| Overall Rating | Silver |
|---|---|
| Overall Score | 55.04 |
| Liaison | Prabhakar Shrestha |
| Submission Date | Jan. 13, 2023 |
New Jersey Institute of Technology
PA-12: Employee Compensation
| Status | Score | Responsible Party |
|---|---|---|
|
1.01 / 3.00 |
Prabhakar
Shrestha Director of Sustainability Office of Sustainability |
The local living wage (based on a family of four and expressed as an hourly wage):
Percentage of employees that receive a living wage (benefits excluded):
Does the institution have significant contractors with employees that work on-site as part of regular and ongoing campus operations?:
A list or brief description of significant on-site contractors:
Percentage of employees of on-site contractors known to receive a living wage or be covered by collective bargaining agreements (i.e., union contracts):
Total compensation provided to the institution’s lowest paid regular, part-time or full-time employee or pay grade meets or exceeds what percentage of the living wage?:
A brief description of the minimum total compensation provided to the institution’s lowest paid employee or pay grade:
At NJIT:
1) 63.20 percent of the lowest paid employees meet or exceed the living wage's hourly rate
2)67.29% of the lowest paid full-time employees meet or exceed living wage's hourly rate
We do not have a defined total compensation philosophy, but we are working towards one. We have a mixed population of full-time, part-time, temporary and adjunct employees. For full-time staff & faculty, we pay above NJ's minimum wage; but the lowest rate is $17.06, which is below NJ's living wage for a family of 4 (2 working adults, 2 children).
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:
Website URL where information about employee compensation is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
The latest living wage figure for Essex County is $26.87
The calculation for salary was provided by Senior Compensation Analyst for NJIT.
The latest living wage figure for Essex County is $26.87
The calculation for salary was provided by Senior Compensation Analyst for NJIT.
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.