Q – Am I eligible for the salary adjustment (base pay increase and lump sum payment)?
A – All current Faculty members who were eligible for the Faculty Salary Increase (FSI) process on May 1, 2023 and were a faculty member on either May 1, 2021 or May 1, 2022 are eligible.
Q – Do the percentage increases also apply to the SIUs, and the salary floors and thresholds?
A – The percentage increases are used to calculate a revised salary effective May 1, 2023 for eligible faculty members who were employed at the University as a faculty member on May 1, 2021 or May 1, 2022 only. There are no changes to the SIUs, and the salary floor and thresholds for the 2023-2024 year which were used to determine the salary increases through the Faculty Salary Increase (FSI) process for 2023.
Q – Can you provide an example of how the salary increases are calculated?
A – Please refer to the tables below to see how the percentage increases are calculated using the example of an April 30, 2023 salary of $150,000 and a 2.66% increase effective May 1, 2023 from the FSI process.
- For eligible faculty members who were employed at the University (as a faculty member) on May 1, 2021:
Your Base Salary effective April 30, 2023: $150,000.00
Phase One (Increase by 2%): $3,000.00
Phase Two (Increase by 2%): $3,060.00
Plus Merit (FSI 2023 Process Increase less 1%): 1.66% $2,590.60
Revised Base Salary effective May 1, 2023: $158,650.60
Plus additional lump sum payment in July 2023 (not added to base salary): $2,500.00
- For eligible faculty members who were employed at the University (as a faculty member) on May 1, 2022 but not May 1, 2021:
Your Base Salary effective April 30, 2023: $150,000.00
Phase One (Increase by 1%): $1,500.00
Phase Two (Increase by 2%): $3,030.00
Plus Merit (FSI 2023 Process Increase less 1%): 1.66% $2,565.20
Revised Base Salary effective May 1, 2023: $157,095.20
Plus additional lump sum payment in July 2023 (not added to base salary): $1,250.00
Q – I was an active employee on May 1, 2021 but I am retiring in June 2023, how will I receive payment?
A – You are eligible for a salary adjustment effective May 1, 2023 as well as a lump sum payment. You will receive both through the University’s payroll in July 2023 using your banking information within Workday. If your pension needs to be recalculated based on a revised final average earnings, Human Resources will reach out to you.
Q – I was actively employed on May 1, 2021 but I retired on January 1, 2022 – am I eligible for these pay adjustments?
A – No, these pay adjustments apply to active employees as of May 1, 2023, as outlined in Schedule B: “This Addendum regarding the Reopener Clause applies to all faculty members who were eligible for the Faculty Salary Increase process effective May 1, 2023.”
Q – I was an employee of the University on May 1, 2022 but not a Faculty member until July 2022. Am I eligible for a salary adjustment and/or a lump sum payment?
A – No, to be eligible for a salary adjustment and lump sum payment, you needed to be a Faculty member as defined by the Memorandum of Agreement between FAUW and UW on May 1, 2021 or May 1, 2022. Your May 1, 2023 salary, as calculated with the Faculty Salary Increase (FSI) process for 2023 and communicated to you in May 2023 through the pay advice statement on Workday remains unchanged.
Q – I belong to one of the two groups above and I am currently on parental leave, receiving supplemental benefits from the University through Policy 14. Will I be impacted in July 2023 or when I return from leave?
A – Your supplemental benefits will be recalculated based on your revised salary effective May 1, 2023. You will be eligible for your pay adjustment (revised salary and lump sum payment), subject to applicable deductions, at the time of your return to work when your pay cycle resumes in the normal course.
Q – I belong to one of the two groups above and I am currently on an unpaid leave of absence. Will I be impacted in July 2023 or when I return from leave?
A – You will be eligible for your pay adjustment (revised salary and lump sum payment), subject to applicable deductions, at the time of your return to work when your pay cycle resumes in the normal course.
Q – I belong to one of the two groups above and I am currently on sabbatical with an 85% salary level. Will I be impacted in July 2023 or when I return from my sabbatical?
A – Your earnings during sabbatical will be recalculated based on your revised salary effective May 1, 2023. You will be eligible for your pay adjustment (revised salary and lump sum payment), subject to applicable deductions, at the time of your return to work when your pay cycle resumes in the normal course.
Q – I belong to one of the two groups above and I am currently on a reduced workload to retirement arrangement with a full-time equivalency (FTE) is 50%. Will my lump sum payment be reduced by 50%?
A – Your salary will be recalculated based on your revised salary effective May 1, 2023. Your lump sum payment will be prorated if your FTE on May 1, 2023 was less than 100%.
Q – I belong to one of the two groups above and I have a fractional load of 75%. Will my lump sum payment be reduced by 25%?
A – Yes, your lump sum payment will be prorated if your Full-time Equivalency (FTE) on May 1, 2023 was less than 100%.