Overall Rating | Bronze |
---|---|
Overall Score | 28.30 |
Liaison | Eva Chase |
Submission Date | June 21, 2024 |
South Dakota School of Mines and Technology
PA-12: Employee Compensation
Status | Score | Responsible Party |
---|---|---|
0.78 / 3.00 |
Dawn
Weiss Manager Human Resources |
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:
Our main significant contractor on campus is for food/dining-catering and that is Sodexo. will have one for bussing soon, but still in negotaitions
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:
If an employee works at least 20 hours per week for six months or more in a regular/permanent position, they are eligible for the same benefits as the full time employees (i.e. healthcare and retirement contributions). The exception is that they accrue leave on a prorated basis. For employees who work fewer than 20 hours per week in a regular position, they receive prorated leave based on the hours they work (i.e. no healthcare or retirement contributions). Living wage based on 2080 working hours in the year based on a family of four in Pennington County is $23.34/hour or $48,547 annually. Compensation only for the lowest paid regular (part-time, non-benefited) employee on our campus is $12.33/hour. Compensation for the lowest paid regular benefited position on our campus is $15.50/hour. Total compensation for regular benefited positions includes healthcare and retirement funded by the institution. FY24 healthcare = $11,782 per employee. FY24 employer retirement contribution = 6% of gross pay. For $15.50/hour, compensation plus benefits provided is value of $45,956 or $22.09/hour.
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 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.