We are writing to share with you the Fiscal Year (FY) 2024 salary guidelines that we received from the University System of Maryland (USM) for faculty and staff in Regular and Contingent II positions, together with UMBC's plan for implementing those guidelines.
While there are no changes to the structure for exempt staff salary positions, the USM Board of Regents will vote in June on a proposal to adjust the nonexempt salary structure in FY2024. Nonexempt employees whose pay falls below a new minimum of a pay range would receive a pay increase to the new minimum of the range. Any adjustment to the salary structure will be effective July 1, 2023.
Cost of Living Adjustment (COLA)
All Regular faculty and staff, Contingent II staff, and graduate assistants will receive a 2 percent COLA increase, effective July 1, 2023. Eligible employees must have been on the university payroll since June 30, 2023, to be eligible for the COLA.
A 2.5 percent merit pool, effective July 1, 2023, will be distributed to each division and applies to Regular faculty and staff and Contingent II staff. Merit increases will be based on a PMP overall rating of "effective" or better for the rating period of April 1, 2022, through March 31, 2023 (if a PMP was not submitted for an eligible employee for that period, the overall rating will be considered "effective").
Regular nonexempt staff must have completed original and/or promotional probation by June 30, 2023, to be eligible for the merit increase. Nonexempt staff on original and/or promotional probation will receive a 2.5 percent increase upon their successful completion of the probation period.
Regular exempt staff must have been in an eligible position prior to January 15, 2023, to be considered for a merit increase.
Contingent II staff must have been in an eligible position prior to January 1, 2023, (nonexempt staff) or January 15, 2023, (exempt staff) to be considered for a merit increase.
Regular faculty must have been hired prior to January 15, 2023, to be eligible for a merit increase.
For all divisions/colleges, there will be a consolidated pool. The merit pool for faculty will be distributed proportionally to the colleges and other academic units, and deans of the colleges will be responsible for the allocation of merit pay.
The minimum wage for all Maryland workers will increase to $15 per hour, effective January 1, 2024. However, UMBC will raise our minimum wage effective July 1, 2023.
If you have questions or need additional guidance, please consult your supervisor. Our continued thanks and appreciation to our entire community of faculty and staff for your ongoing dedication to UMBC.
Provost Philip Rous
Vice President for Administration and Finance Kathy L. Dettloff