Simpson pays with a deposit into a checking or savings account. On payday employees receive an earnings statement instead of a check. Gross pay, deductions and net pay are listed.
Net earnings of each employee are deposited in a checking or savings account at any financial institution according to the employee’s choice. Funds may be left in this account for normal banking purposes or may be withdrawn for personal use or to be deposited in another bank.
The United Methodist Ministers’ Service Credit Union located in Ames, Iowa is available to all employees for direct deposit. Information and enrollment cards are available in the Human Resource Office.
Earnings statements are sent to employees in campus mail whenever possible. Employees are requested to report any questions concerning their statement to the payroll clerk. Prompt attention will be given.
Hourly employees on the staff submit their completed payroll report to their supervisors, so they in turn may give them to the payroll clerk. This is done by 9:00 a.m. on the 20th of the month. Hourly employees are paid on the last working day of each month.
Monthly salaried staff employees must submit a payroll time report on the first working day of each month for the previous month. All faculty, administrators and monthly staff employees are paid on the last working day of each month.
Overtime begins with the excess of time worked over 38 3/4 hours per week and will be paid at the rate of time-and-one-half. Since Simpson is not required to pay overtime until you have actually worked 40 hours per week, there is still a 1 1/4 hour time per week, when you may voluntarily arrive early, stay late or remain at your work station over a lunch hour as long as it stays within the 1 1/4 hour time frame. All required overtime must be pre-approved by the supervisor.
Overtime hours worked through the 20th of the month must be turned into the payroll department by the 21st to be paid in the month actually worked. Any overtime hours worked after the 20th of each month will be paid on the following month’s deposit.