Retrenchment Due to Financial Exigency Sample Clauses

Retrenchment Due to Financial Exigency a. A condition of financial exigency shall be declared by the Board of Trustees at such time as the University faces an imminent financial crisis which threatens the survival of the institution as a whole and which cannot be alleviated by less drastic means. b. Proposals to eliminate academic units or programs shall proceed in accordance with the University protocols and procedures for review of such proposals, provided that the review process therein specified shall, following a declaration of financial exigency, be completed in accordance with a timetable established by the Xxxxxxx following consultation with the Faculty Senate and not to exceed six (6) months. c. If the course of action adopted by the Board of Trustees requires termination of faculty appointments, under the direction of the President or his or her designee, a staffing plan will be developed in coordination with affected college or school or division Deans, Directors and Chairs, to address such personnel actions. Staffing plans may include proposals for reductions in FTE (e.g. reduced workload and reduced salary), temporary or permanent reassignments within the institution or other options that may obviate or lessen the need for faculty terminations. i. In all cases requiring termination of faculty members, primary consideration shall be given to the University’s responsibility to offer academic programs consistent with its institutional mission and established strategic priorities. Except for compelling and bona fide reasons relating to academic and program needs, appointment terminations will be made within academic units in conformance with the following order of priority: (a) part-time faculty (i.e. less than .75 FTE) in an affected program; (b) non-tenure track faculty members in an affected program in reverse order of rank, and within each rank, in reverse order of seniority or credited professional service; (c) non-tenured, tenure-track faculty in an affected program in reverse order of rank, and within each rank, in reverse order of seniority or credited professional service; (d) tenured faculty in an affected program in reverse order of rank, and within each rank, in reverse order of seniority or credited professional service. ii. In any case in which the order of termination is based on other than seniority, the Xxxx will provide in writing to the Union the reasons for this decision. d. Affected faculty will receive written notice of termination from their Xxxx or decanal equiv...
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Retrenchment Due to Financial Exigency. The following procedures are used for the reduction of Unit members, how such personnel shall be laid off, and how they shall be recalled. The term xxxx is generic in nature as is the term academic unit. When read in this document, such terms appropriately apply to the Division of Library Services.
Retrenchment Due to Financial Exigency. The following procedures are used for the reduction of Unit members, how such personnel shall be laid off, and how they shall be recalled. The term xxxx is generic in nature as is the 8 In the case of decisions to discontinue an academic program by the Board of Regents, “the procedure surrounding the dismissal was improper” will not be considered grounds for grievance. term academic unit. When read in this document, such terms appropriately apply to the Division of Library Services.
Retrenchment Due to Financial Exigency a. A condition of financial exigency shall be declared by the Board of Trustees at such time as the University faces an imminent financial crisis which threatens the survival of the institution as a whole and which cannot be alleviated by less drastic means.
Retrenchment Due to Financial Exigency a. A condition of financial exigency shall be declared by the Board of Trustees at such time as the University faces an imminent financial crisis which threatens the survival of the institution as a whole and which cannot be alleviated by less drastic means. Such a declaration shall be made by the Board of Trustees upon recommendation of the University President. The recommendation of the President shall be made following consultation with the Faculty Senate Executive Council and the Union President, such consultation to be held jointly or separately in the sole discretion of the President. The President’s recommendation must include submission to the Board of Trustees of documentation of the financial position of the University, a request for the declaration and reasons therefor, and a plan to address the financial condition of the Univer-
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