MARKETABILITY POLICY

Eligibility

Only those with unclassified appointments who have received raises above the university average for FY 2000 (Academic Year 199902000) and FY 2001 are eligible for marketability adjustments.  That is, faculty should have a current base salary which is 11.29% above their FY 2000 base salary and unclassified professional should have a current base salary which is 9.77% above their FY 2000 base salary.  This computation should exclude adjustments for promotions, professorial review, and base teaching awards.

Procedure

Department chairs send nominations to the dean.  This nomination should include the candidates FY 2000 salary and current salary and address the issue of marketability.  The dean should review these nominations and make a separate recommendation to the Vice President for Academic Affairs and Research.

posted 10/20/03