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Mar 7 / RAS

Up, Up and Away: Salary Cap

Check your budgets, folks!  The Office of Personnel Management has released increased executive level compensations caps effective January 7, 2018.

 

  • Your new salary cap: $189,600.

 

If you are awarded with a budget that did not included the new cap, you’re welcome to rebudget using the new cap within the limitations of the award, but no new funds will be given by the agency.  If you’re submitting for the March 16 NIH deadline (hello out there, R03/R21 resubmissions and renewals!) now is a great time to revise those budgets and any associated cost sharing.

 

As always, drop us a note at RAS@med.wayne.edu with any questions, and take a look at the notice for more details.