What is the “average academic base salary”?
For a faculty member who terminates employment as of the end of the fiscal year, the average academic base salary is the average of all full professors’ academic base salaries in the faculty member’s school, determined as of the July 1 preceding a faculty member’s termination of employment. For a faculty member who terminates employment as of some other date, the average academic base salary will be determined under the same “weighted average” approach described above to take into account the average academic base salaries in effect during the 12 months preceding his/her termination.
