Annual salary:
Annual salary is the full-time salary shown on the current contracted faculty salary schedule at the instructor's level and step. Remember, Summer term is considered the first term of a new year so the salary schedule and the level and step placement for the new year should be used (if available) for the calculation of overloads* rather than the schedule for the past year.
*Faculty on a 12-month pay plan beginning in September of the academic year will receive the final 2 payments on their contract salary in July and August of the following summer. These final 2 contract payments will be calculated according to the schedule in effect for the academic year just ended.
|