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5.1.1 Approval of Faculty Salaries

Last updated on:
Friday, September 1, 2017
Formerly Known As Policy Number: 
5.1.A

All faculty salaries must be approved by the Dean of the School and the Provost before the salary is communicated to the faculty member. Additionally, salaries above a threshold set by the Board of Trustees must be approved by the Compensation Committee of the Board of Trustees. Salary changes, including certain types of supplementary compensation and salary during a leave of absence, require the same authorization and review process. Salary increases for a new academic year are effective on September 1st. Such increases are not automatic and shall be based on performance, applicable compensation policies and budgetary considerations.