Common use of Annual Salary Rate Clause in Contracts

Annual Salary Rate. The faculty member will be appointed to a 9 -month academic wage appointment at his or her annual salary rate* at the time of tenure relinquishment. This rate will remain in effect for the duration of the agreement unless (1) the faculty member is granted a salary increase or (2) the University reduces the faculty member’s salary rate due to fiscal requirements or constraints outlined in the CBA. The faculty member will be eligible for salary increases as provided by the CBA for academic wage appointment faculty. *A faculty member’s annual salary rate will be converted per the CBA, if the academic wage appointment basis is different than the appointment basis held prior to resignation or retirement (no exceptions).

Annual Salary Rate. The faculty member will be appointed to a 9 -month 9-month academic wage appointment at his or her their annual salary rate* at the time of tenure relinquishment. This rate will remain in effect for the duration of the agreement unless (1) the faculty member is granted a salary increase or (2) the University reduces the faculty member’s salary rate due to fiscal requirements or constraints outlined in the CBA. The faculty member will be eligible for salary increases as provided by the CBA for academic wage appointment faculty. *A faculty member’s annual salary rate will be converted per the CBA, if the academic wage appointment basis is different than the appointment basis held prior to resignation or retirement (no exceptions).