Salary Cap Calculator

Instructions

1. Base Salary:
   1. Annual Salary: Enter the employee’s Institutional Base Salary (IBS) – this is the “Annual Salary” field in NBAJOBS in Banner. Note: If the employee is on a reduced FTE, the annual salary will need to be divided by the FTE to calculate the full IBS for the employee.
   2. Monthly Salary: Enter the monthly amount of salary that the employee is paid per month – the is the “Assign Salary” field in NBAJOBS multiplied by two. Note: If the employee is on a reduced FTE, the annual salary will need to be divided by the FTE to calculate the monthly salary for the employee.
2. Fiscal/Academic Year Employee: Select the Employee Type – Fiscal Year or Academic Year
3. The HHS and SBA salary cap limitation is the default for the calculation. If the salary cap calculation is a USDA – NIFA project check the “Use USDA – NIFA Salary Cap” check box.
4. Year Awarded: Select the year that the award was received from the sponsor. Note: If the budget has available funding the current salary cap can be used for the calculation.
5. Effort Amount: Indicate how effort is being provided – percent %, # of months, or # of weeks. Enter the appropriate amount of effort.

The output will calculate the annual and monthly amounts of salary that should be charged to an award based on the information provided above.