The academic year salary of a full-time member of the faculty who teaches in a school’s regular fall and spring terms (i.e., a nine-month appointment), as well as a full-time faculty member in the Robert I. Grossman School of Medicine, Long Island School of Medicine, College of Dentistry, and Rory Meyers College of Nursing who serves a longer academic year, normally is paid monthly in equal installments over twelve months.
In addition to the academic year salary, faculty members appointed on a nine-month basis may receive up to three additional months of summer compensation from NYU sources and NYU-administered external sources combined.
Summer compensation from NYU sources is typically for teaching and/or administrative duties during the summer session, up to a total of three-ninths of the nine-month academic year base salary.
Summer compensation from NYU-administered external sources is typically for sponsored research and training activities. All faculty salaries charged to sponsored programs must be calculated based on the Institutional Base Salary, which is calculated as the nine-month academic base salary plus additional compensation from NYU sources for certain services during the academic year - principally administrative duties such as decanal or chair responsibilities - which typically are fixed in advance by the appointment letter or subsequent formal agreement. For faculty appointed on a nine-month basis, NYU’s policy1 is to permit a maximum of 95% of one-ninth of Institutional Base Salary to be charged to a sponsor in any given month, including summer.
Payment for summer duties is normally made on one or more of the following dates, depending on the duration of the assignment: July 1, August 1, September 1.
In compliance with New York State Labor Law 195, at the time of hire NYU provides all new employees in New York (including faculty) with written confirmation of their salary, as well as pay schedules and pay frequency. The law requires that the employee sign the notice as acknowledgment of receipt.
Deductions from the salary check are made for applicable income and other taxes (e.g., retirement taxes) as specified by law; and for applicable annuity, group insurance, disability income protection plan, dental plan, hospitalization and surgical-medical insurance premiums, and other benefits in accordance with individual requirements. Eligibility for benefits varies based on a variety of factors, including whether the faculty member is employed on a full-time versus part-time basis, whether the employee’s benefits are dictated by a collective bargaining agreement, whether the employee is a temporary appointee, the country in which the faculty member is payrolled and/or performing services, and other factors.