|Submission Date||Aug. 19, 2011|
PAE-11: Sustainable Compensation
Pace Academy for Applied Environmental Studies
Total number of employees working on campus (including contractors):
Number of employees (including contractors) that the institution ensures earn sustainable compensation:
A brief description of how the institution ensures that its lowest-paid workers (including contractors, if applicable) receive sustainable compensation:
Pace University pays prevailing wages for job type or classification.
Pace University pays average salaries for most positions, slightly above average salaries for higher level and hard to fill - highly skilled positions. The University pays a set amount above minimum wage, approximately 17% above the wage minimum, as employees are paid at least the published minimum of the pay range for their position.
The compensable rate for a position is primarily established by Human Resources and the hiring manager, through the process of job evaluation and/or job re-evaluation. Each position is evaluated based on internal and external market conditions, the impact of the position on the University, exempt/non-exempt status, salary grade, range and pay structure in accordance with internal ranking, as well as the available funding for the position. Salaries for the same job title may vary based on the credentials and performance of the individuals occupying them.
One example of how Pace University ensure sustainable compensation is that while the University froze annual salary increases in the midst of the education economic downturn, Pace Administration decided to provide a one-time lump-sum payment to employees identified as the "lower-wage earners" as a means of offsetting the losses from the annual merit award freeze.
The most recent year total compensation for the institution’s lowest-paid workers (including contractors, if applicable) was evaluated to ensure that it was sustainable:
The website URL where information about the institution’s compensation policies and practices is available:
Pace University evaluated total compensation for the institution's lowest-paid workers to ensure that it was sustainable in 2010 and into early 2011.
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 and complete the Data Inquiry Form.