Starting in FY23, any new T/TT hire will have their startup package supplemented by the following:
The Dean’s Office will cover 80% of the total startup package (and may be provided funding directly from the Provost and VPR as applicable)
The Department will be responsible for 20% of the total startup package regardless of any additional funding provided in note #1
If a hire is split between two departments (and one department is an institute – please contact Melissa/Michelle/Kane to determine if any contribution from the institute needs to take place as the primary responsibility will likely remain with the academic department)
Departments can pay for these funds from any source (2L or 4L), we prefer 4L and should
If a department wants to use their TEMP labor remaining funds, staff should talk to the senior financial staff to review – but this is not something we are recommending
Departments can pay for funds upfront, within a year, or over multiple years (up to five years max)
If a unit is unable to meet the payment timeline we need to know asap so a plan can be developed and approved.
Any packages related to department heads/directors will be funded entirely through the Dean’s Office
Any funds that remain in startup account (regardless if the faculty member left or if the account expired) will be returned as applicable to the department based on the split/funding provided by the department (eg. 20% of the startup was funding by the department, if $1,000 remains, 20% will be returned to the department). This is contingent on if there was funding that should also be returned to OVPR/Provost depending on if they contributed at all – can contact Kane/Melissa/Melissa for this as well as review the Provost Commitment sheet in Sharepoint.
**Any commitments prior to FY23 will remain as they are.