Overall Rating | Gold |
---|---|
Overall Score | 67.63 |
Liaison | Konrad Schlarbaum |
Submission Date | March 1, 2024 |
University of Colorado Colorado Springs
PA-12: Employee Compensation
Status | Score | Responsible Party |
---|---|---|
![]() |
0.50 / 3.00 |
Jerilyn
Taylor Director of Human Resources Human Resources |
"---"
indicates that no data was submitted for this field
Part 1. Living wage for employees
26.61
US/Canadian $
Percentage of employees that receive a living wage (benefits excluded):
51.97
Part 2. Living wage for employees of contractors
No
A list or brief description of significant on-site contractors:
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Percentage of employees of on-site contractors known to receive a living wage or be covered by collective bargaining agreements (i.e., union contracts):
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Part 3. Minimum total compensation for employees
100 percent
A brief description of the minimum total compensation provided to the institution’s lowest paid employee or pay grade:
Total Hourly Rate for Lowest Paid Employee: $15.75
Total compensation: $64346.10 (Family medical and dental)
Hourly Wage Based on Total Compensation: $30.94
Insurances: Medical, Dental, Vision, Life, AD&D, STD, LTD,
Vacation: 22 Days, Sick Time: 10 Days, Holidays: 13
Retirement Plans- 10% employer contribution
Tuition Assistance
Wellness Programs
Total compensation: $64346.10 (Family medical and dental)
Hourly Wage Based on Total Compensation: $30.94
Insurances: Medical, Dental, Vision, Life, AD&D, STD, LTD,
Vacation: 22 Days, Sick Time: 10 Days, Holidays: 13
Retirement Plans- 10% employer contribution
Tuition Assistance
Wellness Programs
Optional Fields
Yes
A copy or brief description of the institution’s written policy stating its commitment to a living wage:
This is a work in progress specific to UCCS and will be developed in 2024. CU has a Compensation Principle Statement which will be provided in the next field.
CU Regent Policy 11.A.1
The University of Colorado is committed to providing fair and competitive compensation that will attract, retain, and reward a diverse and high-performing workforce with the requisite experience and skills to execute the university’s goals. The university provides equal pay for substantially similar work in accordance with state and federal law. The university strives to ensure fair and competitive pay with relevant external job markets while ensuring good stewardship of public funds. By ensuring consistent pay practices for similarly situated employees, there is a solid foundation for attracting and retaining a diverse and talented employee population.
CU Regent Policy 11.A.1
The University of Colorado is committed to providing fair and competitive compensation that will attract, retain, and reward a diverse and high-performing workforce with the requisite experience and skills to execute the university’s goals. The university provides equal pay for substantially similar work in accordance with state and federal law. The university strives to ensure fair and competitive pay with relevant external job markets while ensuring good stewardship of public funds. By ensuring consistent pay practices for similarly situated employees, there is a solid foundation for attracting and retaining a diverse and talented employee population.
Website URL where information about employee compensation is available:
Additional documentation to support the submission:
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Data source(s) and notes about the submission:
The total compensation was determined using our CU total compensation calculator and family medical and dental insurance. https://form.jotform.com/231786293725163
We did family coverage to align with the living wage rates noted above. We took the amount of the total compensation from the calculator and divided by 2080 (total hours worked in a calendar year) to get the hourly rate.
We did family coverage to align with the living wage rates noted above. We took the amount of the total compensation from the calculator and divided by 2080 (total hours worked in a calendar year) to get the hourly rate.
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.