29/08/2024 | News release | Distributed by Public on 30/08/2024 23:19
After a daylong bargaining session with the state-appointed mediator, OU offered the faculty union its best offer, including more than 16% in salary increases over five years.
The package also accepted the union's proposal on workloads, doubled the retirement stipend for part-time special lecturers, and increased funding for promotions, travel and research fellowships.
All told, the offer includes more than a 21% increase in overall compensation over the life of the proposed five-year deal and reflects what OU believes is the best package it can offer without incurring systemic deficits moving forward. More details can be found here - OU Package Best Offer.
The faculty union said they needed time to consider the offer. The two sides agreed to extend the current contract until Tuesday, Sept. 3, the next day the mediator is available. But OU made clear to the union it is available to meet prior to that if the union has a response reflecting the University's economic realities.
Visit OU's faculty negotiations web page for updates from the university's leadership team.
Visit the AAUP web page for bargaining diary updates from the union leadership team.