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September 2000 Merit Pool Report
Faculty Senate Meeting, September 18, 2000

From the Faculty Senate Budget Committee based on information provided by Ray Hamilton of the Office of Budget and Finance.

$2,031,000	3% salary pool
-$223,095	for faculty promotions
-$340,500	for cumulative review raises
-$293,000	for salary counter offers
=$1,174,405	for distribution to colleges
+$31,737	addition to pool in finalizing
=$1,206,142	final distribution to colleges

College shares of this pool were done based on a merit/market formula which takes into consideration the salary levels of each college relative to THEC averages. Within the colleges, the top 1/3 of faculty were to receive 2/3 of the merit pool, the middle 1/3 were to receive 1/3 of the merit pool and the lower 1/3 of the faculty were to receive none of the merit pool.

Below is a table showing the distribution of funds to each college. The "THEC ADJUSTED" column represents the FY 1999-2000 amount needed to bring UT college salaries up to the average of those of the THEC peer institutions for UT.

THEC ADJUSTED	College	Number of Faculty		Pool Distribution
234,782	Agriculture	38		$29,439
158,942	Architecture	25		19,929
4,239,303	Arts & Sciences	529		531,558
1,486,553	Business Administration	88		186,396
214,510	Communications	28		26,897
508,326	Education	77		63,738
1,511,754	Engineering	120		189,556
475,669	Human Ecology	53		59,643
182,591	Law	25		22,895
249,554	Nursing	30		31,291
33,620	Information Sciences	11		6,400
58,732	Social Work	28		16,500
11,830	Library	43		21,900
9,366,166		1,095		$1,206,142