||F.S. 1001.64; 1012.855 FAC 6A-14.0262; .0247
||04/85 Revised 07/92
The Board recognizes that transfers from administrative status to faculty status by College administrators may be in the best interest of the institution. Therefore, upon recommendation by the President, and approval by the Board, the administrator may be reassigned to instructional duties and may receive a "reassignment compensation adjustment" according to the following formula.
Compensation Adjustment Formula
- The monthly difference between an administrator's salary and his/her monthly salary as a faculty member for the year in which the reassignment will take place is called the "base year monthly salary differential."
- First year as a faculty member: the appropriate monthly faculty salary plus two thirds (2/3) of the base year monthly salary differential will be the monthly compensation for the first year. The President will recommend the number of months in the contract.
- Second year as a faculty member: the appropriate monthly faculty salary for that year plus one third (1/3) the base year monthly salary differential will be the monthly compensation for that year.
- Third year as a faculty member: the appropriate faculty salary for that year will be paid.