We last reported on December 4 that we had reached agreement on the model for the NTTF internal adjustments for year 1 of the faculty equity increases. On December 11 the faculty equity workgroup met in an eight hour session and made significant progress on adopting a conceptual model that will provide equity adjustments based on external measures with a method created by our team that appropriately recognizes years of service at the University. The conceptual breakthrough was the agreement to use external comparisons as part of the definition of compression and inversion.
The teams will meet again December 15 for a full day session. We hope to finalize the methods for the TT adjustments, and then determine how to use those decisions as a guide for the adjustments for NTTF in years 2 and 3 of the contract.
Both teams are optimistic that we will reach agreement. This will end of being a statistically complicated methodology, and the workgroup will work together after completion to draft the communications that describe the process.