In-Band Bonus
An in-band bonus for a staff member is a one time payment made if they have:
- Acquired new knowledge, skills, and abilities.
- Completed certifications.
- Had a change in duties.
Classified staff may be granted a retention bonus through the in-band bonus process as detailed in DHRM Policy 3.05, Compensation.
Departments should contact the Human Resources Compensation Team to determine if an in-band bonus is appropriate.
Follow the Bonus Payments transaction instructions if the bonus is being granted to a university staff member for retention purposes.
Procedure
- Complete P3A form
- Signature Requirements
- Department Head or Director
- Senior Management
- Compensation
- Human Resources
- If Research - OVPRI