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University and Academic Professionals

Monetary and non-monetary non-base pay incentives, also referred to as bonuses, may be awarded per fiscal year as follows: up to $5,000 or 10% of base pay (whichever is greater) and up to five days of leave granted per leave year. Sign-on bonuses and contractual bonuses are excluded from the fiscal year bonus thresholds, as are any annual merit bonuses. Wage employees may be awarded up to $5,000 per fiscal year. For purposes of the 2021 merit process, awards cannot exceed 5% of an employee’s salary.

Bonuses are intended to recognize employees for outstanding performance or contributions such as day-to-day support, customer service, or teamwork. Bonuses encourage excellence, create positive morale, and may lead to the retention of top employees. Schools/units should clearly communicate bonus programs/opportunities, and ensure equal opportunity in the design and implementation of bonus programs. Use the Recognition award form to recognize eligible employees.

See also: Compensation guidelines for University and Academic Professionals

Virginia Commonwealth University
VCU Human Resources
Lindsey House | 600 West Franklin Street | Box 842511
Richmond, VA 23284-2511
Phone: (804) 828-0177

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