| Overall Rating | Gold |
|---|---|
| Overall Score | 66.99 |
| Liaison | Olivia Conner-Bennett |
| Submission Date | Aug. 31, 2023 |
Stevens Institute of Technology
PA-12: Employee Compensation
| Status | Score | Responsible Party |
|---|---|---|
|
1.17 / 3.00 |
Sheraine
Gilliam VP of Human Resources Human Resources |
"---"
indicates that no data was submitted for this field
Part 1. Living wage for employees
28.13
US/Canadian $
Percentage of employees that receive a living wage (benefits excluded):
89
Part 2. Living wage for employees of contractors
Yes
A list or brief description of significant on-site contractors:
Stevens has Compass One handle the university’s dining services operations and UG2 handle the university’s janitorial services.
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:
Our minimum salary grade for full-time workers starts at $27,600, which converts to an hourly rate of $15.16. This is based on a 35-hour work week over 52 weeks. Currently, the lowest paid full-time employee makes $31,000. Thus, the current lowest paid employee is making $17.03 per hour. The current estimated benefits rate is 31.8%. With benefits, that employee’s salary is $40,858. Thus, their hourly wage is $22.45.
Our lowest paid part-time employee makes $20 per hour and works 20 hours per week. The benefits rate is 8.5%. With benefits their hourly wage is $21.70.
Our lowest paid part-time employee makes $20 per hour and works 20 hours per week. The benefits rate is 8.5%. With benefits their hourly wage is $21.70.
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:
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Additional documentation to support the submission:
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Data source(s) and notes about the submission:
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