Page 29 - Sample Employee Handbook.doc

Compensation

Payroll Practices

Employees are paid bi-weekly on Fridays. Your immediate supervisor will provide a calendar of scheduled pay dates.

Salary Deductions and Withholding

The Consortium will withhold the following from your paycheck:

Taxes

Federal, state and local taxes, as required by law, as well as the required FICA (Social Security and Medicare)
payments.

Insurance

Your contribution to health insurance or other insurance premiums for yourself and any eligible family members or
to other contributory benefit programs.

Direct Deposit

You may have your paycheck deposited directly into your bank account. You will be given the authorization form for
deposit by your immediate supervisor, designated manager, or the executive director.

For Internal Use Only -- Not For External Distribution

29