Common use of Salary Inversion Clause in Contracts

Salary Inversion. It is the intent of Northern Michigan University to remedy inappropriate salary inversions resulting from promotions or new hires. The University and the Association agree to institute a Faculty Salary Inversion Review Committee, composed of three (3) members appointed by the Association and three (3) members appointed by the PVPAA to monitor salary inversions that may arise from promotions or new hires and to recommend adjustments to the PVP AA. The Review Committee shall meet and make its recommendations to the PVP AA as soon after salary increases have been implemented as practicable. A potential salary inversion arises when the salary of a promoted or newly hired faculty member is greater than colleagues at the same rank, in the same discipline and CIP code. Not every inversion needs to be adjusted, however. If a faculty member with extraordinary attainments and accompanying above average salary is promoted or hired and has a post-promotion or post-hire salary larger than others at the new rank, then there is no prima facie reason to adjust the inverted salaries.

Appears in 4 contracts

Samples: www.nmu.edu, www.nmu.edu, www.nmu.edu

AutoNDA by SimpleDocs

Salary Inversion. It is the intent of Northern Michigan University to remedy inappropriate salary inversions resulting from promotions or new hires. The University and the Association agree to institute a Faculty Salary Inversion Review Committee, composed of three (3) members appointed by the Association and three (3) members appointed by the PVPAA to monitor salary inversions that may arise from promotions or new hires and to recommend adjustments to the PVP AAPVPAA. The Review Committee shall meet and make its recommendations to the PVP AA PVPAA as soon after salary increases have been implemented as practicable. A potential salary inversion arises when the salary of a promoted or newly hired faculty member is greater than colleagues at the same rank, in the same discipline and CIP code. Not every inversion needs to be adjusted, however. If a faculty member with extraordinary attainments and accompanying above average salary is promoted or hired and has a post-promotion or post-hire salary larger than others at the new rank, then there is no prima facie reason to adjust the inverted salaries.

Appears in 1 contract

Samples: nmu.edu

AutoNDA by SimpleDocs

Salary Inversion. It is the intent of Northern Michigan University to remedy inappropriate salary inversions resulting from promotions or new hirespromotions. The University and the Association agree to institute a Faculty Salary Inversion Review Committee, composed of three (3) members appointed by the Association and three (3) members appointed by the PVPAA Xxxxxxx and Vice President for Academic Affairs to monitor salary inversions that may arise from promotions or new hires the promotion structure in the 2012-2015 Agreement and to recommend adjustments to the PVP AAXxxxxxx and Vice President for Academic Affairs. The Review Committee shall meet and make its recommendations to the PVP AA Xxxxxxx and Vice President for Academic Affairs as soon after salary increases have been implemented as practicable. A potential salary inversion arises when the salary of a newly promoted or newly hired faculty member is greater than colleagues at the same rank, rank and in the same discipline and CIP codediscipline. Not every inversion needs to be adjusted, however. If a faculty member with extraordinary attainments and accompanying above average salary is promoted or hired and has a post-promotion or post-hire salary larger than others at the new rank, then there is no prima facie reason to adjust the inverted salaries.

Appears in 1 contract

Samples: Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!