State of Maryland regulations require minimum wage for hourly paid employees to increase from $8.25 to $8.75. Payroll used an effective date of 6/25/16 which is the beginning of our current student payroll ending 7/8/16 to automatically adjust any student employees who had a rate below the new minimum of $8.75. This change does not require any action on the part of departments.
It is recommended that departments review current work hours and pay rates, and forecast any potential changes within existing budgets in order to accommodate this rate adjustment.
If you have questions, please contact Financial Services Helpline at 410.704.5599, option 1 or email finservehelp@towson.edu