Dear CC Community,

Thank you to everyone who participated in our In the Loop meeting today. For those of you who couldn’t attend, here is an update on announcements related to pay and benefits.

COMPENSATION:

After hearing input from employees, the Compensation Committee, and the Budget Committee, we will make pay decisions that are a little different this merit cycle. A large portion of the funding available for pay increases this year will be applied to employees in the lower pay bands.

All staff employees in pay bands 1-6 who “meet expectations” on their performance review will receive a minimum 2.5% pay increase on July 1. If that increase does not bring their pay to the levels noted below, they will receive an additional increase to get them to the minimum pay noted:

Bands 1-2: $17/hour
Band 3: $18/hour
Band 4: $19.25/hour
Band 5: $22/hour
Band 6: $24.50/hour

This will cause some compression between newer employees and those who have worked for the college for a while. We have set aside some funding to address compression between employees hired in 2019 and earlier.

Staff employees in pay bands 7 and higher who “meet expectations” and were hired before May 1, 2022 will receive a 2% increase on July 1.

We will set a new minimum for Occasional/On Call employees of $15/hour. Any OC employees not already making $15/hour will receive a compensation increase to this new minimum on July 1.

No funding will be allocated this year for extraordinary performance increases.

For this one year, all employees hired before May 1, 2022 who “meet expectations” on their performance reviews will be eligible for the merit increase.

Please remember to turn in all completed performance reviews by May 1. They may be sent to ccperformance@coloradocollege.edu.

BENEFITS

Medical costs have increased, so premiums for medical coverage will increase. The college pays 80% of the employee and dependent cost for medical coverage so the bulk of the increase will be borne by the college. The employee share for medical will increase $10.34/month ($5.17/pay period) for an employee with employee-only coverage and $29.48/month ($14.74/pay period) for an employee with family coverage.

The cost for dental, vision, and other benefits will remain the same for 2022-23.

In addition to Fall and Winter Break, for 2022-23, benefits-eligible employees will receive three days of paid “Spring Break” leave. See the 2022-23 administrative calendar at this link.

If you have questions, email HR@coloradocollege.edu.

Sincerely,

Robert G. Moore

Senior Vice President, Chief Operating Officer, and Chief Financial Officer

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