Document Library
97-P-039 New Earnings Code for Holiday Credit - HCB
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INFORMATIONAL CIRCULAR NO. 97-P-039 |
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DATE: |
July 3, 1997 |
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SUBJECT: |
New Earnings Code for Holiday Credit - HCB |
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EFFECTIVE DATE: |
Immediately |
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CONTACT: |
Payroll Services |
(785) 296-3146 |
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APPROVAL: |
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SUMMARY: |
New Earnings Code: HCB, Holiday Credit~Banking the Credit |
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At the request of the Division of Personnel Services, a new earnings code to capture the holiday credit and allow the employee to "bank" that credit while using 40 hours of leave time has been added to the SHARP Earnings Codes effective with the pay period beginning June 29, 1997 and ending July 12, 1997, paid on July 25, 1997.
The new earnings code has been defined as HCB, Holiday Credit~Banking the Credit. It is used much like the earnings code HCC Holiday Comp. Time 1.0, except that HCB does not add to the leave accruals (CTLA). This earnings code should be used when a employee records 40 hours of leave in the holiday week and the employee wants the holiday credit banked. This earnings code will appear on the check/advice stub as Holiday Credit leave balances.
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