2010-11 Salary Increases
Later this month faculty and staff will receive letters indicating their salary for fiscal year 2010-11. The total salary pool will grow by approximately 2.1%. More than half of this will be used to fund general salary increases, which will range from 1% to 1.3%. The highest percentage is reserved for faculty and staff whose salaries are under $50,000. The remainder will be directed to employees who are promoted or reclassified, and used to address gaps between salaries and benchmarks to the extent possible.
While the economy and accompanying financial challenges prevent us from offering a more robust increase this year, we are pleased to be able to recognize your tireless efforts with a raise, even if it is smaller than we would like. Thank you for your hard work on behalf of Drew University!
Important Reminders
Dependent Children up to Age 26 (health care reform). Remember to add all children up to age 26 in Campus Web under My Family and Benefits. Include the name, relationship, gender, birth date and Social Security number of each child (up to age 26) who is not already listed. If you have any problems updating your record, please give us a call at x3515 or x3795.
Calendar of Events
Independence Day Observed
Monday, July 5 University Holiday
TIAA-CREF Individual Counseling Sessions (by appointment only*)
Wednesday, June 30 9:00 am – 5:00 pm University Commons, Room 207
Tuesday, July 13 9:00 am – 5:00 pm University Commons, Room 207
Thursday, July 29 9:00 am – 5:00 pm University Commons, Room 207
Wednesday, August 11 9:00 am – 5:00 pm University Commons, Room 207
Voluntary Retirement Program Meetings (by invitation only)
Tuesday, July 6 noon – 1:30 pm UC 10
Monday, July 19 3:00 – 4:30 pm UC 104
New Faculty and Staff Orientation:
Monday, July 12 3:00 pm – 5:00 pm Madison House, Room 104
*To schedule an appointment go to www.tiaa-cref.org or call 1-800-732-8353