2.0% cost-of-living adjustment salary increase

Dear University Community:

I am pleased to inform you that on Tuesday, June 11, 2024, the Middle Tennessee State University Board of Trustees took formal action on my recommendation to approve a 2.0% cost-of-living adjustment (COLA) salary increase or $750.00, whichever is greater, for MTSU employees. The COLA will be distributed to all unrestricted and restricted regular full‐time and part‐time benefit-eligible employees and participants in the post‐retirement service program on the payroll as of June 30, 2023. Each eligible employee will receive an increase equal to 2.0% of their current salary or $750.00, whichever is greater. The minimum payment will be prorated for part‐time employees.

Increases for grant employees are part of the salary adjustments, and their increases will be charged to the appropriate grant, and increases for auxiliary employees will be funded from auxiliary revenues.

For administrative and clerical staff, all increases will be effective July 1, 2024 and will be reflected in the July 31, 2024 paycheck. Faculty increases will be effective August 1, 2024 and will be reflected in the August 31, 2024 paycheck. 

Based on the availability of funding from additional resources this fall, the University may recommend additional salary increases. Please know how much I value each of you and appreciate your good work. I am pleased that our Board was in agreement and that we are able to give these salary increases to our employees.

Sincerely,

Sidney A. McPhee
President

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