Following the ratification of the most recent Memorandum of Settlement for Faculty, Librarians, and Veterinarians, the salary floors and salary increments have been increased as described below.
Salary floors
The salary floor for Faculty and Veterinarian Members:
Rank | 2023/24 | 2024/25 | 2025/26 | 2026//27 |
---|---|---|---|---|
Professor or Veterinarian | $107,650 | $118,388.09 | $122,531.67 | $126,207.62 |
Associate Professor or Associate Veterinarian | $98,870 | $108,732.28 | $112,537.91 | $115,914.05 |
Assistant Professor or Assistant Veterinarian | $93,506 | $102,833.22 | $106,432.39 | $109,625.36 |
The salary floor for Librarian Members:
Rank | 2023/2024 | 2024/2025 | 2025/2026 | 2026/2027 |
---|---|---|---|---|
Librarian | $90,739 | $99,790.22 | $103,282.87 | $106,381.36 |
Associate Librarian | $81,072 | $89,158.93 | $92,279.49 | $95,047.88 |
Assistant Librarian | $75,168 | $82,666.01 | 85,559.32 | $88,126.10 |
Cost of living increase
Prior to the application of any salary increase (including Annual Career Increments and any applicable Performance Increase), the base salary of each Member will be increased as follows:
- July 1, 2024: 3.75%
- July 1, 2025: 3.50%
- July 1, 2026: 3.00%
Annual career increment
For Members who have received a performance rating of above “Unsatisfactory”, the base salary shall be increased as follows:
- July 1, 2024: $2,950
- July 1, 2025: $3,000
- July 1, 2026: $3,050
Performance increments
Each year, a performance increment pool shall be established by multiplying the total number of all Members by the applicable value below:
- July 1, 2024: $1,100
- July 1, 2025: $1,100
- July 1, 2026: $1,100
Members will be awarded a one-time lump sum based on performance evaluations on July 1.
Related links
For more details, see Article 53 – Compensation of the Collective Agreement.