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Stipends and equity adjustments

Equity adjustments


  • An equity adjustment is a base-building increase which may be awarded in the following situations:

    • When a newly hired employee's salary exceeds that of a current career employee by more than 5%, if both are in the same classification and department, and if the new employee has less or comparable relevant experience, or

    • when there is a salary inequity between a supervisor and the employees supervised.

  • Equity adjustments are not granted for the addition of new duties to an employee's position. Such cases should be handled through the classification review process.

Managers can request stipends and equity adjustments using the form found at www.ucdmc.ucdavis.edu/hr/hrdepts/Forms/forms.htm.

Stipends

  • Stipends are temporary, non-base-building sums of money (i.e., not permanently added to the base salary) awarded in the following instances:

    • To employees who are temporarily assigned responsibilities of a higher-level position (also known as an "acting appointment"), or

    • To employees who are temporarily assigned higher-level duties which, if permanent, would result in an upward reclassification.

  • The relevant collective bargaining agreement may govern the duration and amount of a stipend.


  • Stipends are not granted while a classification review is pending or underway.