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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Kim Shanklin, Chief People Officer |
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PRESENTER(S): |
Kim Shanklin, Chief People Officer |
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TITLE:
title
UTA Policy - UTA.05.04 Administrative Employee Compensation Program
end
AGENDA ITEM TYPE:
UTA Policy
RECOMMENDATION:
Adopt UTA Policy UTA.05.04 Administrative Employee Compensation Program and rescind prior Corporate Policy 6.7.5.1 - Compensation.
BACKGROUND:
UTA’s Administrative Employee compensation approach pairs a market-based structure with a pay-for-performance annual merit increase. Key guidelines on how that approach is implemented are laid out in UTA Policy. The policy has been updated to change practices identified as not effective during a 2021 review of the program.
DISCUSSION:
UTA People Office staff worked with an outside consultant to review the Administrative Employee compensation program. The review was focused on identifying areas where the program was successful and where it needed adjustment. This review happened during a time of unprecedented local labor market challenges, including record low unemployment and record high job growth. People Office staff have made policy updates that will assist with the unique challenges happening in the labor market and address immediate challenges. Additional program review is occurring to capture 2022 data and trends that may result in more updates to the program in 2023.
ALTERNATIVES:
If UTA.05.04 Administrative Employee Compensation Plan is not adopted, UTA Corporate Policy 6.7.5.1 - Compensation, will remain in effect.
FISCAL IMPACT:
The changes may increase starting wages for some position however that impact should be absorbed within the current 2022 operating budget.
ATTACHMENTS:
UTA.05.04 Administrative Employee Compensation Plan Policy