Flexible options offer choice in how your salary is distributed during the academic year. Each spring, tenured and tenure-track faculty have the opportunity to review and change their pay schedule election through a new tile on the HR Self Service website. The election site is open for approximately three weeks, in which time faculty may make as many changes as they wish. However, once the election period ends, faculty are locked into their selected pay schedule and are unable to make any changes until the following year. Tenured and tenure-track faculty who do not submit an election during this period will automatically default to their existing pay schedule. For example, faculty who previously selected a 12-month pay schedule (paychecks from July through June), will continue to receive their pay over 12 months unless a new election is made. An email notification is sent to all eligible tenured and tenure-track faculty when the pay schedule site opens for an academic year. Eligibility by Rank Tenured/Tenure-track Faculty All Assistant Professors, Associate Professors, and full Professors are eligible to elect their pay schedules. Newly appointed or rehired tenured/tenure-track faculty in their first year will have the option to choose from a 9-month schedule (pay from September through May) or a 10-month schedule (pay from September through June). After the first year, all three payment schedules will become available. Non Tenure-track Faculty Faculty holding the rank of University Lecturer, Professor of the Practice, Senior Lecturer, Lecturer, Lecturer w/ rank of Professor, Instructor and all visiting faculty are considered non tenure-track faculty. Pay schedules for faculty in these ranks are determined by their appointment status.First Year of AppointmentNon tenure-track faculty in their first year of appointment will receive their academic year salary over 10 months (September through June). Non-tenure-track faculty ranks continuing after the first academic year of appointment will receive their academic year salary over 12 months (July through June).Continuing after the First YearNon tenure-track faculty ranks continuing after the first academic year of appointment will receive their academic year salary over 12-months. Single-Term AppointmentsNon tenure-track faculty on single term appointments will be paid over the period that they are appointed:Fall term only appointments will receive 4.5 months of pay spread over 5 paychecks (September through January).Spring term only appointments will receive 4.5 months of pay spread over 5 paychecks (January through May).Appointment Dates & Pay SchedulesNew Hires and RehiresTime FrameStart DateEnd DatePay ScheduleAcademic YearSept. 1 (July 1, Aug. 1)July 110 months (Sept. through June)Fall OnlySept. 1 (July 1, Aug. 1)Jan. 164.5 months (Sept. through Jan.)Spring OnlyJan. 16July 14.5 months (Jan. through May)ReappointmentsTime FrameStart DateEnd DatePay ScheduleAcademic YearJuly 1July 112 months (July through June)Fall OnlyJuly 1Jan. 164.5 months (Sept. through Jan.) Non-Faculty Ranks All non-faculty ranks currently earning pay over 12 months will remain on the same schedule (ie. paid over 12 months). Pay Schedule Options Faculty may spread their academic year salary over 9, 10, or 12 months. It is important to note that the total amount of your academic year salary will not change, only the timing of disbursement. 9-Month Pay Schedule Faculty selecting a 9-month schedule will receive their academic year salary over the academic year (September through May). No payments during June, July and August. 10-Month Pay Schedule Faculty selecting a 10-month schedule will receive their academic year salary over 10 months (September through June). No payments during July and August. 12-Month Pay Schedule Faculty selecting a 12-month schedule will receive their academic year salary over 12 months (July through June). Summer Salary If you receive a summer salary, you may continue to do so regardless of the pay schedule chosen. Summer salary may be earned during the months of June, July and August. The maximum summer salary earning remains at 2.5 months, provided at least .5 months are earned from external sources. Benefits for Changing Faculty Pay Schedules There are key benefits for allowing changes to the faculty pay schedule, especially in regards to the 12-month schedule: Faculty can choose not to have potential pay gaps in the summer. Faculty can have a regular cash flow, facilitating easier personal budgeting. Faculty will have the ability to have benefit deductions withheld evenly throughout the year. Faculty who receive summer salary and choose the 9- or 10-month pay schedule will receive a smoother cash flow than if they choose the 12-month schedule. Please note that faculty who are on a one-semester leave will receive slightly different monthly pay amounts in the fall versus spring semester. Useful Resources Pay Schedule Election Process Pay Schedule Election Video Guide Pay Schedule Calculator with Summer Salary Faculty Leave/Partial Pay Worksheet Contacts General Inquiries: Office of the Dean of the Faculty, 609-258-3020 HR Benefits: HR Benefits Team, [email protected], 609-258-3302 Payroll: Payroll Services, [email protected], 609-258-3082 Princeton Mortgage Program: Dede Nissen, [email protected], 609-258-3123 Princeton Rental Housing, Housing & Real Estate Services, [email protected] Policies Summer Employment FAQs View a list of frequently asked questions.
