Fund Manager Basics

Fund Manager Basics

Payroll Topics FACULTY UCLA Department of Medicine Office of Research Administration Health Sciences Compensation Plan (HSCP) Purpose of the HSCP is to provide a common administrative framework within which a participating health sciences school can compensate its faculty according to the competitive requirements of each discipline

DOM Compensation Plan Funds: 62165 DOM Medical Comp Plan (MCP) 62246 DOM Basic Science Comp Plan (BSCP) 62125 Derm Comp Plan All 3 funds are unique to DOM, and cannot be transferred/linked outside of DOM UCLA Department of Medicine Office of Research Administration Faculty Salaries in DOM Components of Faculty Salaries

X Base Earn Code HSR: Based on the UCOP Academic Salary Scale for the rank and step (set by the University). 19900 should usually only appear in the Base X (X prime) Additional Base Earn Code HSP: MCP = Scale 7.5 (rounds to 8) BSCP = Scale 3 X is also referred to as the Retirement Factor Y Delta Earn Code HSN Negotiated

UCLA Department of may Medicine be zero. portion, Office of Research Administration Faculty Salaries in the DOM Z Bonus Earn Code HZC Can only be paid on Comp Plan Funds X + X = Covered Comp for Retirement. This is also the Minimum

Salary that must be paid to a Comp Plan faculty member in the DGSOM X + X + Y = Total Negotiated Salary (TNS) UCLA Department of Medicine Office of Research Administration Other Concepts Associated with Faculty Salaries Covering their Obligations LAY Spreadsheet

State FTE 19900 Must always be paid as part of the Base (X) Earn Code HSR Regular Series Academic Enrichment Salary Savings Annual Salary Negotiations UCLA Department of Medicine Office of Research Administration

UCPath Known Issues, Hints & Tips UCLA Department of Medicine Office of Research Administration UCPath Issues Salary Caps Pay Rate on ledger and the Salary Cap Sometimes the Pay Rate shown on the ledger is a rate above the cap, but if you do the math, the Gross Earnings amount is based on cap. How to determine if the Salary Cap rate

was used? Multiply the % paid by the capped rate listed in UCPath, and compare against Gross Earnings. UCLA Department of Medicine Office of Research Administration UCPath Issues Over-The-Cap The Over-The-Cap (OTC) rate can appear on nonNIH contract & grants funds if the individuals distribution was not entered correctly in UCPath. There is no % Effort associated with OTC-Y lines

This is UNALLOWABLE and needs to be corrected UCLA Department of Medicine Office of Research Administration UCPath Live Demonstration UCLA Department of Medicine Office of Research Administration Funding Entry Update

How to process a Funding Entry update? Importance of robust Initiator comments. What should be included: Initiator Name What you are changing Brief explanation of why the changes are being made Effective date of change UCLA Department of Medicine Office of Research Administration

MCOP Worksheet UCLA Department of Medicine Office of Research Administration Direct Retros How to process a Direct Retro? UCLA Department of Medicine Office of Research Administration

UCOP Academic Salary Scales https://www.ucop.edu/academic-pers onnel-programs/compensation / Links from Todays Class Fund Manager Tools UCLA DOM ORA UCPath Resources

https:// medschool.ucla.edu/ora/ucpath UCLA UCPath Resource Center https://www.ucpath.ucla.edu/ UCLA Department of Medicine Office of Research Administration Survey Link http://goo.gl/for We

appreciate if you would take a few ms/C3gdjsL5y1 moments to complete a short 5 question anonymous survey to help us improve your training experience. Thank you! UCLA Department of Medicine Office of Research Administration

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