05/04/2012

IPS Staff,

As you are aware, the Tennessee General Assembly passed a budget and adjourned its session earlier this week. Thanks to the efforts of UT President Dr. Joe DiPietro and everyone who supports the UT system, we received some good news in this year’s budget.

The IPS budget includes an overall increase of $475,400 (5.62 percent) in recurring appropriation, and a one-time, non-recurring appropriation of $500,000. The recurring appropriation includes funding for increases in benefit costs and a 2.5 percent across-the-board salary increase for those employees funded by unrestricted funds (E accounts). We must self-funded increases for employees on restricted accounts. The non-recurring appropriation is directed to LEIC.

IPS has drafted a proposed salary plan in accordance with UT system guidelines for distributing a 5 percent salary pool effective July 1, 2012. The plan must be reviewed by the UT President and approved by the UT Board of Trustees at its June meeting before it is finalized.

Highlights of the plan include:

(1) A 2.5 percent across-the-board salary increase for all full-time and part-time (pro-rated increase) regular staff who averaged at least 3.0 on their latest annual performance review ($1,000 minimum increase);
(2) A 2.5 percent merit, market, and equity pool

As we receive more information about the budget, we will get it to you. Thanks for all you do, these salary increases are well-deserved.

Mary


Mary H. Jinks
Vice President
Institute for Public Service
The University of Tennessee
Suite 105 Student Services Bldg.
Knoxville, TN 37996-0213

Mary.jinks@tennessee.edu
865-974-8278

www.ips.tennessee.edu