This email was sent to HR Liaisons on the CU Boulder campus.
We are re-sending this communication to clarify how the $15 minimum wage compression will be implemented for directly impacted staff positions. This version supersedes any previous versions.Â
The Board of Regents approved the CU Boulder operating budget for FY21-22 at their 6/17/21 meeting. The budget includes increased investments by CU Boulder in diversity initiatives, increased investments in financial aid, an increase in the minimum wage for employees to $15 per hour, and Equal Pay Act implementation.
Boulder Campus Human Resources is working with Budget & Fiscal Planning to implement the FY21-22 salary initiatives. Â
Here is the order of actions in HCM for pay increases effective July 1:
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Classified staff 3% across-the-board (ATB)
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This increase is calculated from the employee’s 6/30/21 pay rate.
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The classified 3% ATB applies to all classified employees with an active appointment as of 6/30/21. It does not apply to new hires starting 7/1/21 or later.
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The classified 3% ATB is base-building up to the FY21-22 pay range maximum for the employee’s job classification. Any amount over the pay range maximum is annualized and paid as a one-time lump sum in the employee’s end of July paycheck.Â
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are available from the Colorado Department of Personnel & Administration.
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The final July 1 comp rate for classified employees is rounded to the nearest whole dollar if full-time and to two decimal places if part-time.
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University staff one-time payment calculation
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This increase is calculated from the employee’s restored pay rate after the FY20-21 temporary campus pay reduction is ended as of June 30 and before any July 1 adjustments are applied.
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Increase to $15 per hour campus minimum wage if applicable
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The pay rates for biweekly/hourly employees below $15 per hour, including student assistants and temporary employees, will be increased to $15 per hour in HCM by Employee Services around 6/27/21.
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Campus funds will be allocated to units for general fund regular salaried staff and general fund students paid hourly. Other categories of employees will be funded by the hiring unit.
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Updated FY21-22 student assistant pay ranges are now available.
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Updated - Apply $15 minimum wage staff compression adjustment if applicable. A staff compression adjustment applies in the following two scenarios:
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Job Family Compression (Animal Care, Child Care Aide/Early Childhood Educator, Custodian, Dining Services and Sales Assistant): Compression within a job family is calculated by re-establishing the approximate salary spacing that had existed between the jobs before they were compressed together to the new $15 minimum rate. The lowest paid employees in the job family are moved up to $15. Then a % increase similar to the % distance between the salaries previously is applied to other jobs in the family that were also moved up to $15 but had been at a higher level than the lowest paid group.Â
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$15 Min Wage Compression: If not already addressed by the Job Family Compression scenario, a 2% compression is applied to related job family occupations already paid at a comparable level to the jobs now at the new $15 minimum rate, not to exceed the pay range maximum or prevailing market rates. Job families include Equipment Operator, General Labor, Grounds & Nursery, LTC Trainee, Materials Handler, Security and Structural Trades.
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Pay Range Maximum: Note that if the compression increase causes an employee’s salary to exceed the pay range maximum, the final salary is adjusted to the pay grade maximum.Â
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For Student Employees, departments and units may consider adjusting pay rates for other student positions in their areas for compression if needed based on their department/unit practices. This will not be done at a campus level.
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Important Notes:
- Salary data for July 1 pay change calculations (regular monthly-paid classified and university staff) will be pulled from HCM on 6/19/21. Â Please avoid making pay changes for eligible employees between 6/19/21 and 7/1/21.
- July 1 salary changes will be uploaded to HCM by Employee Services around 6/24/21 with a 7/1/21 effective date.
- ​Classified and university staff will receive notifications of final July 1 salary by the end of July.  We need to process corrections in HCM for the July end of month payroll before sending notifications.
- There is no new information on whether there will be a January 1, 2022 university staff and faculty merit pool. This decision is pending fall budget information.
- The campuswide analysis of staff and faculty salaries for pay equity continues. Further information is expected to be available by this fall.