1 - Payroll University
Calculate the percentage of the employee’s July compensation that can be charged to each award. This example is using the NIH salary Cap 2011. Prof. Y is paid $20,000/month exceeding the monthly NIH Salary Cap of $16,641.67. 50% effort on the NIH Award x $16,641.67 (monthly NIH cap) ÷ by $20,000 (total monthly compensation) = 41.6% charged ... ................
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