HBP Part 13.2.1. Salary and Wages

Handbook of Business Procedures

Date published: June 3, 2011
Last revised: November 12, 2018
Issued by: Payroll Services


Salaries and wages are compensation paid to employees for services provided to The University of Texas at Austin. These payments are paid through Payroll Services and are reportable on Internal Revenue Service (IRS) Form W-2.

A. Salary

Salary is compensation paid to university employees who are hired into monthly positions. Salary is based on an employee’s annual compensation amount, and is paid on a monthly basis.

B. Wages

Wages are compensation amounts paid to university employees who are hired into hourly positions, and includes other time-based payroll earnings, such as overtime and shift differential.



Part 13. Payroll Services - Table of Contents