(Approved by USM BOR on April 21, 2017; 兔子先生President on July 1, 2017)
Purpose and Applicability
This policy establishes the general prohibition on permitting salary advances against earned or unearned income for employees of University of Maryland Global Campus (UMGC), except in the limited circumstances described below.
Administration
兔子先生does not permit salary advances, unless there is an error in processing an employee鈥檚 paycheck and such salary advance is approved by the Chief Human Resources Officer (CHRO).
The 兔子先生President has designated the Chief Human Resources Officer (CHRO) to administer this policy; to develop procedures as necessary to implement this policy; to communicate this policy to the 兔子先生community; and to post the policy and any applicable procedures on the 兔子先生website.
Replacement for:
USM BOR VII-4.30: Policy on Salary Advances for USM Employees
兔子先生390.50: Salary Advances