ROCHESTER HILLS, Mich. – Oakland University has put a new contract on the table for its faculty one week before students return to the classrooms.
The university has been sitting down with the American Association of University Professors (AAUP) since negotiations began in May.
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The offer includes more than 16% in salary increases over 5 years. The package also accepted the union’s proposal on workloads, doubled the retirement stipend for part-time special lecturers, and increased funding for promotions, travel and research fellowships.
It also includes more than a 21% increase in overall compensation over the life of the proposed 5-year deal and reflects what the university believes is the best package it can offer.
Breaking it down, OU’s offer included:
• Year 1: 4% merit pool, plus a one-time $1,000 lump sum payment
• Year 2: 2.25% merit pool, plus $500,000 in market adjustments (bringing the total salary proposal to 3.1% increase for that year)
• Year 3: 2.25% merit pool, plus $500,000 in market adjustments (bringing the total salary proposal to a 3.1% increase for that year)
• Year 4: 2.75% merit pool
• Year 5: 3% merit pool
The university says the union that represents more than 300 members is now considering the deal. The current contract has been extended until Sept. 3
Oakland University says they hoped to resolve the contract before Labor Day but is committed to reaching a goal before classes start on Sept. 4.