Common use of Promotional Raises Clause in Contracts

Promotional Raises. The Board shall increase a Faculty member’s base monthly salary for a promotion in academic rank as follows: a. Promotion from Assistant to Associate Professor with tenure - $600 per month or 12% of the median salary of the rank in the unit from which the candidate is promoted, whichever is greater. b. Promotion from Associate to Full Professor - $1,200 per month or 12% of the median salary of the rank in the unit from which the candidate is promoted, whichever is greater. c. The effective date of such promotional increases shall be at the start of the fiscal year following the fiscal year in which the promotion decisions were made.

Promotional Raises. The Board shall increase a Faculty member’s base monthly salary for a promotion in academic rank as follows: a. Promotion from Assistant to Associate Professor with tenure - $600 per month or 12% of the median salary of the rank in the unit from which the candidate is promoted, whichever is greater. b. Promotion from Associate to Full Professor - $1,200 per month or 12% of the median salary of the rank in the unit from which the candidate is promoted, whichever is greater. c. . The effective date of such promotional increases shall be at the start of the fiscal year following the fiscal year in which the promotion decisions were made.

Promotional Raises. The Board shall increase a Faculty member’s base monthly salary for a promotion in academic rank as follows: a. Promotion from Assistant to Associate Professor with tenure - $600 per month or 12% of the median salary of the rank in the unit from which the candidate is promoted, whichever is greater. b. Promotion from Associate to Full Professor - $1,200 per month or 12% of the median salary of the rank in the unit from which the candidate is promoted, whichever is greater. c. The effective date of such promotional increases shall be at the start of the fiscal year following the fiscal year in which the promotion decisions were made.