July 26, 2008
Hoping to boost morale and stem the exodus of top professors, Florida's largest public university will set aside more than $11-million in tuition revenue for faculty merit raises and staffer cost-of-living increases.
University of Florida president Bernie Machen called the merit plan, announced Friday, an "attempt to stem the brain drain" of professors who are leaving for jobs in states where the support for higher education is more stable.
Under the plan, UF's more than 8,300 staffers will get cost-of-living raises of 2 percent or $600, whichever is greater, starting with their Sept. 19 paychecks. The pool of money available for faculty merit raises will be expanded by 3 percent, and deans will decide how to dole out the money. That means some of UF's 5,285 faculty members could get raises of more than 3 percent, while others could get less.
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