Office of Planning & Budgeting

Compensation

Salary and Benefit Rates – General Information

FY24 Compensation Changes

On May 1, 2023, the Executive Office of the President and Provost sent FY24 merit authorization memos to Deans, Chancellors, Vice Presidents, and Vice Provosts. As noted within the memos, this authorization was contingent upon the Board of Regents adopting the FY24 operating budget during their June 2023 meeting. On June 8, 2023, the Board of Regents approved the Fiscal Year 2024 Operating Budget which included approval of the FY24 salary plan as outlined in the merit authorization memos:

Please review the FY24 merit and unit adjustment process guide located here.