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Release: June 13, 2002

University announces 3 percent salary increase for 2002-2003

The University of Iowa has announced a salary policy for 2002-2003 whose guidelines include a minimum average salary increase of 3 percent for faculty and non-union professional and scientific (P&S) staff.

A memo detailing the policy went out today to the University's deans, directors, and DEO's from Jon Whitmore, Provost, and Doug True, Vice President for Finance and University Services. At least 2.5 percent of the salary base should be distributed based on merit, the memo says, though departments must also address several other factors, including promotions, reclassifications, and other special needs. Administrators must follow the policy as they make salary decisions in their units, the memo says. The decisions are not final until the Board of Regents, State of Iowa approves them.

The policy, the memo says, is based on collective bargaining agreements, as well as appropriations to the General Education Fund and policies adopted by the legislature and the governor. The University's aspiration is to achieve a 3.5 to 4 percent raise for faculty and P&S staff across the campus, the memo states, and units are encouraged to fund these levels from other sources of funds where available.