Based On: Board Policy 3
Procedure Number: 2.42
Date Adopted/Revised: June 26, 2006; November 21, 2006; May 15, 2007; March 29, 2010; July 20, 2016
Professional and faculty employees who complete a degree above that which they now hold may receive a $2,000.00 increase in their base salary for the following fiscal year. The degree should be related to the position the employee now holds. Exceptions may occur when the employee has already reached the maximum allowed by State law. Salary adjustments will occur at the beginning of the fiscal year, July 1. All degrees completed after June 30th will be considered the next fiscal year. The increase in pay will not be automatic. Employees completing a degree have the responsibility of reporting this by March 1st and providing an official transcript to their supervisor. In the event an employee has not graduated by March 1st, but will by June 30th, the employee may submit an official letter from a Registrar or graduate office indicating all degree requirements have been met (with an effective date).