Overall Rating | Gold - expired |
---|---|
Overall Score | 68.17 |
Liaison | Ian Johnson |
Submission Date | March 4, 2020 |
Colorado College
PA-12: Employee Compensation
Status | Score | Responsible Party |
---|---|---|
0.60 / 3.00 |
Pam
Butler Compensation Manager People & Workplace Culture |
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indicates that no data was submitted for this field
Part 1. Living wage for employees
16.88
US/Canadian $
Percentage of employees that receive a living wage (benefits excluded):
95
Part 2. Living wage for employees of contractors
Yes
A list or brief description of significant on-site contractors:
Bon Appetite food service and Sodexo Housekeeping
Percentage of employees of on-site contractors known to receive a living wage or be covered by collective bargaining agreements (i.e., union contracts):
11
Part 3. Minimum total compensation for employees
None of the above (i.e. the lowest paid regular employee or pay grade earns less than the living wage)
A brief description of the minimum total compensation provided to the institution’s lowest paid employee or pay grade:
The lowest paid regular employee is paid $12.81/hour + full benefits (the value of the benefits package is calculated at 30% benefits), making the total compensation for a 1.0 full time employee $16.65/hour or 98% of the living wage for a family of 4.
Optional Fields
Yes
A copy or brief description of the institution’s written policy stating its commitment to a living wage:
Colorado College determines pay for staff positions using applicable market studies.
Colorado College strives to provide a high-quality liberal arts education to a diverse community of students. Achieving this mission requires an equally diverse group of highly qualified employees who are rewarded and recognized for their contributions. Therefore, the College supports a compensation program that:
Is aligned with the College’s mission, is administered in a financially sustainable manner, and is in compliance with all applicable legal requirements.
Provides compensation that is competitive within appropriate labor markets and takes into account living wage principles.
Promotes performance excellence and encourages career development and advancement by rewarding achievements and outcomes.
Administers compensation in a fair and flexible manner.
Values campus and community engagement and work/life balance.
Colorado College strives to provide a high-quality liberal arts education to a diverse community of students. Achieving this mission requires an equally diverse group of highly qualified employees who are rewarded and recognized for their contributions. Therefore, the College supports a compensation program that:
Is aligned with the College’s mission, is administered in a financially sustainable manner, and is in compliance with all applicable legal requirements.
Provides compensation that is competitive within appropriate labor markets and takes into account living wage principles.
Promotes performance excellence and encourages career development and advancement by rewarding achievements and outcomes.
Administers compensation in a fair and flexible manner.
Values campus and community engagement and work/life balance.
Website URL where information about employee compensation is available:
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.