Common use of General Salary Adjustments Clause in Contracts

General Salary Adjustments. Except as provided in Section 8.3.4 and 8.3.5 below, the salary increases in this Section will be provided to all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty. General salary increases will be calculated and provided based on and in addition to the market-based salary adjustments described in Section 8.1 above. 8.3.1 Effective September 1, 2022, all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty will receive a four and one quarter percent (4.25%) increase in their base salary. 8.3.2 Effective September 1, 2023, all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty will receive a three percent (3.00%) increase in their base salary. 8.3.3 Effective September 1 2024, all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty will receive a three percent (3.00%) increase in their base salary. 8.3.4 Tenured-track and tenured faculty who as of the date of this Agreement are compensated at more than one hundred ten percent (110%) but not more than one hundred fifteen percent (115%) of the market average for their discipline (as defined in Section 8.1) will receive one-half (0.5) of the above general salary increases described in this Section; two point one three percent (2.13%) effective September 1, 2022; one and a half percent (1.5%) for 2023, and one and a half (1.5%) for 2024. 8.3.5 Tenured-track and tenured faculty who as of the date of this Agreement are compensated at more than one hundred fifteen percent (115%) of market average for their discipline are not eligible for general salary increases.

Appears in 3 contracts

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

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General Salary Adjustments. Except as provided in Section 8.3.4 and 8.3.5 8.2.5 below, the salary increases in this Section will be provided to all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty. General salary increases will be calculated and provided based on and in addition to the market-based salary adjustments described in Section 8.1 above. 8.3.1 Effective September 1, 20222019, all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty will receive a four and one quarter two percent (4.252.0%) increase in their base salary. 8.3.2 Effective September 1, 20232020, all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty will receive a three two percent (3.002.0%) increase in their base salary. 8.3.3 Effective September 1 20241, 2021, all lecturers, senior lecturers, faculty in residence, probationary faculty and tenured faculty will receive a three two percent (3.002.0%) increase in their base salary. 8.3.4 Tenured-track and tenured faculty who as of the date of this Agreement are compensated at more than one hundred ten percent (110%) but not more than one hundred fifteen percent (115%) of the market average for their discipline (as defined in Section 8.1) will receive one-half (0.5) of the above general salary increases (one percent (1%) per year) described in this Section; two point one three percent (2.13%) effective September 1, 2022; one and a half percent (1.5%) for 2023, and one and a half (1.5%) for 2024. 8.3.5 Tenured-track and tenured faculty who as of the date of this Agreement are compensated at more than one hundred fifteen percent (115%) of market average for their discipline are not eligible for general salary increases.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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