Overall Rating | Gold - expired |
---|---|
Overall Score | 70.12 |
Liaison | Maria Dahmus |
Submission Date | March 5, 2021 |
University of St. Thomas
PA-12: Employee Compensation
Status | Score | Responsible Party |
---|---|---|
1.91 / 3.00 |
Allicia
Firkus Sr. Compensation Analyst 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:
The University contracts with a vendor to operate our campus shuttle. Approximately four to six contract drivers operate the shuttle during the academic year, with up to 10 drivers during special events. There are fewer hours during summer and January, and the shuttle does not operate on some holidays and breaks.
All employees of significant on-site contractors receive a living wage for the Twin Cities.
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:
The minimum total compensation reported is the lowest wage for a regular employee at $13.76 plus 35% for benefits, which is equivalent to an hourly rate of $18.58. Benefits include the following options: medical, dental, short-term disability, long-term disability, group life insurance, AD&D, and tuition remission. 35% is the figure that the university uses for fringe benefits rates.
The University's lowest paid pay grade is provided an hourly wage that is based on the market for each position, and exceeds the minimum wage rate for Minneapolis and St. Paul. The University also offers benefits packages for regular employees working at least 25 hours per week. These benefits packages include medical, dental, vision, life insurance, 403(b) retirement contributions, and tuition remission.
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:
While the University does not have a written policy stating its commitment to a living wage, the university has a total compensation policy that addresses how we strive to pay a competitive market rate for all positions. The University has also implemented the minimum wage guidelines for both Minneapolis and St. Paul, with the intent to have a minimum wage rate of $15 per hour by July 1, 2022, getting us closer to the living wage rate.
Website URL where information about employee compensation is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
The local living wage of $17.66 is based on Fall 2020 data for the Minneapolis-St. Paul metropolitan area from the Massachusetts Institute of Technology Living Wage Calculator.
The local living wage of $17.66 is based on Fall 2020 data for the Minneapolis-St. Paul metropolitan area from the Massachusetts Institute of Technology Living Wage Calculator.
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.