POLICIES AND PROCEDURES | Human Resources | 5.39 Payroll


Payroll

Payroll is released on the last workday of each month, except for the month of December or as otherwise directed by the state of North Carolina.


Income Tax

All wages received by employees are subject to applicable federal and state income tax at the rate established by laws. All employees must complete both W-4 and NC-4 forms, indicating withholding exemptions claimed for income tax purposes. Employees receive form W-2, indicating wages earned and taxes deducted, not later than January 31 following the year they earned the wages.


Social Security

Social Security covers all employees.  Information on current withholding rates is available in the Business Office.


HR Administrator, VP Ops/Fin, VP Stud Dev & Tech
BOT: July 16, 2002, July 20, 2010