|Submission Date||March 19, 2014|
University of Vermont
PAE-11: Sustainable Compensation
Associate Vice President
Total number of employees working on campus (including contractors):
Number of employees (including contractors) that the institution ensures earn sustainable compensation:
A brief description of how the institution ensures that its lowest-paid workers (including contractors, if applicable) receive sustainable compensation:
In 2006, UVM adjusted the basic needs budget identified by the State of Vermont Joint Fiscal Office to account for health and dental, life insurance and savings benefits offered to UVM employees, and set the livable wage for UVM employees at $12.28. UVM currently employs 2, 280 staff and 1,597 faculty members. Approximately 98% of staff are paid at or above $12.28.
Generally staff pay bands are benchmarked against prevailing wages using local, regional and national market survey data each year and updated as needed. For individual positions we may pay above or below the median salary identified through participation in salary surveys, however, on average, we pay slightly above the market median. In 2006 and 2009 UVM conducted a basic needs analysis based on the livable wage work done by the State of Vermont Joint Fiscal Office. For lower paid positions, we trumped our market concept and established a socially conscious floor of $11.15 per hour which is considerably higher than market medians surveyed as well as both the state and federal minimum wage.
The most recent year total compensation for the institution’s lowest-paid workers (including contractors, if applicable) was evaluated to ensure that it was sustainable:
The website URL where information about the institution’s compensation policies and practices is available:
NOTE: Both reporting fields are numbers EXCLUDING contractors, not including