1. Budget Position Change Training Agenda When is a Position Form Required? What are your options? Introduction to the New Position Change Form Calculating Benefits Examples Questions?

2. When is a Position Form Required? Create New Position Faculty Replacement-Above or Below current budgeted amount Staff Replacement-Above current budgeted amount Request funds for Temporary Personnel Change in Funding Source, Percent of Effort Change in Vacant PIN funding Reclass or Equity o Recommended only during Budget Development unless being done with a replacement

3. Options for Funding-Requests above Current Budgeted Amount The following options for funding the increase in the budgeted salary include: The department can request that funds are allocated from the VPs Salary Contingency account if available. (Note: list of accounts in your packet) The department may request use of funds from another Vacant PIN. This would require that the Dept. complete a Position Change Form for this PIN also. The department may request to use funds available in the Wage pool from any one of its accounts. This reduction in the Wages category will be a permanent budget change. The department can consult with the VP for other funding sources available within the division. These budget changes would be permanent.

4. The Budget Department proudly presents……

5. The New Budget Change Form

6. Calculating Benefits Benefits should be calculated for every position, regardless of funding source. Use the following table to calculate benefits. Exceptions include employees 50%-99.9%- calculate 16.3% X Salary, plus fixed monthly amount for insurance (see fixed amount in guidelines in your packet) Less than 50%- calculate 8.05% X Salary and Wages Yearly SalaryBenefit Percent $80,000 +24.85% $60,000 - $79,99928.06% $40,000 - $59,99934.50% $30,000 - $39,99940.94% $15,000 - $29,00053.81%

7. Examples

8. Create New Position

9. Staff Temp Replacement

10. Staff Permanent Replacement

11. Faculty Temp Replacement

12. Faculty Permanent Replacement

13. Questions?