Adjustments to financial benefits and contributions with effect from 1 January 2011
In accordance with recommendations made by the Finance Committee and decisions taken by Council in December 2010, certain financial benefits and contributions impacting salaries and stipends have been adjusted with effect from 1 January 2011.1) Annual adjustments
- An increase of 0.35% to the scale of basic salaries paid to Staff Members and the scale of stipends paid to Fellows (Annexes R A 5 and R A 6 of the Staff Regulations).
- No adjustments to the subsistence allowances of Paid Associates and Students (Annex R A 7 of the Staff Regulations).
- No modifications to the following social benefits:
- Family, child and infant allowances (Annex R A 3 of the Staff Regulations)
- Payment ceilings of education fees (Annex R A 4 of the Staff Regulations).
- Adjustment of basic salaries:
- An increase of 1% for Career Path D.
- An increase of 2% for Career Paths E to G.
- Technical adjustment of the salary scale:
- For Career Paths F and G, adjustments of the step value by 1.37% and 1.36% respectively to ensure consistency over the basic scale.
- Adjustments to the full stipend for the Junior Fellowship Programme of -6% upon entry level (Ze.0) and -3% at the upper level (Ze.1) for those Fellows whose contract offer is made after 1 January 2011 (Annex R A 6 of the Staff Regulations). Current financial conditions for Fellows remain unchanged.
- In addition, adjustments of the Pension Fund member contribution rate to 11.33% and Health Insurance Scheme member rate to 4.27% have been introduced.
Below you will find full details of the Management’s proposals, approved by the Council, relating to:
Department Head Office
by HR Department