grant activities. Sometimes it might be appropriate to pay a faculty member to teach a summer course as part of a grant project.
W will teach a summer course as part of a grant project. Person months are typically divided into categories based on when a faculty member will work on the project academic year or summer :.
L will be released from one course each semester 2 courses total , the AY effort is When requesting one month of summer pay for a faculty member on an academic-year appointment, figuring person months is easy: the faculty member is committing one person month. Projects may involve the effort of month faculty and exempt staff. Typically, month faculty and staff will be released from other duties to work on grant-funded activities. The following computation methods provide examples of how to budget for month faculty and exempt staff.
The administration of these benefits and services is a fairly costly affair, involving large outlays of direct and indirect financial expenditure, and often involves a great deal of paper work. However, because of the changing demographics of the workforce-more women working full-time, single-parent families etc. Second step Table 6 contains the second-step empirical results. Fourthly, a fringe is never a direct reward geared to the output, effort or merit of an employee. Thus, fringe benefits improve human relations. Elisa Calza et al. Moreover, many HH enterprises do not comply with formal requirements and do not re-register as, for example, a private or limited-liability firm under the New Enterprise Law.
The budget should include the portion of effort that will be assigned to the grant. It may be necessary to budget for month faculty and exempt staff at a monthly rate of pay. To determine monthly rate of pay divide the base salary by U will be re-assigned to spend two months conducting grantfunded activities.
Sometimes it may be necessary to budget for month faculty and exempt staff at a daily rate of pay.
To determine the daily rate of pay, divide the base salary by duty days duty days for month employees calculated with allowances for annual leave, official holidays, and administrative closings. She will spend 10 days working on grant activities. Sometimes it may be appropriate to budget for month faculty and exempt staff at an hourly rate of pay. To determine hourly rate of pay, divide the base salary by 1, duty hours for month employees calculated with allowances for annual leave, official holidays, and administrative closings.
This page was processed by aws-apollo1 in 0. Skip to main content. Copy URL.
Abstract The importance of fringe benefits for both employers and employees has been repeatedly pinpointed in the Human Resource Management academic and professional literature. Register to save articles to your library Register. Paper statistics.
Labor: Personnel Economics eJournal Follow. More about this item Statistics Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors.
You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nsr:niesrd See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about. We have no references for this item.
You can help adding them by using this form. If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item.
If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.