Common use of Adjustments to Salary Schedule Clause in Contracts

Adjustments to Salary Schedule. 1. To populate Appendix “A,” effective in the summer term, for academic year 2020-21, the salary schedule from the prior academic year will be increased by 2.5% to adjust for anticipated changes to inflation. In addition to the inflation increase for each academic year, each step will receive a 1% increase for the 2020-2021 academic year. 2. To populate Appendix “B,” effective in the summer term, for academic year 2021-22, the salary schedule from the prior academic year will be increased by 2.5% to adjust for anticipated changes to inflation. In addition to the inflation increase for each academic year, each step will receive a 2% increase for the 2021-2022 academic year. 3. To populate Appendix “C,” effective in the summer term, for academic year 2022-23, the salary schedule from the prior academic year will be increased by 2.5% to adjust for anticipated changes to inflation. In addition to the inflation increase for each academic year, each step will receive a 3% increase for the 2022-2023 academic year. 4. Effective July 1, 2021 the college will add one additional step to the top of the salary schedule. 5. Any future adjustments to compensation, be they related to step advancement or salary schedule, shall be controlled only by formally ratified successor agreements or memoranda of understanding.

Appears in 2 contracts

Sources: Part Time Faculty Association Agreement, Part Time Faculty Association Agreement