Important changes to payroll effective November 2020
This message was sent to faculty and staff in Vancouver and the Okanagan.
October 8, 2020
Beginning next month, you may notice some changes to your net pay as a result of our transition to Workday.
For the most part, these changes are minor, and reflect the fact that Workday allows us to calculate tax rates and benefit premiums more accurately, and make deductions in a more timely manner. As a result, while your salary/hourly pay rate, your benefits coverage and the total amount of income tax you pay will not change, the amount you are paid each payday may be different.
In addition, if you are paid hourly, your paydays will change from the 8th and the 23rd of each month to the 15th and last day of each month. This new payment schedule will align with those who are paid on salary.
These changes will take effect from November 1, 2020 and will be reflected on the November 13 pay day (as the 15th falls on a weekend).
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