Salaries and Payroll

All salaries and any annual increments to them are established and voted by the Board of Trustees, usually at their April meeting, upon the recommendation of the President, in consultation with the Dean of the Faculty and the Treasurer. 1. Payroll. The fiscal year of Amherst College runs from July 1 to June 30th. Annual faculty salaries are for nine months' work but are paid in twelve equal installments on the last day of each month, July 31st through June 30th, inclusive.

Salaries and Fringe Benefits

All salary, fringe benefits and College service policies are determined by the Board of Trustees on the recommendations of the President, the Dean of the Faculty and the Treasurer. In making their recommendations, which are always subject to budgetary constraints and changes in state and federal legislation, these officers of the College regularly consult relevant national survey data, to ensure competitiveness, and consider matters of internal equity.

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