Faculty Assembly
Salary Enhancement Committee
Update to UCCS Faculty Assembly
Mark Malone - May 12, 2000
The Salary Enhancement Committee has been very busy since my report to the Assembly last
month. Much progress has been made toward solving problems of salary compression. Many of
your colleagues in the faculty and the
administration have worked hard to create a model for fair corrections of salaries and
identifying places in the budget where money may potentially be available to fund this
salary initiative.
The multiple regression model attached indicates that
faculty salaries fall approximately $500,000 short of what should be expected when the
information includes breakdowns by Schools and Colleges with our comparison
groups. Our goal is to correct this problem over a period of three years. The goal
for this year is to utilize $160,000 to correct approximately one third of the problem. A
formula for correcting the problem, developed cooperatively with our Office of
Institutional Research, allows us to determine approximately how far each individual
faculty member falls below
their predicted salary for comparison groups. The corrections this year will assure that
no faculty member, who has received appropriate performance ratings, will earn less than
92.3 percent of salary predicted from comparison groups in the multiple regression.
Funding an amount of approximately $160,000 for each of the subsequent two years will
result in
each eligible faculty member receiving approximately 100 percent of the salary predicted
from comparison group data at the end of three years.
There are still a few hurdles to be passed. Campus UBAC, meeting in executive session,
decided to end their work early and not deal with items potentially fundable from new
money predicted to be available from our revised tuition structure. We feel that the
Salary Enhancement Initiative is of sufficient importance that it should be funded to
begin in the fall
with base budget dollars. Certain other items in the base budget would still be funded
from new tuition dollars and will not be significantly affected by waiting for the funds
to be realized. This concept was presented to the Chancellor and the Vice Chancellor of
Academic Affairs. They are supportive of the concept and will be checking with UBAC to
assure
that funding can realistically be handled in this manner.
The Faculty Salary Regression Model, to be presented at todays Faculty Assembly meeting,
is a draft and will be reviewed one more time by the Salary Enhancement Committee. If we
succeed, and I believe we will, we will be able to significantly increase salaries of 41
faculty members who have been most affected by the problems of compression. In the second
and third year of the Salary Initiative, far more faculty members will be affected.
Ultimately, the current problems of salary compression could be a thing of the past in
only three years.
While there is still some work to be done, I want to thank everyone who has participated
in helping to solve this important campus issue.
© University of Colorado at Colorado Springs | Copyright | Privacy Statement | Vision and Values
