Faculty Compensation. A. One-Time Compression and Inversion Salary Adjustment: A pool of $205,000.00 shall be used to provide a one-time base salary adjustment for compression and inversion as described below to the August 7, 2013 base salary of individual faculty identified by the parties. The parties agree to use the methodology described in the 2010-2011 Balmoral Study which was conducted to inform bargaining and determining the eligible faculty. The identified ranked faculty will receive an amount calculated for their CIP code as adjusted for the standard error of measurement. In addition, a number of non-ranked instructional faculty (Instructor I and II) were identified as eligible for a salary adjustment based on the Balmoral formula and their relative salary to ranked faculty.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
