Faculty members in the University of Hawaii system have overwhelmingly approved a new six-year contract, with 83 percent of those who cast ballots voting in its favor, the union announced today.
The move followed 15 months of negotiations that eventually broke down and triggered the university's president to unilaterally impose a 6.7-percent pay cut for faculty members to deal with the system's budget shortfall.
Under the new contract, that pay cut will stand for the next 18 months, but salaries will begin to snap back to pre-reduction levels in 2011, according to a statement from the union, the University of Hawaii Professional Assembly.
The deal also includes three lump-sum payments over three years, beginning in 2012, to make up for lost salary money, and 3-percent raises in 2013 and 2014.
The contract covers roughly 3,500 faculty members.