Category: Financial Focus
Be on the lookout for W-4 form changes
The University of Florida expects to have the new 2020 W-4 form available in myUFL’s My Self Service module by mid-January of 2020. Due to federal tax law changes that took place in 2018, the 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions. While the Internal Revenue Service (IRS) is not […]
UF 2019 Contract Supplier Showcase
UF faculty and staff are invited to meet UF’s contract vendors and enjoy free refreshments.
myUF Marketplace is now live; resources available to help
On Oct. 28, UF launched its new single procure-to-pay system designed to streamline processes for UF departments.
New study reports UF contributes more than $16 billion to Florida’s economy
The University of Florida and related entities contributed $16.91 billion to the state’s economy in fiscal year 2017-2018, according to a newly released study on UF’s economic contributions. In Alachua County alone, the university and related entities supported 93,764 full- and part-time jobs, representing 54% of the county’s workforce. These jobs include staff and faculty […]
Additional details about UF’s 2019-20 Pay Program
The university will implement a 1-percent across-the-board increase for all eligible employees and has created an aggregate increase pool of 2 percent to be used for market and merit in amounts that may range from zero to more than 2 percent. Additionally, the minimum wage will increase from $13 to $14 per hour, effective Oct. 1, 2019.
Announcing UF’s 2019–2020 Pay Program
Effective Oct. 1, 2019, for employees on payroll as of June 30, 2019, the university will implement a 1-percent across-the-board salary increase and an additional 2-percent salary increase pool for merit and market-based increases based on criteria established by colleges and units. Additionally, the university’s minimum wage for TEAMS employees will increase from $13 to $14 per hour, also effective Oct. 1.
Department Wellness Fund applications now open
Beginning this month through the end of August, University of Florida and UF Health departments may apply for one of 10 Department Wellness Fund awards of up to $500 to support health and wellness initiatives in their area.
Need some guidance on retirement? Enroll in a FLARE workshop today
UF’s Financial Literacy and Retirement Education (FLARE) workshops are here to guide you on your journey toward the best possible financial future.
Announcing the new Finance & Accounting website
UF Finance & Accounting (F&A) has upgraded its website to make it more intuitive, modern and mobile-friendly.
Proposed 2019-20 Fringe Benefit Pool rates announced
The university has calculated the new proposed pooled fringe rates for fiscal year 2019–20 and has submitted them to the U.S. Department of Health and Human Services.
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