MEMORANDUM OF UNDERSTANDING

- Between -

THE BOARD OF GOVERNORS ON BEHALF OF TRENT UNIVERSITY
(hereinafter referred to as "the University")

- And -

THE TRENT UNIVERSITY FACULTY ASSOCIATION
(hereinafter referred to as "the Association")

WHEREAS the Association and the University ("the parties") have agreed to a process to establish and maintain salary parity in a Memorandum of Understanding signed on January 18, 2001;

AND WHEREAS the Memorandum of Understanding signed on January 18, 2001, established the process for adjusting salaries for 2000-2001 to maintain parity;

AND WHEREAS the parties have reviewed the statistical analysis and agree on the results of the parity calculations;

THEREFORE, the parties now confirm that the salary adjustment for 2000-2001 shall be as follows:

1. The Disparity Correction percentage for 2000-2001 is 1.33% (see Table 1 attached).

    

2. The Parity Maintenance percentage for 2000-2001 is 1.66% (see Table 2 attached).

    

3. The salaries of all members of the bargaining unit shall be increased by 2.99%, effective 23:59 Hours on June 30, 2001; the increases shall be paid in July, 2001; and the salary scales in Schedule A of the Collective Agreement shall be amended accordingly.

    

Dated at the City of Peterborough this 11 day of June, 2001.

TABLE 1

Trent/System Disparity on the Basis of 1999-2000 Data

Table 2

System Average Adjustment 2000-2001

Schedule A and Schedule AA
of the 1999-2002 Collective Agreement.