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The challenge of Grantees to attract and retain top employees is made more difficult given the Congressional statutory restriction imposed on Health and Human Services (HHS) Appropriations that limits the maximum rate of compensation that can be paid to an individual. The “salary rate cap” language contained in the NIH Grants Policy Statement limits the [...]
PhD´s, engineers, and scientists who participate in the Small Business Innovative Research (SBIR) and other Federal Government funded research programs are typically professionals who are paid an annual salary, and frequently work more than a standard forty hour week. This creates a cost accounting issue when dealing with cost-type government contracts and grants, such as [...]