Full time faculty selecting the 9 month payment option will be compensated according to the payment schedule below.
Month | Payment Calculation | Example: $45,000 base salary |
August | 1/2 of 1/9th payment | $45,000/9 = $5,000/2 = $2,500 |
September | 1/9th payment | $45,000/9=$5,000 |
October | 1/9th payment | $45,000/9=$5,000 |
November | 1/9th payment | $45,000/9=$5,000 |
December | 1/9th payment | $45,000/9=$5,000 |
January | 1/9th payment | $45,000/9=$5,000 |
February | 1/9th payment | $45,000/9=$5,000 |
March | 1/9th payment | $45,000/9=$5,000 |
April | 1/9th payment | $45,000/9=$5,000 |
May | 1/2 of 1/9th payment | $45,000/9 = $5,000/2 = $2,500 |
Full time faculty selecting the 12 month payment option will be compensated according to the payment schedule below.
Month | Payment Calculation | Example: $45,000 base salary |
August | 1/12th payment | $45,000/12 = $3,750 |
September | 1/12th payment | $45,000/12 = $3,750 |
October | 1/12th payment | $45,000/12 = $3,750 |
November | 1/12th payment | $45,000/12 = $3,750 |
December | 1/12th payment | $45,000/12 = $3,750 |
January | 1/12th payment | $45,000/12 = $3,750 |
February | 1/12th payment | $45,000/12 = $3,750 |
March | 1/12th payment | $45,000/12 = $3,750 |
April | 1/12th payment | $45,000/12 = $3,750 |
May | 1/12th payment | $45,000/12 = $3,750 |
June | 1/12th payment | $45,000/12 = $3,750 |
July | 1/12th payment | $45,000/12 = $3,750 |