Overall Rating	Gold - expired
Overall Score	83.20
Liaison	Maddie LoDico
Submission Date	Nov. 5, 2018
Executive Letter	Download

STARS v2.1

Colby College
PA-11: Employee Compensation

Status	Score	Responsible Party
	1.79 / 3.00	Mark Crosby Director of Human Resources, Safety & Risk Management Human Resources

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Part 1

The local living wage (based on a family of four and expressed as an hourly wage):

15.02 US/Canadian $

Percentage of all employees (regular full-time, regular part-time, and temporary workers) that receive a living wage (benefits excluded):

94.68

Part 2

Does the institution have employees of contractors that work on-site as part of regular and ongoing campus operations?:

Yes

Percentage of employees of contractors that work on-site as part of regular and ongoing campus operations that the institution has verified as receiving a living wage (benefits excluded) (0-100; enter ‘0’ if unknown):

17.50

Part 3

The total compensation provided to the institution’s lowest paid regular (i.e., permanent) employee or pay grade meets or exceeds what percentage of the living wage?:

175 percent

A brief description of the minimum total compensation provided to the institution’s lowest paid employee or pay grade, including any in-kind benefits included as part of the total compensation figure :

Colby provides a comprehensive benefits package in addition to starting wages well above the living wage. The College’s benefits include FICA, health insurance, workers’ compensation insurance, basic life insurance, long-term disability, employee assistance program and administrative fees related to flexible spending accounts, and for full-time, continuing employees there is a tuition reimbursement benefit, as well as a dependent tuition benefit that pays up to 38.1% of Colby's comprehensive fee. After 2 years of service, the College contributes 8% of annual wages to the employee’s retirement account. Employees also have use of college facilities such as the fitness center and library.

Optional Fields

Has the institution made a formal commitment to pay a living wage?:

A copy or brief description of the institution’s written policy stating its commitment to a living wage:

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Has the institution made a formal commitment to provide a living wage to its student employees and/or graduate teaching/research assistants (e.g. by adopting a student bill-of-rights)?:

A brief description of the institution’s commitment to a student living wage:

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The website URL where information about the programs or initiatives is available:

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Additional documentation to support the submission:

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Data source(s) and notes about the submission:

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