Pay plan to take effect

Faculty and academic staff should see a recently approved pay increase on paychecks dated Friday, Nov. 30, followed by a Wednesday, Dec. 12, retroactive paycheck.

Unclassified employees with 12-month appointments will receive retroactive pay for the time period beginning July 1, the first day of the fiscal year, through October. Those with nine-month appointments will receive retroactive pay from Aug. 27 through October.

Last month, lawmakers approved a 3.2 percent raise for all unclassified university employees. The plan also phases in a 4.2 percent increase next fiscal year, with 2.1 percent starting July 1 and another 2.1 percent Jan. 1, 2003.

Academic units can distribute the pay plan based on merit, meaning actual pay increases can vary. No raises will be smaller than 1.1 percent unless departments show that an employee is not performing satisfactorily.

Before the increases can be paid to employees, the Excecutive Committee of the Board of Regents must approve the pay plan assignments, which it is expected to do at a meeting in late November. Employees will receive letters informing them of their increase shortly after regent approval.