Common use of Faculty Compensation Clause in Contracts

Faculty Compensation. A. Salary Increase for Promotions for 2011-2012. The University shall provide a pool of such an amount as is needed to fund promotion increases to faculty who have been promoted. For 2011-2012 the amount will be sufficient to provide base salary increases for in-unit faculty who were approved for promotion by the Board of Trustees at the June 2011 meeting. From the established pool, the respective faculty members shall, on August 7, 2011, receive adjustments to their 2010-2011 base salary consistent with the rank or level to which they were promoted and the percentage adjustment to base salary outlined in Article 23.2.

Faculty Compensation. A. Salary Increase for Promotions for 20112015-20122016. The University shall provide a pool of such an amount as is needed to fund promotion increases to faculty who have been promoted. For 2011-2012 2015- 2016, the amount will be sufficient to provide base salary increases for in-unit faculty who were approved for promotion by the Board of Trustees at the its June 2011 2015 meeting. From the established pool, the respective faculty members shall, on effective August 7, 20112015, receive adjustments to their 20102015-2011 2016 base salary salary, consistent with the rank or level to which they were promoted and the percentage adjustment to base salary outlined in Article 23.223.2.A to E above.