| Overall Rating | Bronze - expired |
|---|---|
| Overall Score | 33.89 |
| Liaison | Chekka Lash |
| Submission Date | July 29, 2013 |
| Executive Letter | Download |
Ferrum College
PAE-11: Sustainable Compensation
| Status | Score | Responsible Party |
|---|---|---|
|
8.00 / 8.00 |
Mary Alice
Whisenant Director of Human Resources Human Resources |
Total number of employees working on campus (including contractors):
Number of employees (including contractors) that the institution ensures earn sustainable compensation:
A brief description of how the institution ensures that its lowest-paid workers (including contractors, if applicable) receive sustainable compensation:
Ferrum College’s lowest paid full-time employees earn at least $0.75/hour above minimum wage and those lowest-paid full-time employees are eligible for benefits that could add up to as much as 35% of their wages. Ferrum College is in a very rural part of a rural county with little employment opportunity within a 15-20 mile radius. Because of our location and lack of employment opportunities, it is difficult to obtain accurate regional pay data for comparison. For the past 9 years, even during the recent economic downturn, the institution has provided across-the-board increases to all employees except for 2 years when small bonuses were given in lieu of increases. These compensation increases have included benchmarking increases for a number of our workforce (25%?). We use higher education-specific salary surveys to assess our faculty/professional/administrative employee pay. We use informal local surveys (acquired through a small local human resources association) to assess our operations employee pay. We use regional law enforcement agency salary information to assess our police department personnel pay.
We have only 1 contractor on campus, employing less than 5 regular employees. All operations personnel are employees of Ferrum College.
The most recent year total compensation for the institution’s lowest-paid workers (including contractors, if applicable) was evaluated to ensure that it was sustainable:
The website URL where information about the institution’s compensation policies and practices is available:
Data source(s) and notes about the submission:
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.