Each year, generally on July 1, members of UBC's Faculty Association get a general wage increase and a lump sum payment. Some members my also get a retention pay increase.
Following are the general wage Increases for members of the bargaining unit effective each July 1:
- 2019: bargaining is underway, increase amounts unknown
- 2016, 2017 & 2018 July 1: 1.5% plus a Mutually Beneficial Gains Increase of 0.5%
- 2015 July 1: 2.0%
- 2014 July 1: 2.0%
- 2013 July 1: 2.4%
- 2012 July 1: 2.45%
- 2011 July 1: no GWI
- 2010 July 1: no GWI
- 2009 July 1: 2.0%, plus an Occupational Market Increase of 1.32%
- 2008 July 1: 2.0%, plus an Occupational Market Increase of 1.31%
Lump sum payments
A lump sum payment of 1% of salary is processed each year for bargaining unit members. This is as per Article 5 of Part 2 of the Collective Agreement.
For regular faculty members the lump sum is based on the annual salary as of June 30th and is processed on a June 30th paycheque.
For sessional lecturers the lump sum is based on earnings between July 1st of the previous year and and June 30th of the current year and is paid on the September 30th paycheque.
Retention pay increases
UBC may allocate funds for the purpose of dealing with the retention of faculty members in accordance with Article 15 of Part 1 of the collective agreement.