Common use of Promotion Raises Clause in Contracts

Promotion Raises. ‌ Upon promotion in rank, tenure-track faculty will have their salary increased to the base salary of the new rank, or receive a salary increase of 5%, whichever is greater. If that faculty member follows the traditional timelines and receives promotion to the rank of Associate or Professor within four (4) or five (5) years, then the faculty member will receive an additional bonus of $2,000.

Promotion Raises. ‌ Upon promotion in rank, tenure-track faculty will have their salary increased to the base salary of the new rank, or receive a salary increase of 5%, whichever is greater. If that faculty member follows the traditional timelines and receives promotion to the rank of Associate or Professor within four (4) or five (5) years, then the faculty member will receive an additional bonus of $2,000.

Promotion Raises. ‌ Upon promotion in rank, tenure-track faculty will have their salary increased to the base salary of the new rank, or receive a salary increase of 5%, whichever is greater. If that faculty member follows the traditional timelines and receives promotion to the rank of Associate or Professor within four (4) or five (5) years, then the faculty member will receive an additional bonus of $2,000.

Promotion Raises. ‌ Upon promotion in rank, tenure-track faculty will have their salary increased to the base salary of the new rank, or receive a salary increase of 5%, whichever is greater. If that faculty member follows the traditional timelines and receives promotion to the rank of Associate or Professor within four (4) or five (5) years, then the faculty member will receive an additional bonus of $2,000.

Promotion Raises. ‌ Upon promotion in rank, tenure-track faculty will have their salary increased to the base salary of the new rank, or receive a salary increase of 5%, whichever is greater. If that faculty member follows the traditional timelines and receives promotion to the rank of Associate or Professor within four (4) or five (5) years, then the faculty member will receive an additional bonus of $2,000.