| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 67.41 |
| Liaison | Jeremy King |
| Submission Date | March 23, 2016 |
| Executive Letter | Download |
Denison University
PA-9: Employee Compensation
| Status | Score | Responsible Party |
|---|---|---|
|
1.50 / 3.00 |
Jeremy
King Campus Sustainability Coordinator Office of the President |
Number of employees:
Number of staff and faculty covered by sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements:
Date Revised: May 12, 2016
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:
Date Revised: May 12, 2016
A brief description of the sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements covering staff, faculty and/or employees of contractors:
All employee wages and benefits are compared to a market analysis and Denison offers wages and benefits at the level of or better than the market.
Our Dining Services Provider, Bon Appetit Mgmt Co offers competitive compensation, excellent benefits, and a positive work environment designed around the philosophy of mutual respect and the challenge of contributing to the continued success of its organization.
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:
We routinely participate in compensation surveys and regularly perform analyses of the market to determine how we compare for all faculty and staff positions. Denison offers wages and benefits at the level of or better than the market to ensure that it is paying its workers at the highest level as compared to workers with similar jobs at other businesses/organizations in the area.
In addition all of our employees and that of our onsite dining provider earn a wage greater than the Federal poverty guideline for a family of four 0 $24,250 (in 2015) when benefits are factored in.
The lowest paid employee earns $21,840 and receives approximately $12,000 in health and retirement benefits. Using benefits to offset 20% of the salary yields a sustainable compensation of $26,208.
Date Revised: May 12, 2016
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, full-time employees:
Our lowest paid employees receive no less than $10.50 per hour or the equivalent of $21,840 per year. However, 90% of new hires start at $11 an hour or higher ($11 an hour is $22,880 per year). The average annual wage for the lowest paid employees is $28,163. Average benefits is about $12,000 per employee.
Benefits include retirement contributions, health care, tuition exchange for dependents, and life insurance.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, part-time employees:
Average hourly rate is $11.30 an hour - benefits would be 18.65% of annual salary (or of hourly rate).
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular) staff:
The lowest wages we pay to casual or temporary staff is $10 an hour with 8.65% of rate for benefits.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular, adjunct or contingent) faculty:
Adjunct faculty receive approximately $6,000 per course taught per semester.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid student employees (graduate and/or undergraduate, as applicable):
Student employees are paid $8.75 an hour and receive 1% benefits.
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:
Denison maintains an internal password protected website where most of this information resides. Public access web pages have limited information on this topic.
Denison maintains an internal password protected website where most of this information resides. Public access web pages have limited information on this topic.
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.