1 / 16

Staff Compensation Open Forum

Staff Compensation Open Forum. Hosted by Compensation Committee October 28, 2005. Agenda. Ground Rules Assumptions Compensation Committee’s Charge The Process Visioning Exercise Input and Discussion – Seven Questions. Ground Rules. We’re here to listen; not to present

rashad-gonzalez
Download Presentation

Staff Compensation Open Forum

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Staff Compensation Open Forum Hosted by Compensation Committee October 28, 2005

  2. Agenda • Ground Rules • Assumptions • Compensation Committee’s Charge • The Process • Visioning Exercise • Input and Discussion – Seven Questions

  3. Ground Rules • We’re here to listen; not to present • Primary topic: Compensation System for Salaries (not benefits) • Not here to address the 1% reallocation • Look at the “big picture” first; specifics last • BE RESPECTFUL OF OTHERS • Turn off cell phones – Thank you

  4. Assumptions • Implementation in 2006-07 or beyond • New compensation system may address: • Cost of Living • Market Equity • Merit Pay • The salary pool is not going to greatly expand in the near future • Ongoing costs require ongoing sources

  5. Assumptions (cont.) • We’re dealing with classified and unclassified staff positions • This is a very complex issue • There will be a change in the system • Human nature is to fear the unknown • Current system is not perfect • No system is perfect

  6. Compensation Committee Charge • “Simply stated, your charge is to recommend a compensation system that includes merit and equity as primary considerations for salary increases. Specifically, I would like for the committee to consider these major questions: • To what degree should merit and equity be used in assigning salary increments? • What kind of evaluation system needs to be in place to accompany the move to a merit- and equity-based system? • What policy should be used for determining the salary for administrators' return to faculty? • How can the classified system (step and grade) be integrated into a move to a merit-based system? What would the process and timeline be for such a change?”

  7. The Process • Compensation Committee • Staff Compensation Subcommittee • Faculty Compensation Subcommittee • Review past analysis/recommendations • Consider input from open forums • Develop recommendations for . . . • Staff compensation system • Faculty compensation system

  8. Visioning Exercise • Relax . . . This won’t hurt a bit.

  9. Visioning Exercise • What did you see? • What did you hear? • What did you feel? • What are the characteristics of the compensation system you just imagined?

  10. Topic Question #1 • What should our ultimate goal be? . . . To get and keep most staff at market, pay exceptional performers above market, and pay sub-par performers below market?

  11. Topic Question #2 • Should the existing classified grade and step system be retained or eliminated?

  12. Topic Question #3 • If the new system includes a “Cost of Living” component, should it be a percentage or a fixed amount?

  13. Topic Question #4 • How should we address full-time staff who are barely earning a living wage?

  14. Topic Question #5 • What are the benefits and concerns about merit pay?

  15. Topic Question #6 • Who should evaluate your performance to determine merit pay?

  16. Topic Question #7 • Should merit increases be one-time or permanent (added to the base)?

More Related