Institutional Base Salary (IBS)

Glossary Term:

Institutional Base Salary (IBS)

Definition

The annual compensation the University pays for activities performed (including, as applicable, research, teaching, and clinical practice) as part of an employee’s University appointment(s). Specifically includes regular salary, endowed chair or professorship stipends, and paid professional leave (sabbatical, vacation, and sick leave—not including sick leave payouts when departing from the University).