Eduardo J. Padrón
President
Office of the President
300 N.E. Second Avenue
Miami, Florida 33132-2297
305-237-3316
epadron@mdc.edu
Message from the President
Wednesday, May 31, 2006
Board of Trustees Approves College Budget, Including Salary Enhancement for MDC Personnel
MDC has distinguished itself as one of the nation's leading higher education institutions for one simple reason: the dedication of its people. Today, the Board of Trustees rewarded that effort by approving salary enhancements for faculty as follows:
- 4 percent increase for all full-time faculty employed before May 15, 2006, up to the maximum of the established salary range;
- The Faculty Excellence Recognition Plan (FERP) also provides an additional 6 percent salary increase for full-time faculty in the Associate Professor and Associate Professor Senior ranks, up to the maximum of the salary range;
- Faculty salary range minimums and maximums increased by 4 percent; and
- Where calculated increases would otherwise exceed the maximum salary for the assigned salary range, salary will be increased to the salary maximum of the range, and fifty percent of any remaining calculated salary increase will be provided in the form of a one-time payment, to be distributed by November 1, 2006.
The above salary increases will take effect on August 21. Should you have questions on the above, please contact Human Resources.
Rewarding the dedication of our personnel remains a top priority for MDC. Thank you for all that you do.
Eduardo