As part of the transition from exempt (salaried) to non-exempt (hourly) status, employees impacted by the FLSA change will move to a bi-weekly pay cycle.
| Pay Type | Pay Period | Hours in Pay Period | Check Date |
|---|---|---|---|
| Last Monthly Paycheck | December 1, 2024 – December 31, 2024 5R12 |
173.33 hours (assuming 1.0 FTE) |
Friday, December 20, 2024 |
| 1st 2025 Bi-weekly Paycheck | December 14 – December 27, 2024 2R01 |
0 hours Note: Time worked in December was paid on December 20th monthly paycheck. |
N/A |
| 2nd 2025 Bi-weekly Paycheck | December 28 - January 10, 2025 2R02 |
64 hours (assuming 1.0 FTE) Note: Time for Dec 28-31 was paid on December 20th monthly paycheck. |
Friday, January 17, 2025 |
| 3rd 2025 Bi-weekly Paycheck | January 11 – January 24, 2025 2R03 |
80 hours (assuming 1.0 FTE) |
Friday, January 31, 2025 |
| 4th 2025 Bi-weekly Paycheck | January 25, 2025 – February 7, 2025 2R04 |
80 hours (assuming 1.0 FTE) |
Friday, February 14, 2025 |
During the transition, impacted employees will receive two paychecks in January:
The total hours paid in January (144* hours) will be lower than the usual monthly total of 173.33 hours previously received as an exempt (salaried) employee. For planning support, helpful resources include: Voluntary Leave Conversion Option: To help support employees during this transition, UNM is providing an opportunity for employees to opt-in to convert accrued paid leave (annual and/or sick) into earnings. See below for more details.
* Hours shown are estimates based on a full-time 40-hour workweek. Non-exempt employees are paid hourly for hours worked, so individual earnings may vary based on actual hours worked.
To help support employees during this transition, UNM is providing an opportunity for employees to opt-in to convert accrued paid leave (annual and/or sick) into earnings.
Key details:
Recommendation: Review your leave balances to ensure sufficient leave availability for the year.
Moving to a bi-weekly pay cycle will change how deductions are applied:
| Pay Type | Check Date | Elected Deductions |
|---|---|---|
| Last Monthly Paycheck | Dec. 20, 2024 |
FULL Monthly Deductions for December will be withheld from this check:
|
| 1st Bi-weekly Paycheck | N/A | N/A |
| 2nd Bi-weekly Paycheck | Jan. 17, 2025 |
Deductions will change from a monthly rate to a biweekly rate (the monthly rate divided in half). Review and adjust supplemental retirement plan contributions (403(b) & 457(b)) by Jan. 9, 2025. All other deductions will automatically change to the biweekly rate. |
| 3rd Bi-weekly Paycheck | Jan. 31, 2025 |
Deductions will be withheld at the biweekly rate. In months with three pay periods, deductions are typically not taken from the third paycheck. However, due to the timing of the FLSA-related pay cycle transition, you will only receive two paychecks in January, and elected deductions will be withheld from both. |
Note: Mandatory deductions (taxes, ERB, FICA/Medicare, Social Security) will apply to all eligible earnings.
As a non-exempt employee, you will be paid for all hours worked during January. However, because of the bi-weekly pay cycle timing, earnings for hours worked January 25 – 31, 2025 are part of a new pay period and will be paid on your February 14, 2025 paycheck. This change in timing results smaller January paychecks compared to what you would have been paid in January as an exempt employee. To address this change, please consider participating in the Option Leave Conversion Opportunity described above.
To address the timing change from exempt to non-exempt status, the program caps conversions at 40 hours.
Yes. Employees transitioning to non-exempt will need to report their actual December leave usage using the Voluntary Leave Conversion online form, even if not electing to convert leave. With so many employees transitioning to bi-weekly pay and the timing of Winter Break, we need a quick and easy way to report December leave. This ensures your leave balance is accurate for your first January paycheck on January 17.
No, NM Statutes do not allow lump sum payments from leave balances be counted toward eligible earning for the pension plan. Your regular earnings on your January 31 pay will have ERA pension deductions.
