Faculty Bonuses
A "bonus" is a one-time payment, separate from annual increases, mid-year base salary increases, administrative supplements, or overload payments. The IUPUI Faculty Guide (p. 60) provides a description of the policy requirements for bonuses; units also need to determine their own fiscal situations.
The essential elements are:
- Only full-time faculty are eligible.
- There must be a school-level policy in place, approved by the school's faculty governance mechanisms.
- This policy must be filed with and approved by the Office of Academic Affairs and Finance and Administration.
- There is a limit of 10% of one's base salary on bonuses; bonuses over 8% require FIAD approval.
For questions, contact Faculty Affairs at ude[dot]iupui[at]rhdaca or the Vice Chancellor for Finance and Administration at ude[dot]iupui[at]daifcv.
Reviewed and revised: 7/2023.