Institutional Base Salary

Date Approved:8-13-2015
Last Revision:8-13-2015
Last Reviewed:8-13-2015
Approved By:President
Oversight Unit:HUMAN RESOURCES
This policy has a related procedure. Click to view the procedure below.
Purpose

Purpose: Northern Michigan University ensures Institutional Base Salary will be treated consistently throughout the institution to avoid disallowable salary payments. This policy supports regulations defined by the Federal Office of Management and Budget (OMB). Please note that this policy and accompanying procedures are intended to document our practice of how an individual’s base salary is determined – this is not a change to how we determine/document base salary.  

Policy

Policy statement: Institutional Base Salary (IBS) is the annual/hourly compensation paid for an employee’s position, whether that employee’s effort is spent on teaching, research, administration, service, or other duties outlined in the position description. The IBS is reflected in each individual employee’s contract, governed by the relevant collective bargaining agreement for represented employees and the Non-Represented Employee Handbook for non-represented employees.

Corresponding IBS Procedures outlines detailed procedures and information relating to this policy. Human Resources has the authority to edit these procedures.