The Youngstown State University Board of Trustees approved today a three-year contract with the university’s faculty union.
The union membership approved the pact last week.
“On behalf of the Board of Trustees, I want to thank the negotiating teams for both the faculty union and the administration for their efforts in developing this contract in difficult financial times,” Board Chair Carole Weimer said. “In particular, we want to recognize the administration’s chief negotiator, Kevin Reynolds, for his leadership in these negotiations.
“We have talented and dedicated faculty members here at YSU who work hard day after day to ensure the success of our students and the betterment of the university and community. They are at the core of all we do.”
The contract, which is retroactive to August 2014, includes pay freezes in the first year, followed by 1 percent and 2 percent salary increases in the second and third years, respectively. Also included are bonuses in years two and three, ranging from $500 to $2,000 based on academic rank. The increases are counterbalanced by the elimination of Extended Teaching Service, which provided a continuing teaching opportunity for retiring faculty at a premium rate for up to five years, and a reduction in summer pay, sabbatical pay and pay for web-based courses. Also included is a retirement incentive for faculty who retire prior to the 2016 academic year.
The elimination ETS and the reductions in compensation for web-based courses and summer pay will provide significant savings to the university during the term of this agreement and after.
“The contract strikes a balance between trying to provide modest increases in compensation and also allowing some avenues for long term cost savings,” Weimer said. “We look forward to working collaboratively with the faculty and all YSU employees as we continue to strive for what is best for our students – a strong financial future and a culture of academic excellence.”