Year-End Payroll Dates
The payroll office will be closed from Monday, December 26, 2011, through Monday, January 2, 2012. The office will reopen for business on Tuesday, January 3, 2012. Payroll will pay all employees according to the following schedule:

Monthly Payroll
All monthly employees with direct deposit will have their pay posted to their bank accounts on Friday, December 30, 2011.

Biweekly Payroll
All biweekly employees will be paid on Friday, December 30, 2011 for the period of December 11 – 24, 2011; your funds will be available on this day.

Hours worked and recorded on the times sheet the week of December 11 – 19 should reflect actual hours worked. You will need to estimate hours worked for Tuesday, December 20 – Friday, December 23. Time cards and electronic timesheets are due to payroll by 5 pm on Monday, December 19, 2011. This means that all electronic timesheets must be approved by 5 pm on Monday, December 19. Time cards/electronic timesheets received after 5 pm on Monday, December 19 will not be processed for the December 30 payday. Biweekly employees with direct deposit will have their pay posted to their bank accounts on Friday, December 30.

Biweekly timesheets for the period of December 11 – 24 for the pay date of December 30 are due to the payroll office by 5 pm on Monday, December 19. If you have any payroll questions, please contact 312-567-3336 or payroll@iit.edu.

Holiday Shutdown / Time Recording
December 26 – 27, 2011, and January 2, 2012 are official university holidays. Eligible non-exempt (hourly) employees who work any of these three days will earn holiday premium pay at the rate of time and one-half plus straight time (equivalent 2-1/2 X).

December 28, 29, and 30, 2011 are year-end bonus days with pay for eligible employees who continue to work for IIT through Friday, January 13, 2012. Time worked on these bonus days will be paid as straight time.

Should the supervisor/department head decide that offsetting time is not feasible, the department head must record this on the appropriate time document so that additional straight time wages are paid. Any such adjustment will be made on the January 13, 2012 paycheck if the adjustment is received by the payroll office in time for this paycheck.

On Tuesday, January 3, 2012, the university re-opens.