Changes in Pay

Changes in Pay Rate

  • Employees converting to the biweekly pay cycle will be paid an hourly rate.
  • The hourly rate can be determined by taking your annual pay rate, and dividing it by the annual working hours, which for UC is 2088.
    • Example: Annual Salary of $39,000.00 ÷ 2088 = $18.68 per hour.

Change in Pay Frequency

  • Biweekly paid employees will receive 26 paycheks in a year, whereas monthly paid employees receive 12 paychecks in a year.
  • Paydays will occur every other week, on Wednesday, beginning December 14, 2016.
  • It is important for UCSC Employees who are moving to the biweekly pay cycle to examine the timing of expenses and pay, and to take action if a shortage in cash flow income is identified.

Changes to Timing of Payroll Deductions

  • Health benefits and other fixed amount deductions will be split in half and deducted from biweekly paychecks.
  • Health benefits and other fixed amount deductions will be split in half and deducted from 24 biweekly paychecks. The other two paychecks are called “Benefits Holidays” and are identified on the UCSC Payroll Paydate calendar.
  • Percentage based deductions will be taken from every paycheck.