Market Related and Merit Loadings for Academic Staff 1.
All academic salaries are minimum rates salaries.
Other Australian universities and non-university employers are offering salaries and conditions which are significantly more attractive than those available within the ranges of the Award, both to individuals of exceptional merit and to staff in particular disciplines or parts of disciplines where it is difficult to attract and retain staff. Since 1988, the University has paid market-related salary loadings in some parts of the University, where there has been significant competition in recruiting and retaining staff. Some professors also have been paid a form of merit loading, originally known as a professorial margin, but more recently set as the next step in the three-step range of professorial salaries under the Award. That is, some professors in The Faculties, where the highest level for a professor is normally El, have been paid at level E2 and in the Institute of Advanced Studies, where the highest level is normally E2, have been paid at level E3. Consideration is being given to establishing, as part of the promotions process, a mechanism for promotion to Level E2 in The Faculties.