History
RIT AAUP PAST ACHIEVEMENTS
One Example of AAUP @ RIT History
On February 27, 1992, The RIT Faculty Council approved funds to seek
the services of Prof. Richard Weber based on a request made by the Salary & Benefits
Committee of Faculty Council. Prof. Weber was recommended by the AAUP-RIT
chapter. Dr. Weber was at the time professor of economics/finance at
Monmount College in New Jersey. His report was partially funded by a
grant from AAUP-CBC, Washington, DC.
Prof. Weber provided the RIT Faculty Council with an independent analysis
of financial statements of RIT for academic years 1987-1991. His report
was like a “Roseta Stone” that was used to demistify the
accounting procedures followed by RIT. It provided the faculty with a
better understanding of the actual financial health of the university.
This information was used during the dialog between Faculty Council committees
and the first Compendation Advisory Committee (CAC) created to address
the funding of the future liability of health insurance premiums and
the benchmarking of faculty salaries with comparable institutions.
Submit additional historical milestones that you recall.
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