The MSU Board of Trustees approved salary increases for non-union faculty and academic staff of 2 percent for general merit and .5 percent for college market adjustments effective Oct. 1. Additionally, 0.5 percent was approved for the university-wide market pool for market adjustments for non-union faculty and academic staff. As in past years, guidelines for the university-wide market pool are distributed separately. Read more here.
The central .5 percent market pool, to be administered by the Office of the Provost, is targeted primarily for ranked faculty, but open to all faculty and academic staff not subject to collective bargaining. The intent of this program is to recognize highly marketable ranked faculty and academic staff in a timely manner and, in so doing, encourage long-term commitment to the university within the context of an increasingly competitive national market. The market increments were effective Oct. 1. Read more here.
Also approved was a 1 percent academic competitiveness fund that will be allocated to build academic competitiveness at the College level. This fund is based upon a 1.00 percent merit pool calculated from the tenure system faculty base to be effective Jan. 1, 2015 and awarded to key faculty and staff in targeted programs to enhance the national and international excellence and competitiveness of MSU as a research university.
As negotiated in the collective bargaining agreement, a 2.75 percent general merit pool has been approved for the UNTF effort for those in the Union of Non-tenure Track Faculty bargaining unit. Increases became effective on Oct. 1. Read more here.