Important Information for Employees
One Time Bonus Payment
The university is mindful of the rising costs and inflationary pressures employees are facing, as the university is experiencing similar challenges in many areas of operations. To assist our employees in this difficult economic environment, a one-time payment will be provided to all employees who earn $150,000 or less. All eligible* regular and adjunct employees will automatically receive this one-time bonus on either the 15th (semimonthly) or 17th (biweekly) of February, depending on their payroll cycle.
| Employee Classification | ||
|---|---|---|
| (Base) Salary Range | Full-time | Part-time |
| $0-$100,000 | $1,000.00 | $500.00 |
| $100,001 - $150,000 | $750.00 | $375.00 |
| Adjuncts: Teaching in the Fall and Spring AY 2022-23 will receive $150 | ||
*RIT regular employees who meet the following criteria are eligible:
- Start date in an eligible position on or before December 1, 2022, and continuously employed through the bonus payment date.
- If an employee qualifies under more than one eligible position, only one bonus will be provided, consistent with the greater amount.
*The following employees are not eligible for this one-time bonus:
- Employees with a full-time annualized salary greater than $150,000 (note: faculty salary calculated on base = Academic Year salary including administrative stipends)
- Employees of an RIT Subsidiary
- Employees on an unpaid leave of absence (note: Employees on any type of paid leave of absence are eligible if they meet the above criteria)
Medical Premium Increase Delay
In addition to the one-time bonus payment, and to further support our employees, we are pleased to announce that the medical premium increases scheduled to go into effect in January 2023 will be delayed until July 2023. The University will absorb this increase for all employees for these six months of 2023. The employee portion of the medical premiums will remain unchanged during this time. New premium rate deductions will begin in July 2023.
Please refer to Frequently Asked Questions (FAQs) for more information on the One-Time Bonus and Medical Premium Increase Delay.
