Nih salary cap
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NIH Salary Cap. NIH imposes a limitation on the rate of pay individuals may receive as compensation from NIH funds For calendar year 2004, the cap is $175,700 per year

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NIH Salary Cap

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Nih salary cap

NIH Salary Cap

  • NIH imposes a limitation on the rate of pay individuals may receive as compensation from NIH funds

  • For calendar year 2004, the cap is $175,700 per year

  • NIH also mandates that the portion of the individual’s salary that represents the difference between the capped rate and the actual rate may not be received from federal sources

  • The rate can and usually does change on an annual basis


Nih salary cap1

NIH Salary Cap

For example:

  • PI with a salary of $200,000 per year

  • 25% paid by an NSF grant; 25% by an NIH grant; 50% by CIT funds

    • The PI may only be paid $43,920 from NIH funds (he will be paid $50,000 from NSF funds)

    • The difference of $6,080, which exceeds the NIH cap, can be paid from non-federal sources


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NIH Salary Cap

  • At Caltech an excel spreadsheet is available to assist division/center personnel in calculating the appropriate percent of time needed to input into the payroll system in order to maintain consistency with the NIH salary cap

  • This document also serves the purpose of providing an audit trail

    http://atc.caltech.edu/Finance/policies.htm


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NIH Salary Cap

Procedure:

  • Prior to initiation of any payroll transaction from NIH funds, the division determines which employees are above the salary cap

  • Divisions utilize the NIH salary cap template to determine the percentage of salary that can be charged to relevant NIH grants, and what portion should be charged to non-federal funds

  • Divisions should retain completed NIH salary cap template as partof the record of that payroll transaction


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NIH Salary Cap

Procedure:

  • On annual basis, and at the end of each NIH award’s competitive cycle, Project Accounting will run a report on that award to verify that all salary payments were consistent with the NIH salary cap in effect at the time of the payment, and work with the Division/Center to make necessary adjustments


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