Faculty Merit Plan Sample Clauses

Faculty Merit Plan. SODM and Academic Portion in SOM All faculty members not enrolled in the Alternative Bonus Plan (ABP; 14.5 below), and with an academic merit rating of acceptable or above, are eligible in each fiscal year, for academic merit (aMerit) distributions under the FMP.3 1) aMerit distributions shall be added to bSalary after the EAGWI has been added, up to the faculty member’s tSalary for rank and specialty. aMerit distributions above the tSalary will be paid as a lump sum bonus. To be eligible for aMerit distribution, a faculty member must have an overall score of acceptable or better during the academic evaluation period from the previous calendar year. 2) Faculty effort aMerit distribution will be based on the faculty member’s score in the Research, Education and Administration categories except as noted below. A faculty member’s score in the Excellence (Ex) category will be counted, but only to a maximum of ten percent (10%) of his/her total FTE. Faculty effort in excess of 10% FTE in the Ex category, as well as any faculty effort in the Transition (T) category, will be proportionally assigned to the R, E and A categories where that faculty member has designated effort. For each evaluative category a faculty member will be scored on the following scale: unacceptable = 0; marginal = 0.5; acceptable = 1.0; superior (exceptional in SODM) = 2.0. The resulting aMerit value for each category is the evaluation score times the faculty effort in that category adjusted to achieve a distribution of R+E+A+Ex = 100% of academic effort. The faculty member’s aMerit Multiplier for each fiscal year shall be the sum of the resulting calculated merit values for the R (R score x adjusted effort), E (E score x adjusted effort), A (A score x adjusted effort) and, if applicable, Ex (Ex score x adjusted effort) categories. [R score x adjusted effort + E score x adjusted effort + A score x adjusted effort + Ex score x adjusted effort = aMerit Multiplier]. 3) A faculty member’s aMerit Multiplier for each year is multiplied by the member’s bSalary times the total academic effort to arrive at a faculty member’s aMerit Product. [aMerit multiplier x bSalary x academic effort = faculty aMerit product].

Faculty Merit Plan. SOM Clinical Portion 1) The Clinical Merit Pool shall be split into clinical productivity merit 70% and “Good Standing” merit 30%. A clinical faculty member may be eligible for “Good Standing” merit even though he or she does not satisfy the criteria for clinical productivity merit. 2) In order to qualify for clinical merit (cMerit) distributions, a clinical faculty member’s CPMR (described in 13.3 (E) above), must be equal to or greater than 0.80 for the previous one year period from April 1st to March 31st. Alternatively, a clinical faculty member can qualify for cMerit distributions, regardless of his or her CPMR, if his or her ratio of collected revenue to clinical bSalary, for the previous one year period from April 1st to March 31st, is equal to or exceeds 2.2. Revenue/clinical bSalary for the proportion of non- UMG clinical activity will equal one (1.0). 3) Clinical faculty in the FMP, with a CPMR from 0.80 to 3.0, will be assigned a cMerit multiplier proportional to the linear range between 0.5 and 3.0. Faculty with CPMRs above 3.0 will be assigned a cMerit multiplier of 3.0. Alternatively, if a faculty member has a collected revenue/clinical bSalary ratio between 2.2 and 4.0, he or she will be assigned a cMerit multiplier proportional to the same 0.5 to 3.0 range. Faculty with collected revenue/clinical bSalary ratios above 4.0 will be assigned a cMerit multiplier of 3.0. Whichever cMerit multiplier is higher will be used for cMerit distribution. Appendix C provides figures and examples to illustrate implementation of these principles. 4) The clinical faculty member’s cMerit Multiplier in each fiscal year is multiplied by his or her bSalary times his or her clinical effort to arrive at the clinical cMerit Product. [cMerit multiplier x bSalary x clinical effort = clinical cMerit product]. 5) All participating faculty members’ cMerit products for the evaluation period are summed to create a total of all faculty cMerit products. The amount of an individual’s cMerit distribution is calculated as a proportion of the faculty member’s cMerit product to the total cMerit products times that year’s cMerit pool. [(individual faculty cMerit product/total cMerit products) x cMerit pool = cMerit distribution] 6) cMerit distributions shall be added to a faculty member’s bSalary after the EAGWI has been added, up to the faculty member’s tSalary for rank and specialty. cMerit distributions above the tSalary will be paid as lump sum bonuses. 7) cMerit, shall be bas...