Understanding Your Paycheck

Distribution of Payroll

The College of New Jersey does not issue paper paychecks.  All employees must enroll in direct deposit, or a Wisely card will be issued through ADP.  Pay statements are accessible through both Oracle Cloud and ADP.  However, employees are strongly encouraged to complete their account setup and view pay statements through ADP to ensure access to historical information after their service to TCNJ has ended.

Remember to enroll in Direct Deposit through Oracle Cloud.  Direct deposit enrollment ensures that you receive your pay on payday.  For more information concerning direct deposit enrollment, click here.

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10 Month Paycheck Dates

Ten month employees received their first payroll distribution for academic year 2022-2023 on Friday, September 2, 2022. The last payment for the 2022-2023 academic year is June 9, 2023.

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Biweekly Earnings Calculation

12 Month Employees

The state of New Jersey bases the gross biweekly earnings calculation on the number of work days in the fiscal year. The number of work days in a fiscal year for a twelve month employee can vary from 260 to 262 days. In fiscal year 2018, for example, the number of work days is 260. Therefore, in order to calculate the gross biweekly earnings, the annual salary is divided by 260.

Example: Fiscal year 2018 = 260 work days

Biweekly Calculation: 260 Annual Work Days/10 Work Days Per Pay Period=26.0

Annual Salary: $30,000/26.0 = $1,153.85 Biweekly Earnings

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10 Month Employees

To calculate the gross biweekly earnings for a ten month employee the annual is divided by 22.

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Details

Article ID: 148919
Created
Wed 2/1/23 12:20 PM
Modified
Fri 4/28/23 10:00 AM