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TBR approves APSU's proposed compensation plan

APSU President Sherry Hoppe returned from the September Tennessee Board of Regents (TBR) meeting with news of raises, bonuses and equity adjustments for APSU employees.

Austin Peay is the only TBR university that has chosen to allocate the full 3 percent allowed by TBR for equity. Allocations made by other universities were: East Tennessee State University (2.3 percent), Middle Tennessee State University (2.6 percent), Tennessee State University (0.0 percent), Tennessee Technological University (0.4 percent) and University of Memphis (1.0 percent).
APSU President Sherry Hoppe returned from the September Tennessee Board of Regents (TBR) meeting with news of raises, bonuses and equity adjustments for APSU employees.

Austin Peay is the only TBR university that has chosen to allocate the full 3 percent allowed by TBR for equity. Allocations made by other universities were: East Tennessee State University (2.3 percent), Middle Tennessee State University (2.6 percent), Tennessee State University (0.0 percent), Tennessee Technological University (0.4 percent) and University of Memphis (1.0 percent).

Because the University surpassed the 10 percent enrollment increase mark, the equity increases will be retroactive to July 1, 2004. Equity increases, including the retroactive portion of the equity adjustment, will appear in December's paychecks.

“Faculty and staff who not only have worked hard to achieve growth but also remained committed to quality instruction and service deserve the best salaries we can afford to pay,” says Hoppe.

The University's goal is to bring each employee up to a minimum percent of target within his or her Equal Employment Opportunity code classification.

Salary ranges were updated based on the most recent College and University Professional Association (CUPA-HR) data for faculty, professional and administrators. Clerical and support ranges were based on the most recent Tennessee Department of Labor Wage Analysis for the Clarksville-Hopkinsville Metropolitan Statistical Area (MSA).

Equity adjustments will affect 26 percent of APSU's administrative positions, 63 percent of faculty, 29 percent of professional staff and 63 percent of the clerical and support staff. More than 63 percent of the total equity funds were allotted for faculty.

Funds available for equity adjustments total $748,191.

Regular full-time and part-time employees on the payroll as of June 30, 2004, also have received a 3 percent across-the-board increase.

In addition, the state will provide a one-time bonus of $70 per year of service up to 25 years ($1,750) with a minimum bonus of $210 for all regular full-time and part-time employees on the payroll as of Aug. 31, 2004. The bonus will be paid in October 2004.

Another one-time bonus will arrive in December 2004. According to TBR guidelines, institutions could provide an additional 1 percent one-time bonus or up to $500 per employee, whichever was greater. APSU will provide this bonus to employees with at least one year of service as of Aug. 31, 2004. Employees with less than one year of service will receive $250.
—Rebecca Mackey