Common use of TTF External Equity Clause in Contracts

TTF External Equity. The University will establish a pool for external equity raises for 46 all Tenure-Track and Tenured faculty members equal to .50% of the group’s total base 1 salary (prorated for FTE) in FY 20. 3 In early FY 20, all TTF base salaries will be measured on a department by department 4 basis against the appropriate unit and rank salaries of their AAU Public Peers based on 5 the latest data published from the AAU Data Exchange. The University and the Union 6 will meet to determine the best way to distribute the money in the external equity pool 7 given the amount of money available. All faculty in departments where departmental 8 base salary averages, as defined by AAU data, for their rank are less than 90% of their 9 appropriate AAU Public Peers in rank are expected to see some level of external equity 10 raise.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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TTF External Equity. The University will establish a pool for external equity raises for 46 2 all Tenure-Track and Tenured faculty members equal to .50% of the group’s total base 1 3 salary (prorated for FTE) in FY 20. 3 5 In early FY 20, all TTF base salaries will be measured on a department by department 4 6 basis against the appropriate unit and rank salaries of their AAU Public Peers based on 5 7 the latest data published from the AAU Data Exchange. The University and the Union 6 8 will meet to determine the best way to distribute the money in the external equity pool 7 9 given the amount of money available. All faculty in departments where departmental 8 10 base salary averages, as defined by AAU data, for their rank are less than 90% of their 9 11 appropriate AAU Public Peers in rank are expected to see some level of external equity 10 12 raise.

Appears in 1 contract

Samples: Memorandum of Understanding

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