New Salary Grids
The salary grid for full-time faculty members and librarians shall be adjusted each June 1 in accordance with the provisions of Article 40. Members below the ceiling of their rank move up a step on the grid each year, effective June 1, provided that either performance has been at least satisfactory in the biennial performance review or they are not subject to review as per Article 14.16 or Article 15.11 g). (…) Members whose salary increases are governed by the Old Model may have up to two different components to their nominal salary. These include a base salary and an equity supplement.
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