Common use of Decreases to Variable Clause in Contracts

Decreases to Variable. Salary Due to Loss of Extramural Research Support. After two or more consecutive years in which the Faculty Member’s extramural salary support is equal to or less than 20% of total salary (base salary plus variable salary), the Academic Unit Head may reduce the variable salary by an amount up to 10% of total salary per year. Decreases to variable salary, as indicated above, are not subject to appeal or grievance. Any Faculty Member subjected to a decrease in variable salary who obtains new extramural salary support greater than 20% of their total salary will have their variable salary increased by an amount no less than that which would bring their extramural salary support to 21% of total salary, and no more than their original amount of variable salary. In these instances, restoration of variable salary shall be entirely dependent upon new extramural research funding acquired by the Faculty Member and therefore may result in multiple adjustments to variable salary if multiple new extramural funding awards are obtained.

Appears in 7 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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