Faculty Contracts Jennifer Nall New Faculty Orientation.

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Presentation transcript:

Faculty Contracts Jennifer Nall New Faculty Orientation

Faculty Contracts MUSC utilizes annual Faculty Appointment Contracts (FAC) – same format for faculty in each of the Colleges July 1 – June 30 For most new faculty, the offer letter serves as the faculty contract through June 30 of the first year of employment. Thereafter, each faculty member will receive a FAC from their department/division on an annual basis.

Faculty Contracts Typically prepared by departments and given to faculty in May/June for review and signature. Set forth the total anticipated compensation for the faculty member and outline duties, responsibilities and goals for the coming year. If there are disputes between a faculty member and his/her supervisor regarding the FAC, the Faculty Handbook contains the FAC Dispute Resolution Process (Section 8.11).

Faculty Contracts The FAC contains guidelines with respect to compensation tied to faculty rank – this is referred to as “Part A” of the FAC compensation section: – Assistant Professor, $60,000 – Associate Professor, $80,000 – Professor, $90,000 Rank compensation applies only to faculty with “regular” faculty appointments, not to faculty with “modified” or “special” faculty rank appointments. Any source of funding may be used for the rank compensation component of a faculty member’s salary. Any potential compensation that exceeds “rank compensation” is included in “Part B” of the FAC compensation section as “Additional Compensation”. This amount can vary from year to year.