LTSB - The Salary Base (SB)
Each year the Administration and Faculty Association will negotiate an appropriate Salary Base in order to respond to changes in the general economic environment. This negotiation will involve reaching an agreement on the percentage by which the previous year’s Salary Base must be changed. The new Salary Base will then be used to calculate the salaries actually paid faculty at the University of Guelph.
The percent increase determined during the annual negotiations should not be less than .8 of the rate of inflation as measured by the monthly average annual increase in the Consumer Price Index for Canada for the previous calendar year.
On July 1st of each year, the final actual salary paid to each faculty member and librarian during the immediate past year (calculated on 30 June) will be increased by the percentage change in the negotiated Salary Base prior to the addition of any other earned increases.
Every three years the salary base will be examined by the Administration and Faculty Association to validate the results of annual negotiations. If the difference between the negotiated change in the Salary Base and the change in (CPI) fall outside a limit of + 10%, the Faculty Association and Administration will negotiate a solution by: 1) making a special adjustment to the Salary Base, or 2) accepting the difference as justified (such acceptance will require a joint report to faculty and librarians explaining the rationale). This examination would take place at the beginning of the annual salary and benefits negotiation sessions as outlined in the Special Plan Agreement. If after thirty calendar days, agreement has not been reached to adjust or accept the difference, the matter would be referred to mediation upon the request of either side.