Pay Quiz: True or False?

Category: Features

“I can choose if I want to be paid bi-weekly or monthly.”
FALSE: All newly hired non-exempt employees must be paid biweekly. All faculty and exempt employees must be paid monthly.
“Non-exempt employees are eligible for overtime pay.”
TRUE: Eligible non-exempt employees who work more than 40 hours in a workweek will be provided with compensatory time, unless the campus or department practice provides monetary compensation. The University provides compensatory time at the rate of one and one-half hours for every hour over 40 worked in a workweek. Overtime pay is provided at the rate of one and one-half times an employee’s regular hourly rate of pay for every hour over 40 hours worked in one workweek. If an employee takes leave during a week in which they work, the leave hours do not count as worked. Refer to HR Policy HR0445 for more information.
“I get a longevity bonus each month after I’ve earned it.”
FALSE: After 36 months of service, all regular employees working 82.05 percent time or more receive an annual payment of $100 for each year of service up to $3,000 for a maximum of 30 years. This annual payment is made in the first pay period following an eligible employee’s anniversary.
“Employees covered under Tennessee Consolidated Retirement System are the only ones who can use unused sick leave towards their retirement.”
FALSE: There are eight different retirement plans that UT employees can participate in, and the optional retirement plan (ORP) and ORP hybrid are the only plans that do not allow a benefit for unused sick leave.
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