|Submission Date||Dec. 19, 2017|
PA-11: Employee Compensation
|0.74 / 3.00||
Director of Total Compensation
The local living wage (based on a family of four and expressed as an hourly wage):
Percentage of all employees (regular full-time, regular part-time, and temporary workers) that receive a living wage (benefits excluded):
Does the institution have employees of contractors that work on-site as part of regular and ongoing campus operations?:
Percentage of employees of contractors that work on-site as part of regular and ongoing campus operations that the institution has verified as receiving a living wage (benefits excluded) (0-100; enter ‘0’ if unknown):
The total compensation provided to the institution’s lowest paid regular (i.e., permanent) 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, including any in-kind benefits included as part of the total compensation figure :
The average hourly rate for our lowest paid regular employees (those employees in pay band 1 of 7) is $11.04. Add in the value of benefits and the total hourly compensation amounts to $15.56 or 104% of the living wage.
Virginia Tech provides a generous benefits package to our salaried employees which includes retirement benefits, a comprehensive medical plan, short and long term disability and life insurance.
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:
Has the institution made a formal commitment to provide a living wage to its student employees and/or graduate teaching/research assistants (e.g. by adopting a student bill-of-rights)?:
A brief description of the institution’s commitment to a student living wage:
The website URL where information about the programs or initiatives is available:
Additional documentation to support the submission:
Virginia Tech’s dining services are not contracted out. Consequently, a large percentage of our employee population that would be contracted out by universities are employees of Virginia Tech.
For individuals paid under the university’s temporary employment service contracts, the university’s contracts specify that the minimum hourly rate for the lowest paying job type is no lower than the minimum hourly rate for the comparable job type within the university. When these contracts are re-negotiated Human Resources adjusts the minimum rate as needed based on any changes in the university compensation plan.