CoachGerry Posted September 21, 2012 Report Share Posted September 21, 2012 President, staff, faculty get raises at University of Akron By Carol Biliczky Beacon Journal staff writer Published: September 21, 2012 - 12:22 AM | Updated: September 21, 2012 - 11:48 AM View Larger Version >> Faculty and staff at the University of Akron are in line for retroactive raises that will show up in their October paychecks. Trustees this week OK’d raise pools of 3 percent for staff and 5.5 percent for faculty. Because these are pools of money, not all employees will see the same hike in their paychecks. “During these challenging times, it is vital we remain competitive,” UA President Luis Proenza said in a media release. “With this action by the board, we are more appropriately aligned with Ohio’s higher education marketplace.” Trustees also gave Proenza his yearly raise — 5 percent, or $20,250, which brings his salary to $425,250. All of the increases will cost the university an additional $5.4 million a year, UA spokeswoman Eileen Korey said. The faculty raises are required in the third and last year of the contract with the American Association of University Professors. Full-time faculty will get 1 percent across-the-board raises and are eligible for 2 percent merit adjustments determined by the department. Associate professors and full professors also are eligible for the 2 percent market adjustment pool, as determined by the administration and department. In addition, the university will award 0.5 percent increases for strategic priorities, to a maximum of $5,000 per faculty member. According to a list of faculty salaries trustees approved this week, the highest paid instructors covered by the AAUP contract will be finance professor Aigbe Akhigbe, $216,224; polymer science professor Darrell Reneker, $207,374; and finance professor Raj Aggarwal, $185,074. The highest paid administrators with faculty status will be Chand Midha, dean of the College of Arts and Sciences, $279,246; College of Engineering Dean George Haritos, $264,594; and Martin Belsky, law professor, $260,031. In addition to Proenza, the highest paid staff and contract professional employees whose salaries were approved this week were Athletic Director Tom Wistrcill, $243,477; and Tim Dufore, associate vice president of development, and Victor Monroy, instructional director of polymer science and polymer engineering, each at $216,424. Wistrcill, Dufore and Monroy might not be UA’s highest paid administrators, however, as decisions for some vice presidents were put on hold for the next trustees meeting. Also, some employees new to the university were not eligible for raises. Proenza’s raise is retroactive to Jan. 1, because he is paid on a calendar-year basis. Faculty and staff raises are retroactive to the start of the academic year in July. Link to comment Share on other sites More sharing options...
zen Posted September 22, 2012 Report Share Posted September 22, 2012 Yeah okay, let's not give raises, and let all the good help and talented faculty seek out jobs elsewhere. That sounds like a good plan for the future of the institution. 3% is by no stretch a large raise considering cost of living increases. Link to comment Share on other sites More sharing options...
Dr Z Posted September 22, 2012 Report Share Posted September 22, 2012 Same topic found here. Link to comment Share on other sites More sharing options...
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