Lecturer Appointments. 14.07.1 Remuneration will be based on the following formula and includes teaching related duties and service to the Institute. Per three credit studio course 1/10 of the Faculty Member’s eligible annual step salary multiplied by 0.75 = the stipend. Per three credit academic course 1/8 of the Faculty Member’s eligible annual step salary multiplied by 0.75 = the stipend. 14.07.2 The stipend includes a four percent vacation pay per three credit course and, in addition, a further two percent vacation pay shall be paid on the stipend, for a total of six percent vacation pay.
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Sources: Collective Agreement, Collective Agreement