The faculty salary policy reflects the goal of the College to reach AAUP's Level I compensation for IIB colleges. The RC faculty is entitled to a salary scale commensurate with the high quality of teaching, scholarship, and service traditional to the College.
The Dean or President shall inform the faculty each spring of the percentage pool approved by the Trustees and the minimum percentage increase that will be accorded each member of the regular full-time faculty before individual salary determinations are made.
All salary increases reflect the Administration's recognition that the faculty as a whole offers dedicated service of a high quality to the College. Thus, in a real sense, all salary increases may be considered merit increases.
At the same time, the Administration recognizes that there are distinctions among faculty contributions.
1. Adjustments. Adjustments for groups and individuals will be based on such considerations as the need to remain competitive at entry levels, to correct inequitable "drifts," or to move an entire rank or portion of a rank more rapidly toward a goal.
2. Merit and Promotion. Extra merit increases will be allocated by the President and Dean of the College to faculty members who demonstrate excellent teaching, scholarship, and service in a combination appropriate for the mission of RC. The major criterion is excellent teaching. The two lesser but important criteria are excellent scholarship and service.
Salaries for full-time faculty are paid on the 25th of each month for the full year beginning in July. If the 25th falls on a weekend or a holiday, paychecks will be distributed on the last work day before the 25th.
Part-time faculty members will be paid five times each semester on the 25th of the month, August through December for the first semester and January through May for the second semester. Part-time faculty will be paid each semester based on that semester's course load. Faculty with uneven course loads during the year (more or fewer courses in a particular semester) will be paid as the courses are taught -- not equally over the entire year.