Overall Rating | Gold - expired |
---|---|
Overall Score | 69.67 |
Liaison | Julie Newman |
Submission Date | Sept. 30, 2021 |
Massachusetts Institute of Technology
PA-12: Employee Compensation
Status | Score | Responsible Party |
---|---|---|
1.46 / 3.00 |
MIT
Office of Sustainability Director Office of Sustainability |
"---"
indicates that no data was submitted for this field
Part 1. Living wage for employees
20.41
US/Canadian $
Percentage of employees that receive a living wage (benefits excluded):
98.80
Part 2. Living wage for employees of contractors
Yes
A list or brief description of significant on-site contractors:
This includes regular, on-site contractors including dining and janitorial and are governed by union collective bargaining agreements.
Percentage of employees of on-site contractors known to receive a living wage or be covered by collective bargaining agreements (i.e., union contracts):
100
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:
MIT's lowest full-time employee pay grade earns total compensation of $21.37 per hour. MIT's lowest part-time employee pay grade earns total compensation of $18.85 per hour. According to the January 2020 MIT Living Wage Calculator, the living wage for 2 working adults and two children was $20.41, which included new expense categories and methodology from earlier years. 99.9% of MIT staff earn a total compensation that is considered a living wage.
Optional Fields
No
A copy or brief description of the institution’s written policy stating its commitment to a living wage:
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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:
The Living Wage drawn from the Living Wage Calculator for our submission reflects the Living Wage at the time MIT wages were being paid so that the two periods are the same. Currently, the Living Wage Calculator updates its living wage amounts after the payment performance year, but before the STARs report for the previous yes is submitted. This would allow for inaccurate reporting on living wage status, comparing different time periods.
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.