Summary
Type of Expenditure:
Payroll to Hourly Project Staff
Who:
Hourly Employees (Project Staff hired on hourly rate basis)
To Whom:
The University Corporation-Payroll Department
From:
Principal InvestigatorHourly Payroll Timesheets
Pay Period :
Bi-Monthly (15th and the last day of the month)
Frequency:
Each pay period (semi-monthly)
Submission Deadline:
10:00a.m. on the 1st business day after the end of the respective pay period
Appointment
A complete and correct appointment with The University Corporation must be presented to the TUC-Payroll Department before any payments can be made. The Principal Investigator must ensure that for all employees to be paid, a TUC-appointment has been processed by TUC Human Resources. Please visit TUC Human Resources website for more information.
Required Documentation
Hourly payroll time sheets are used for employees hired on an hourly rate basis.
The time sheet must be submitted every semi-monthly period indicating the dates and hours worked.
The employee and principal investigator or his designee must sign the form.
Deadline
Hourly time sheets must be submitted to The University Corporation-Payroll Dept. no later than 10 a.m. on the 1st business day after the end of the respective pay period.
Coding of the Accounting String
Conversion Chart: Minutes to Decimal Hours
| Minutes | Decimal | |
|---|---|---|
| 1 | = | 0.02 |
| 2 | = | 0.03 |
| 3 | = | 0.05 |
| 4 | = | 0.07 |
| 5 | = | 0.08 |
| 6 | = | 0.10 |
| 7 | = | 0.12 |
| 8 | = | 0.13 |
| 9 | = | 0.15 |
| 10 | = | 0.17 |
| 11 | = | 0.18 |
| 12 | = | 0.20 |
| 13 | = | 0.22 |
| 14 | = | 0.23 |
| 15 | = | 0.25 |
| 16 | = | 0.27 |
| 17 | = | 0.28 |
| 18 | = | 0.30 |
| 19 | = | 0.32 |
| 20 | = | 0.33 |
| 21 | = | 0.35 |
| 22 | = | 0.37 |
| 23 | = | 0.38 |
| 24 | = | 0.40 |
| 25 | = | 0.42 |
| 26 | = | 0.43 |
| 27 | = | 0.45 |
| 28 | = | 0.47 |
| 29 | = | 0.48 |
| 30 | = | 0.50 |
| 31 | = | 0.52 |
| 32 | = | 0.53 |
| 33 | = | 0.55 |
| 34 | = | 0.57 |
| 35 | = | 0.58 |
| 36 | = | 0.60 |
| 37 | = | 0.62 |
| 38 | = | 0.63 |
| 39 | = | 0.65 |
| 40 | = | 0.67 |
| 41 | = | 0.68 |
| 42 | = | 0.70 |
| 43 | = | 0.72 |
| 44 | = | 0.73 |
| 45 | = | 0.75 |
| 46 | = | 0.77 |
| 47 | = | 0.78 |
| 48 | = | 0.80 |
| 49 | = | 0.82 |
| 50 | = | 0.83 |
| 51 | = | 0.85 |
| 52 | = | 0.87 |
| 53 | = | 0.88 |
| 54 | = | 0.90 |
| 55 | = | 0.92 |
| 56 | = | 0.93 |
| 57 | = | 0.95 |
| 58 | = | 0.97 |
| 59 | = | 0.98 |
| 60 | = | 1.00 |