Summarized below are certain common types of investment options available to you, along with their principal objectives and features. You should, of course, read the prospectus for each fund you are considering, together with other literature provided by the fund's sponsor. In reading the objectives of each type of fund, keep in mind that there is no assurance those objectives will be met by any…, Fixed Annuities, Under fixed annuities, insurance companies guarantee your principal and a specified rate of future interest. The companies invest in long-term government bonds, corporate bonds, mortgages, real estate, and private loans. These investments lend safety and stability to your account. There may be additional growth, above and beyond the guaranteed rate, from dividends. Dividends can change, so you…, Money Market Funds, The primary objective of money market funds is stability of price. This means that the share price is managed to remain at $1. The underlying securities in these funds are very short-term in maturity, normally ranging anywhere from one day to one year. Assets are normally invested in debt securities such as Treasury bills, agency bills, certificates of deposit, and foreign money market…, Bond Funds, The objective of bond funds is to offer you the opportunity to earn higher current income than you could earn from investments in money market or growth stock funds. These funds may be invested in government and/or corporate bonds and/or mortgage pools (e.g., Ginnie Maes). Interest, dividends, and/or capital gains are paid monthly or quarterly and will be reinvested in your account. Share prices…, Balanced Funds, Balanced funds have a dual objective: capital appreciation as well as current income. Growth in value through participation in the stock market is a priority for these funds. Current income is an objective as well, and is often gained by the funds' dividend yields and potential for long-term growth. Convertible securities, bonds, and preferred stocks that can be exchanged or "converted" into…, Stock Funds, The primary objective of stock funds is capital appreciation. Stock funds generally invest in the common stock of a variety of companies, selected according to the objective of the specific fund. Some stock funds pursue moderate growth and current income through investment in established high-quality companies. Others seek the highest potential for long-term growth through investments in small…
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As a part of the University's "go green" initiative, and efficiency and effectiveness efforts, the University will no longer be producing paper paychecks and/or printed pay advices. This change will go into effect for the first paycheck of Calendar year 2017 - paycheck dated January 13, 2017. In preparation for the transition to paperless payroll distribution, the University is requiring the use…, direct deposit;, or, as an alternative to direct deposit, a , paycard, ., Direct Deposit, To have your bi-weekly pay direct deposited into your personal bank account(s) with a financial institution of your choice, please contact your campus payroll office. Amherst Campus Boston Campus Darmouth Campus Lowell Campus President's Office Worcester Campus, Paycard, For those employees who would prefer not to utilize direct deposit, you now have the option of receiving your bi-weekly pay through a Visa paycard through Global Cash Card. Detailed Information about the paycard program (including the enrollment form, terms & conditions, fees and FAQs), can found below. Global Cash Card FAQs Global Cash Card Fees flyer Global Cash Card Key Points flyer Global…
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The Employee Engagement Experience, Our onboarding program was developed to enhance engagement with new employees. Our approach is based on three distinct phases with key touchpoints throughout the process: Offer to Day 1 Day 1 to Day 30 Beyond Day 30 , What is Onboarding?, Moment of offer through the first 90 days. Process of integrating a new employee with the organization and its culture. Ensuring a new hire has the tools and information needed to become a productive member of the team., Onboarding Objectives, Help employee meet expectations Make employee feel valued Explain company mission/vision Explain company culture Explain performance expectations, Onboarding Tools, Below are tools to assist the manager when they have a new employee coming onboard. Roll-On Form
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HR and Budget Guidelines for Determining Pay, The purpose of this guideline is to create an orderly process through which department heads (or their designees throughout) may initiate, and HR and Budget will evaluate and respond to, requests to change the rate of pay for an existing position or establish a new rate of pay for a new or restructured position within the President’s Office. (This guideline does not apply to the campuses.) HR and…
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The following links provide you with access to HR Direct tutorials and downloadable job aids. If you have any questions or need support, please contact A&FSupport@umassp.edu . If you are encountering issues, please log a ticket with the Help Desk .
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PageUp is an applicant tracking system (ATS). The application is hosted on the vendor’s server. Candidates see the database through the UMass website, or a job board, where they can apply and upload their resume, cover letter and other required documents. Through PageUp, the University can communicate with applicants and manage the screening process. PageUp provides technical support to…
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Welcome to the UMass President's Office! We are happy to provide this additional information to new hires. If you have any questions about the information here, please email Human Resources at A&FSupport@umassp.edu.
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Form I-9 is used for verifying the identity and employment authorization of individuals hired for employment in the United States. Both employees and employers (or authorized representatives of the employer) must complete the form. On the form, an employee must attest to his or her employment authorization. The employee must also present his or her employer with acceptable documents evidencing…, first day , of employment and verified by HR by the , third day, of employment., A dynamic form is available online at the uscis.gov website (using Internet Explorer only!). This form provides instructions and validation to help you fill it out correctly. If you do not have Internet Explorer, you can go to the I-9 page on uscis.gov and download the paper version.,
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Welcome to the UMass President's Office! We are happy to have you joining us and we hope that you find your employment with the President's Office rewarding and fulfilling. If you have any questions, please email Human Resources at A&FSupport@umassp.edu.
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Estimated Start-Up and On-Going Costs for Payment Card Merchants are subject to change without notice.These costs are charged to the department and include:, Initial Costs, POS Terminal Costs: Purchase Analog* $300 - $500 Purchase Wireless $700-800 + $10-$20 one-time setup fee POS Shipping & Handling Fees $5 - $10 Fed Ex or other carrier fees $ 20-$30 Cybersource MID $225 one-time setup fee, plus $.13-.19 per transaction depending on volume PCI Compliance New applications require a QSA review prior to being put in production.Merchants should budget a minimum of…, On-Going Costs, Wireless Purchased $10-$ 30 p/month data plan POS Supplies (paper rolls) $5 - $25 p/month when needed P2PE $5 p/month p/POS( required on mobile, recommended on analog) Transaction Fees $.06- $.50 per transaction Interchange fees 2% - 4% of the transaction and Processing fees estimated at 3% *OIT or Communication charges for phone lines may also be charged by your campus.
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