| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 76.45 |
| Liaison | Ryan Ihrke |
| Submission Date | Oct. 17, 2014 |
| Executive Letter | Download |
Green Mountain College
PA-9: Employee Compensation
| Status | Score | Responsible Party |
|---|---|---|
|
0.51 / 3.00 |
Aaron
Witham Director of Sustainability Sustainability Office |
Number of employees:
Number of staff and faculty covered by sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements:
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:
A brief description of the sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements covering staff, faculty and/or employees of contractors:
Even though there isn't a particular standard, guideline, or policy addressing sustainable compensation standards, all employees (including employees of the two permanent on-site contractors: Chartwells and DTZ) are eligible for the Community Income Equity Fund (CIEF). CIEF is a fund paid in six-month cycles to nominated employees who make less than a sustainable wage. Employees of GMC and both of its major subcontractors (Chartwells and DTZ) may give voluntary donations to this fund as one-time payments or part of a regular payroll deduction. Any employee of any of the three organizations can also nominate employees to receive funding. The fund was established in 2013 by a group of faculty and staff who wanted to address income equity in the community. In 2014, the fund expanded its offerings to include refurbished Mac computers from campus for those who would otherwise have difficulty buying a high quality computer. A total of $5,500 was distributed in FY 2014 to eight nominees. For nominees making close to minimum wage, they received the equivalent of three weeks of additional pay or a 6% bonus.
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:
CIEF defines the standard for sustainable compensation to be the Vermont Liveable Wage, which was determined by the State of Vermont to be $15.74 in 2013.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, full-time employees:
All full-time Green Mountain College employees are offered medical insurance, dental insurance, flexible spending accounts, TIAA-CREF retirement account, paid vacation days, paid sick days, paid holidays, and life insurance. The lowest paid full-time employees are also eligible for the CIEF, as described above.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, part-time employees:
The lowest paid part-time workers make minimum wage and are eligible to receiving compensation from CIEF, as described above. They are not eligible to receive the other benefits given to full-time employees.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular) staff:
The lowest paid temporary staff make minimum wage and are eligible to receive compensation from CIEF, as described above. They are not eligible to receive the other benefits given to full-time employees.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular, adjunct or contingent) faculty:
The lowest paid adjunct faculty are eligible to receive compensation from the CIEF, as described above. They are not eligible to receive the other benefits given to full-time employees.
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid student employees (graduate and/or undergraduate, as applicable):
The lowest paid student employees make minimum wage and are eligible for CIEF if they are hired as regular employees. If they are hired as work study students, then they are not eligible for CIEF. No student employees, unless they are full-time, are eligible for the other benefits that GMC's full-time employees receive.
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:
The performance year for this credit is FY 2013.
The performance year for this credit is FY 2013.
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.