march - april 2019 newsletter - texas tech university · march / april 2019 newsletter | volume 6,...

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Contact Information [email protected] | Doak Hall: 806-742-3211 | HSC Office: 806-743-2998 March / April 2019 Newsletter | Volume 6, Issue II PAYROLL & TAX SERVICES Compensatory Time TTU and TTUS staff employees in a full-me non-exempt (semi-monthly paid) employee class accrue compensatory leave me when the number of hours worked in the FLSA work week (Sunday – Saturday) exceeds 40 hours. All hours worked during the work week will be paid out at the regular rate and the employee will accrue the ½-me poron as compensatory leave me. Reports available to departments are as follows: HR207 Esmated Comp Time Expense | The report provides an esmated expense by FOP for the current comp me leave balance and rate of pay. HR030 Employee Current Leave Balance | Provides employee leave balance. The report can be run for selected leave types. Compensatory Time | Tax Season | Earning Statement | Summer Insurance | Friendly Reminder | Payroll Calendar

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Page 1: March - April 2019 Newsletter - Texas Tech University · March / April 2019 Newsletter | Volume 6, Issue II PAYROLL & TAX SERVICES Compensatory Time TTU and TTUS staff employees in

Contact Information

[email protected] | Doak Hall: 806-742-3211 | HSC Office: 806-743-2998

March / April 2019 Newsletter | Volume 6, Issue II

PAY R O L L & TA X

SERVICES

Compensatory Time

TTU and TTUS staff employees in a full-time non-exempt (semi-monthly paid) employee class

accrue compensatory leave time when the number of hours worked in the FLSA work week

(Sunday – Saturday) exceeds 40 hours.

All hours worked during the work week will be paid out at the regular rate and the employee

will accrue the ½-time portion as compensatory leave time.

Reports available to departments are as follows:

HR207 Estimated Comp Time Expense | The report provides an estimated expense by

FOP for the current comp time leave balance and rate of pay.

HR030 Employee Current Leave Balance | Provides employee leave balance. The report

can be run for selected leave types.

Compensatory Time | Tax Season | Earning Statement | Summer Insurance | Friendly Reminder | Payroll Calendar

Page 2: March - April 2019 Newsletter - Texas Tech University · March / April 2019 Newsletter | Volume 6, Issue II PAYROLL & TAX SERVICES Compensatory Time TTU and TTUS staff employees in

Tax Season | Reprint Requests & Review Form W4 Information

2018 paper form W-2 were mailed on January 30th and 31st to the employee’s permanent

address on file. If you have not received your Form W2, you may request a reprint to the

Payroll Webmaster at [email protected]. Please include your Name, R#, and a

mailing address to send your reprint. Another option is to print your Form W2 from your

Employee Tab. To do this, you must consent for electronic delivery.

How do I consent for electronic delivery?

Please log into Raiderlink at http://raiderlink.ttu.edu / Webraider at

http://webraider.ttuhsc.edu and use the following navigation:

Select the Payroll & Tax tab

In the Annual Tax Information box, select Electronic Regulatory Consent

Check “Consent to receive W-2 electronically”

Submit

Page 3: March - April 2019 Newsletter - Texas Tech University · March / April 2019 Newsletter | Volume 6, Issue II PAYROLL & TAX SERVICES Compensatory Time TTU and TTUS staff employees in

Please check the federal tax withholding on your earning statements. If you

would like to make any adjustments to your Form W -4, please complete and

submit a new form to Human Resources.

http://www.irs.gov/pub/irs-pdf/fw4.pdf

State Income Tax: Texas does not have state income tax withholding. However, we

do withhold deductions and report for residents of other states who we employ. If

you are hired while residing in another state, be sure to update your address on

your W-4 if your residency status changes. Several states use the federal Form W -4

for state income tax withholding elections and the state in the address section on

the Form W-4 may result in state income tax withholding.

Earnings Statement

After each payroll payment, please review your earnings statement for the following:

To make sure all hours that were reported were paid.

The correct deductions are being taken.

Form W4 exemptions are correct.

Verify the payment method: paper check or direct deposit.

Page 4: March - April 2019 Newsletter - Texas Tech University · March / April 2019 Newsletter | Volume 6, Issue II PAYROLL & TAX SERVICES Compensatory Time TTU and TTUS staff employees in

Payroll ID and Number Payroll Dates Pay Period Total Hours PAYDAY

SM 6 March 1st-15

th 88 Hours March 25, 2019

SM 7 March 16th-31

st 80 Hours April 10, 2019

MN 4 March 1st-31

st April 1, 2019

SM 8 April 1st-15

th 88 Hours April 25, 2019

SM 9 April 16th– 30

th 88 Hours May 10, 2019

MN 5 April 1st– 30

th May 1, 2019

Payroll Calendar For March & April

All cutoff dates and deadlines can be found on the Department End User Calendars.

The compensatory leave (Comp) time accrual period ends March 31, 2019. Available

compensatory leave time hours should be taken by the end of the accrual period if possible.

Employees will be allowed to use any remaining accrued balances through April 15, 2019.

Summer Insurance Premium

TTU 9 Month Faculty Members Enrolled in Insurance, who do NOT have a 12 month spread:

To ensure there is no lapse in coverage during the summer, your “out of pocket” insurance

premiums will be pre-deducted from your April 1st, May 1st and June 3rd paychecks. These

are automated deductions, therefore no action is needed by you. Email notifications will go

out the first week of March. If you have any questions please send an email to

[email protected].