Category: Annual Lump Sum

Interpreting the Recent Interest Arbitration Award

The Faculty Association and the University were in interest arbitration in the middle of February, because the parties had not been able to reach agreement on an appropriate salary increase for the period 2014-2016. The Association relied on Article 11.02e of the Collective Agreement to argue that a general wage increase (GWI) of 3% and 3% was in order. The University relied on the provincial government’s Public Sector Employer Council (PSEC) mandate to make its arguments for its position of a GWI of 0% and 0.9%.

History Behind Annual “Lump-sum Payment,” Part II

In our previous blog we discussed how contingent productivity payments instituted in the 2004/06 bargaining round disappeared in the 2010/12 bargaining round. There were two such payments, one predicated on fundraising, which was converted into the annual lump-sum payment, and one predicated on Tri-Council research grants. The question remains, what happened to the contingent “research grant” productivity payments? These were payments, equal to 1% of “regular salary” that would be made in a lump sum at the end of the contract year, contingent on Tri-Council grant funding exceeding the preceding year’s by a certain amount.

History Behind Annual “Lump-sum Payment,” Part I

Members who have joined UBC within the past ten years may wonder about Part 2, Article 5 (Lump Sum Payment) of the Collective Agreement, which states that on June 30 of each year all members will be paid a lump-sum amount equal to 1% of their “regular salary.” In other words, a small percentage of our annual salary compensation is “held back” from our bi-monthly paycheques and paid out in a lump sum at the end of the contract year. How did we come to such an unusual arrangement?