The new Brandeis policy on postdoc compensation was announced in an email from Provost Lisa Lynch on 9/28/16, as follows
Dear Colleagues, Postdoctoral Scholars, and Grants Administrators,
This note serves as formal notice that as of December 1, 2016, the minimum stipend for a Postdoctoral Associate at Brandeis University will be no less than $47,484 annually or $3,957 monthly. The attached document provides more details on the types of postdocs at Brandeis, terms of such an appointments, and this new minimum salary requirement.
On May 18, 2016 the United Stated Department of Labor (DOL) amended the Fair Labor Standards Act (FLSA) by raising the salary threshold for exempting certain employees from FLSA overtime requirements from $455 a week (or $23,660 annually) to $913 a week ($47,476 annually), effective December 1, 2016. Employees who do not meet the new salary threshold must be paid overtime for all hours worked over 40 hours in a workweek. This amendment affects postdocs as well as other positions at Brandeis.
Postdoctoral Associates at Brandeis University currently are classified as salaried, exempt employees under the FLSA, and are not eligible for overtime pay. For thosepostdocs funded on NIH training grants and fellowships, the NIH has announced that it will raise their postdoc stipends to $47,484 annually or $3,957 monthly.
Many PIs at Brandeis are factoring this change into their new proposals for grants and contracts and federal research funding agencies understand the new FLSA threshold. All new proposals for grants and contracts should budget no less than this new minimum for all postdoctoral associate positions to ensure they are sufficiently funded. If you have any questions about this policy please do not hesitate to contact Associate Provost for Research Administration Paul O'Keefe, Vice Provost for Research Ed Hackett, or me.Sincerely,Lisa M. LynchProvost