Common use of Basic Salary Package Clause in Contracts

Basic Salary Package. The Consumer Price Index referenced in the following section refers to the Consumer Price Index for All Urban Consumers (CPI-U), U.S. City Average, All Items, Not Seasonally Adjusted, Base Period: 1982-84 =100. 2015-16 The entire salary package will be distributed across-the-board (ATB). Bargaining unit members employed by the University on February 15, 2015 and still employed on September 1, 2015 will receive an increment equal to 2.4% of base pay, effective September 1, 2015. 2016-17 The entire salary package will be distributed ATB. Bargaining unit members employed by the University on February 15, 2016 and still employed on September 1, 2016 will receive an increment equal to 2.5% of base pay, effective September 1, 2016. 2017-18 Any raises under this Section will be effective September 1, 2017. The increases in faculty base salaries will be as follows:

Appears in 2 contracts

Sources: Faculty Contract, Faculty Contract