A faculty member has been awarded a promotion or a range elevation that is scheduled to take effect during the furlough program. What happens to the faculty member’s salary?
Faculty members who have been awarded promotions or range elevations will receive the associated salary increases as scheduled. The new salary will then become the base rate for the purpose of determining the adjusted salary during the furlough period. Example: An assistant professor earning $5,000 per month receives promotion to associate professor, effective at the beginning of the 2009/10 academic year, and is awarded a salary increase of 7.5%. The faculty member’s new base salary becomes $5,375 ($5,000 times 1.075). The faculty member’s actual salary during the furlough program would then be reduced by 9.23%, so that the actual monthly salary for the duration of the program would be $4,878.89.
Related Questions
- Can a faculty member interested in participating in the Furlough Exchange Program (FEP) do so if he/she cannot fund the full FEP percentage?
- Are faculty members required to provide any certifications regarding their participation in the furlough program?
- How does the Furlough Exchange Program (FEP) work with the existing Faculty Salary Research Exchange Program (FSREP)?
