Overall Rating | Silver - expired |
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Overall Score | 45.35 |
Liaison | Wesley Enterline |
Submission Date | April 22, 2015 |
Executive Letter | Download |
University of Wisconsin-Whitewater
PA-9: Employee Compensation
Status | Score | Responsible Party |
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1.30 / 3.00 |
Wesley
Enterline Sustainability Coordinator Facilities Planning and Management |
Number of employees:
Number of staff and faculty covered by sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements:
Does the institution have employees of contractors working on-site as part of regular and ongoing campus operations?:
Number of employees of contractors working on campus:
Number of employees of contractors covered by sustainable compensation standards, guidelines, or policies and/or collective bargaining agreements:
A brief description of the sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements covering staff, faculty and/or employees of contractors:
Does the institution wish to pursue Part 2 of this credit (assessing employee compensation)?:
Number of staff and faculty that receive sustainable compensation:
Number of employees of contractors that receive sustainable compensation:
A brief description of the standard(s) against which compensation was assessed:
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, full-time employees:
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, part-time employees:
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular) staff:
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular, adjunct or contingent) faculty:
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid student employees (graduate and/or undergraduate, as applicable):
The local legal minimum hourly wage for regular employees:
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?:
Does the institution offer a socially responsible investment option for retirement plans?:
The website URL where information about the institution’s sustainable compensation policies and practices is available:
Data source(s) and notes about the submission:
http://livingwage.mit.edu/counties/55127
The State of Wisconsin Compensation Plan for all state employee classifications is found here: http://oser.state.wi.us/subcategory.asp?linksubcatid=1296&linkcatid=697&linkid=29
The State of Wisconsin Investment Board (SWIB) is responsible for managing the assets of the Wisconsin Retirement System (WRS) trust fund. The individual accounts and benefits of WRS are managed by the Department of Employee Trust Funds (ETF). http://www.swib.state.wi.us/WRS.aspx
The UW System offers a Tax-Sheltered Annuity Program, UW 403(b), as a supplemental retirement savings program. The Deferred Compensation Program allows employees to invest pre-tax earnings into a variety of investment options offered by the program. The annual maximum for 2014 is $17,500. There are 21 investment options currently offered by the plan, plus a self-directed brokerage option that provides more than 2,000 mutual fund choices, available through the Schwab Personal Choice Retirement Account. https://wisconsin.gwrs.com/login.do
Investment options include a wide array of mutual funds and fixed and variable annuities managed by six authorized investment companies; Dreyfus Retirement Services, Fidelity Investments, T. Rowe Price, TIAA-CREF, RiverSource Life Insurance Company, and Lincoln National Life Insurance Company.
Investment options provided by these companies include: TIAA-CREF Social Choice Equity Fund (Mutual) and CREF Social Choice Fund (TIAA-CREF currently considers constituents of the MSCI USA IMI ESG and MSCI World ex-US ESG Index as meeting the Fund’s ESG criteria); LVIP Delaware Social Awareness (not available to new participants); and Neuberger Berman Advisers Management Trust Socially Responsive Portfolio (S Class).
In addition, the UW System provides a link to TIAA-CREF’s Socially Responsible Investing Report at: http://www.tiaa-cref.org/ucm/groups/content/@ap_ucm_p_tcp/documents/document/tiaa01007775.pdf
While many employees are paid a sustainable compensation, this does not qualify as a "sustainable compensation standard/guideline/policy." Collective bargaining rights for state employees were terminated by Wisconsin Act 10 in 2011.
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.