Common use of Performance Adjustments Clause in Contracts

Performance Adjustments. 15.1.1 Those faculty members who qualified for a performance adjustment during Spring quarter 2009, will receive a $1500 increase in base salary. Those faculty members who qualified for an exceptional performance adjustment will receive, in addition to the performance adjustment increase, an additional $2000 increase in base salary. Performance and exceptional performance adjustments will become effective September 16, 2009. 15.1.2 Eligibility for performance adjustments and exceptional performance adjustments to be effective September 16, 2012, will be determined in accord with the University’s Performance Adjustment Process (see APPENDIX F). The amounts of performance and exceptional performance adjustments will be as follows: (a) The University will establish a pool of $88,500 in base funds to be divided equally among all faculty members receiving a performance adjustment effective September 16, 2012. Performance adjustments will take the form of an increase to base salary. (b) Those faculty members who qualify for an exceptional performance adjustment will receive, in addition to the performance adjustment increase described in paragraph (a) above, an additional $2000 increase in base salary.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement