Overall Rating Bronze - expired
Overall Score 36.57
Liaison Rania Assariotaki
Submission Date Nov. 5, 2015
Executive Letter Download

STARS v2.0

The American College of Greece
PA-9: Employee Compensation

Status Score Responsible Party
Complete 3.00 / 3.00 Claudia Carydis
Vice President
Public Affairs
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None
Number of employees:
496

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Number of staff and faculty covered by sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements:
496

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Does the institution have employees of contractors working on-site as part of regular and ongoing campus operations?:
Yes

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Number of employees of contractors working on campus:
101

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Number of employees of contractors covered by sustainable compensation standards, guidelines, or policies and/or collective bargaining agreements:
101

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A brief description of the sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements covering staff, faculty and/or employees of contractors:
Compensation policies fully comply with the mandatory labour law as put in effect in Greece.

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Does the institution wish to pursue Part 2 of this credit (assessing employee compensation)?:
Yes

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Number of staff and faculty that receive sustainable compensation:
496

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Number of employees of contractors that receive sustainable compensation:
101

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A brief description of the standard(s) against which compensation was assessed:
Eurostat indicates that the poverty threshold for a family of four is €9,475 or €789 a month for 2015. At American College of Greece, 800 euros per month is the minimum entry level salary for administrative employees, whereas for faculty, the entry level salary is much higher. Various additional benefits are added, including degree benefits, children benefits, insurance, years of experience, and disability.
+ Date Revised: Nov. 16, 2015
+ Date Revised: Sept. 15, 2016

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A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, full-time employees:
The lowest monthly salary is defined by the Greek labour law. According to this law, salaries should not be lower than Euro 654 plus social security coverage.

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A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, part-time employees:
The lowest monthly salary is defined by the Greek labour law. According to this law, salaries should not be lower than Euro 654 plus social security coverage.

None
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular) staff:
The lowest monthly salary for temporary, non-regular staff is defined by the Greek Labour Law. According to this law, salaries should not be lower than Euro 654 plus social security coverage.

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A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular, adjunct or contingent) faculty:
Compensation for the lowest paid faculty is based on a salary scale built by the ACG in full compliance with the Greek Labour Law.

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A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid student employees (graduate and/or undergraduate, as applicable):
Compensation for the lowest paid student employees is also based in the Greek Labour Law and the Euro 654 monthly threshold.

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The local legal minimum hourly wage for regular employees:
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Does the institution have an on-site child care facility, partner with a local facility, and/or provide subsidies or financial support to help meet the child care needs of faculty and staff?:
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Does the institution offer a socially responsible investment option for retirement plans?:
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The website URL where information about the institution’s sustainable compensation policies and practices is available:
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Data source(s) and notes about the submission:
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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.