Salary Market Adjustments. After meeting and conferring with the Campus Association, the President/designee may certify to the Campus Association in writing that specified positions are paid below prevailing market rates based on salary surveys by third party professional organizations, such as the College and University Professional Association for Human Resources (CUPA-HR), or comparable organizations or agencies which are mutually agreed upon between the Minnesota State System Office and ASF. The President/designee, on an annual basis, may adjust the salaries for incumbent ASF Members in such positions up to fifteen (15) percent above each incumbent's normal base salary. Such adjustment(s) shall be paid as a one-time lump-sum payment within the fiscal year on a date to be determined by the President/designee, and shall not constitute a permanent increase to the ASF Member's base salary. Receipt of an annual adjustment pursuant to this Section shall not be understood to create an expectation for any future annual payments.
Appears in 10 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
