HR Update

Saving for retirement
What an extra 1% can do

Did you know that just 1% extra per paycheck can lead to thousands (or tens or hundreds of thousands) more dollars to help you enjoy retirement? For example, if you’re 28 years old and make $50,000 per year, adding 1% of your salary (less than $10 a week) to your retirement savings could add more than $160,000 to your nest egg when you retire.*

Use this Fidelity tool to see what a 1% increase could do for you, and sign up for a plan or modify your contributions here.

*See Fidelity tool for disclaimer.

All HR Updates
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Merit Pay Increases Require Wage Change Notices

Instructions for wage change notices.

Approval Process of Positions with Salaries Starting at $100,000 Retired. Deans to Submit Annual Faculty Hiring Plans to Provost 

The University has retired the required approval process for any individual hires of Tenure or Tenure-track faculty, job offers with a starting salary of $100,000 or greater, and retention offers.

Financial planning tips for LGBTQ+ couples

From University retirement savings vendor Fidelity Investments

2023 HR Summit

Systemwide HR summit planned for mid-to-late July 2023. Details to come.

What an extra 1% can do

Consider starting or increasing contributions to a voluntary plan to save thousands of dollars more for retirement over the course of your career.