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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 Compensation Program with revisions as presented.
BACKGROUND:
UTA’s compensation philosophy is to attract, motivate, and retain employees who support UTA’s mission. UTA’s compensation approach pairs a market-based structure with a pay for performance annual increase. Our goal is to compete in comparable markets for high performing employees and recognize that public service has rewards beyond a base pay.
Board Policy 1.1 - Process for Establishing Board Policies - requires new or revised UTA Policies to be presented to the Board of Trustees in a public meeting for review and approval. Staff is requesting a revision to UTA Policy UTA.05.04 previously adopted on April 14, 2022.
DISCUSSION:
This policy is being updated to reflect methodology changes to development of UTA’s administrative salary structure in line with compensation best practices. These changes, while continuing to focus on labor market data, will improve transparency and understanding of the salary structure, and improve internal equity amongst jobs within the same salary grade.
ALTERNATIVES:
If the revised UTA.05.04 Administrative Employee Compensation Plan Policy is not adopted, the current, unrevised policy will remain in effect and UTA will continue to use the current compensation program in place, which may reduce UTA’s ability to attract talent and remain competitive.
FISCAL IMPACT:
Included in UTA’s 2023 operating budget.
ATTACHMENTS:
UTA.05.04 Administrative Employee Compensation Plan Policy