Categories » Compensation

Important Update on Salary Increase Program

After careful review and additional research we have decided not to cap maximum salaries. The SRC/Wage and Salary Committee’s recommendation that we enforce maximum salaries was based on the assumption that caps would free up resources that could be allocated … Continue reading

The Difference Made by Capping the Max: Guest Post by Patrick Norton, Vice President for Finance and Treasurer

As VP for Administration Tim Spears has mentioned on a few occasions, much work needs to be done between now and July 1, 2012 to ensure: (1) that all staff are in their correct band and level and (2) that … Continue reading

More Thoughts About Maxes, Midpoints, Bands, and Levels

A number of people commenting on the salary increase plan have expressed concerns or asked questions about the plan to cap maximum salaries and calculate percentage increases on the midpoint of the salary range. I appreciate all this feedback, and … Continue reading

Revising the Staff Salary Increase Program: Implementation

The College will implement the staff salary increase program in two phases over the next 18 months. First Phase This year, all employees who consistently meet expectations or significantly exceed expectations will receive the bi-level percentage increase. However, the percentage … Continue reading

Revising the Staff Salary Increase Program: The Plan

Between June and December of 2010, the SRC and the Wage & Salary committee met regularly to consider how best to administer the funds available each year for staff raises. Our discussions focused on 1) finding a way of moving … Continue reading

Revising the Staff Salary Increase Program: Background

This is the first of three posts aimed at explaining the new salary increase program that the College will put in place during the next two years. Although we are holding open meetings this week to explain the new procedures, I thought … Continue reading