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(1) The University of Newcastle is committed to attracting and retaining exceptional (2) Market loadings may be initiated as part of a recruitment and appointment process or to retain existing (3) This policy should be considered in conjunction with the (4) The (5) The (6) The use of market loadings will generally be associated with: (7) Market loadings will be subject to review, initially after two (2) years from commencement and then annually. Continuation of the loading will be subject to the review demonstrating: (8) The initial two (2) year review period does not negate the necessity for an annual performance review as part of the Performance Review and Development cycle. (9) In exceptional circumstances, market loadings may be approved as an ongoing commitment entered into as part of the recruitment negotiation process. In this instance the loading will be a superannuable loading. (10) Where the loading is not ongoing in nature, it will be paid as a non-superannuable loading and is determined as a percentage of a (11) Market loadings are a (12) A determination of exceptional performance for (13) Exceptional achievement in teaching will entail evidence of at least two of the following: (14) Exceptional achievement in research will entail one or more of the following: (15) Up to and including Level C - exceptional achievement in their discipline in comparison with their peers nationally, as evidenced by: (16) Levels D and E - exceptional achievement in their discipline in comparison with their peers internationally, as evidenced by: (17) Exceptional academic leadership within the discipline, (18) A determination of exceptional performance for professional (19) Exceptional leadership within and beyond the professional field being clearly demonstrated within the (20) Exceptional achievement in an area of professional or technical (21) Significant contribution to the (22) A determination of exceptional performance for teachers will be based on the following criteria: (23) The market loading must be initially approved by the Vice-Chancellor, or Deputy Vice-Chancellor (Academic) and Vice President, or Deputy Vice-Chancellor (Research and Innovation), or Chief Operating Officer (COO) with at least a 'two-up' manager approval required. (24) The approval decision is to be based on advice from the relevant Pro Vice-Chancellor or Director as well as Human Resource Services. (25) Subsequent extensions of the market loading may be approved by the respective Pro Vice-Chancellor, or the Chief People and Culture Officer. (26) Each Pro Vice-Chancellor and Divisional Head is responsible for establishing a process within their Market Loadings Policy
Section 1 - Introduction
Section 2 - Policy Intent
Section 3 - Policy Principles
Section 4 - Academic Staff
Learning and Teaching
Research and Innovation
Service and Engagement
Top of PageSection 5 - Professional Staff
Leadership
Professional/Technical Specialisation
University Contribution - In Excess of Role Expectations
Section 6 - Teaching Staff
Top of PageSection 7 - Approvals
Section 8 - Roles and Responsibilities