How To Process Supplemental Recognition Program (SRP)
SUPPLEMENTAL RECOGNITION PROGRAM (SRP) PAYMENT GUIDELINES (R. 9/26/2011)
The guidelines for the administration of the Supplemental Recognition Program is available through the Human Resources website.
Note: The following programs have been discontinued:
*Incentive Award Program (IAP) - 6/30/2005
*Staff Recognition and Development Program (SRDP) - 6/30/2011
PPS Payment Procedures
After the approval of Supplemental Recognition Program, do the following:
Use PPS time reporting screen, EDFT (One-Time Payment) and enter the following:
- Full Accounting Unit (FAU) employee is paid from (use account code 502120).
- Title Code
- Amount
- Pay Period End Date
-
Description of Service (DOS) Code
- SRD (Staff Recognition Award) - campus funding
- SPA (Special Performance Award) - departmental funding
Note: The use of DOS codes IIA, TIA and PDA have been eliminated as of 6/30/2005.
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TAXATION
Supplemental Recognition Program (SRP) awards are treated as supplemental wages when paid separately. Income tax withholding rates would be:
- Federal - 25%; State - 10.23%.
However, if SRP award payment is combined with regular wage(s) and paid with the employee's primary pay schedule, Federal and State income taxes would be withheld at the graduated rates per marital status and allowances claimed on form W4.