Word: incrementalism
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Dates: during 1990-1999
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...Some departments this year may see an increment less high than they had hoped," Knowles said...
Knowles wrote that after the reduction of faculty pension contributions by one percent he "provided a bonus of one percent to the salaries of all faculty under forty for [fiscal year 1996], with an exhortation that this be used to replace the lost pension increment...
...While we are pleased with the 2.8 percent margin, we don't believe it is sustainable over time," he wrote. "A more realistic long-term aspiration relative to the Policy Portfolio would be an increment of about 1 percent per year...