FY 23-24

In budget construction, these salaries will be set according to salary policy (see Salary & Benefits). The hourly rate is the basis for calculating increases for all employees that are paid bi-weekly. Bi-weekly employees should have the same hourly rate regardless of the number of account lines. Employees can have different hourly rates only if they are paid from more than one position number. Budget union employees at their current rate in the FY2024 request. Then budget the funds needed to cover the 3% increase (and any additional funds needed) in 2504.

If you have any questions, please contact Patti Quimby (pquimby@iu.edu).

*Budget Construction