Faculty Incentive Plan
Overview
The Faculty Incentive Plan is a compensation enhancement designed for annually appointed, tenured, and tenure-track faculty members. The Faculty Incentive Plan is conducted in a two-year cycle and has two components, the High Impact Practices Plan ($1,000) and the Professional Development Plan (Level 1 $750 or Level 2 $1,500). Participation in the Faculty Incentive Plan is voluntary and faculty members can choose to participate or not participate in each component.
Timeline and Resources
The Faculty Incentive Plan (FIP) begins July 1, 2023 and ends on June 30, 2025 (two-year cycle conducted in odd years).
Please note that if you are newly eligible for the FIP as of Spring/Summer 2024, please reach out to your dean and Director for Faculty and Instructional Development to determine if an alternate set of dates/deadlines apply.
Starting: July 1, 2023
Faculty Incentive Plan (2023-2025 cycle) begins
Deadline: June 1, 2024
Last day for faculty member to submit the High Impact Practices Plan Proposal and/or Professional Development Plan in the Faculty Incentive Plan Tool.
If the plan is not selected or proposal is not submitted by June 1, the plan selection will default to 'I choose not to participate' and a proposal or plan can no longer be submitted for the current cycle.
Deadline: June 30, 2024
Dean review of High Impact Practice Plan Proposal and/or Professional Development Plan; First year of Faculty Incentive Plan cycle ends
Starting: July 1, 2024
Second year of Faculty Incentive Plan cycle begins
Deadline: June 1, 2025
Last day for faculty member submission of all documentation in the Faculty Incentive Plan Tool
Deadline: June 30, 2025
Dean approval of documentation and authorization of payment for the High Impact Practices Plan; Second year of Faculty Incentive Plan cycle ends
Deadline: First month of the academic year following the completion of the activities
Payment for completion of the Faculty Incentive Plan
Faculty Incentive Plan Requirements
Component: High Impact Practices (HIP) Plan
DESCRIPTION
For the purpose of this compensation enhancement, high impact practices shall be defined as additional work to improve Valencia's effectiveness as an institution, specifically through a faculty member's engagement in a deliberate, documented process of reflection, planning, action, and observation intended to improve student success. The high impact practices plan (HIP) is based upon the working theory that each individual becoming more effective in their practice makes us an institution more effective. Examples of high impact practices may include AAC&U's High Impact Practices, the Essential Competencies of a Valencia Educator, discipline-specific pedagogies, and practices named in the strategic plan, campus plans, or division plans.
The purpose of the High Impact Practices Plan is to recognize and reward faculty for their ongoing commitment to effective teaching and learning practices, continuous improvement, and student success.
REQUIREMENTS
Year One: Faculty members will submit a proposal that includes: project description, learning outcomes, appropriate methods, and alignment to high impact practices.
Year Two: Faculty members will submit implementation results, reflective critique, and any documents created during the process.
More InformationComponent: Professional Development (PD) Plan
DESCRIPTION
For the purpose of this compensation enhancement, professional development shall be defined as additional work to improve faculty knowledge, skills, and abilities that should lead to an increase in student learning or academic success. The purpose of the Professional Development Plan is to recognize and reward faculty for their ongoing commitment to their professional development, which is one component of practicing the art of lifelong learning.
REQUIREMENTS
Year One: Faculty members will submit a plan for development that includes: activity type, title, description, estimated date of completion, and alignment to one of four categories. These categories are Discipline Enrichment, Pedagogy, Scholarship of Teaching and Learning, and Other Professional Development Activities.
Year Two: Faculty members will submit evidence of completion of each activity, which may include one of the four forms of documentation: transcript of successful completion, action research project, statement of application to practice, and examples of application to practice.
PD PLAN LEVEL 1
- At least 3 different activities
- A minimum of 5 hours in Pedagogy
- A maximum of 5 hours in Other Professional Development.
- A minimum of 25 hours is required
PD PLAN LEVEL 2
- At least 6 different activities
- A minimum of 10 hours in Pedagogy
- A maximum of 10 hours in Other Professional Development.
- A minimum of 50 hours is required
Faculty Incentive Plan Tool Access
To access the Faculty Incentive Plan (FIP) tool, follow the steps listed below.
- Log in to Atlas
- Click on the Faculty tab
- Navigate to the Faculty Development Channel
- Click on the Faculty Incentive Plan tool link
- We'd like your feedback to help improve the Faculty Incentive Plan Tool. Please click here for our Faculty Incentive Plan Feedback Survey