May 14, 2024  
Faculty Handbook 
    
Faculty Handbook

External Fiscal Compensation


Private Practice and Consultation

A higher-education faculty (instructional or research) member who enters into private practice, private consulting, additional teaching or research, or other activity for which additional compensation is received during the faculty member’s contract period, and excepting as next provided, will not contract to devote more than four days per month on such activity if said activity requires the faculty member’s absence from duties. Such consultation and related activity privileges shall be cumulative to a maximum of six days, with all accumulated time to terminate with the end of the faculty member’s contract period. The activity for which the individual is released must be substantially and significantly related to assigned duties. Such activity must promote state and local economic development or must benefit the professional discipline and development of the individual, all as shall be determined by the institutional chief executive officer under such guidelines and restrictions as are established from time to time by the Board. See SD Board Policy 4:19.

Conflict of Interest

Policies of the Board of Regents provide guidance to employees of the regental system on conflicts of interest. See SD Board Policy 4:32:1 (Public Health Service Investigatory Financial Disclosure), SD Board Policy 4:35 (Conflict of Interest) with General Guidance Pertaining to the Conflict of Interest, and SD Board Policy 4:42 Section B (Academic Misconduct).