Summary of Benefit Changes
Important information for UAB faculty and staff
UAB leadership plans to implement a merit salary increase pool this year. Because of rising state retirement and healthcare costs, as well as uncertainties regarding state and federal budgets, certain changes to employee benefits will begin phasing in this summer.
"We are fortunate to have a comprehensive employee benefit program as part of our overall compensation strategy," said UAB President Ray L. Watts. "Rising costs of these programs and the desire to institute a merit salary increase in the upcoming budget year required us to make some fiscally responsible decisions. We have worked to phase in many of these benefit changes to minimize their immediate impact on our employees."
"We considered a variety of options and looked carefully at our benefits package in comparison with similar institutions," said UAB Vice President of Administration and Finance Richard Margison. "Our goal is to be able to reward employees' performance through annual salary program increases and keep our benefits structure extremely competitive."
The leadership team explored many fronts to identify opportunities to minimize the impact on employee benefits. For instance, a tuition increase, as well as increases in revenues and efficiencies, including those in clinical care, will help.
Vacation Days, Accruals and Terminal Pay
Family Medical Leave of Absence (FMLA)
Employees should direct questions regarding the policy changes to UAB Benefits: