Greetings FA Members!
Here are some updates regarding raise implementation and the Separation Incentive Plan (SIP).
1. Will people who are at the highest of their range be denied this $3650? (That happened last year and we want to ensure it doesn't happen again.)
No. The Chancellor has directed that the existing rule, which prohibits an employee at the top of a salary range from getting the approved increase in compensation, NOT be applied for any increase which may be approved by the Board in August for the 2022-23 budget year.
For context, last year, people who were at their maximum salary range were not eligible to receive the raise to which they were entitled because the administrators at the time enforced a rigid policy that nobody could make above their range maximum. That will not be the case this year.
2. Will the 75% Separation Incentive Plan calculation apply to eligible faculty salary after the $3650 is added?
Yes. For SIP eligible faculty members who receive the $3,650 increase to base (if approved by the Board in August) the 75% calculation will be based upon the new base salary
Please contact your FA president if you have any questions or concerns.
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