The dynamic model ensuring effective contracts for academic and teaching staff

The results of the research presented in this article are within the framework of the research area engaged in development of basic provisions and methodologies for managing educational institutions and, in particular, working out methods and algorithms for financial analysis and educational and research management in universities. Drawing upon the per-capita normative financing methodology, which is currently used in Russia, as well as the structure of the existing and prospective educational standards and curricular, main provisions of strategic development plans for university structural subdivisions, the authors propose a dynamic financial and mathematical model of building salary funds for departments, institutes and university in general. The article specifically describes the methodology of financial support of effective medium-term contracts for academic and teaching staff. The practical implementation of this model will result in higher motivation of the staff and will ensure improvement in educational institutions performance. An effective contract contributes to better staff’s performance, their input in implementing strategies, programmes and projects for developing institutes, departments and university as a whole, which gives rise to the effectiveness of the whole educational institution. Besides, the developed dynamic financial and mathematical model makes it possible to offer methodology for planning financial support for implementing effective medium-term contract for academic and teaching staff. The methodology takes into account the specific features of educational process organization in the long-term, the incorporation of various disciplines in the curriculum, with possible curriculum changes during the planning period, the student contingent adjustment, and admissible integration of different student groups into academic shifts. In its turn, all this provides an educational institution with an opportunity of planning a long-term educational process with optimal parameters.