California State University has agreed to a salary increase for its faculty, after negotiations with the California Faculty Association, which represents the university’s lecturers, librarians, counselors and coaches.

The annual compensation pool for faculty will be increased by $19,234,400 retroactive on July 1, according to a memorandum signed by the university and faculty union Aug. 26. Salary increases shall be applied evenly for full-time faculty and proportionally for part-time faculty, according to the faculty member’s rate of employment.

The CSU was willing to provide a salary increase for faculty since the appropriation from this year’s state budget was projected to be greater than in recent years, said CSU Director of Media Relations and New Media Mike Uhlenkamp said.

The CSU still has to negotiate with 12 parties representing other employees of the CSU, Uhlenkamp said.