regents 03

8/8/2019 Regents 03

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STAFF COMPENSATION &

BENEFITS DISCUSSION

Presented by:

Patti Dion, Director Employee Relations & Compensation

Pete Ronza, Assistant Director

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AGENDA

Staff Demographics - What does the staff population look like?

Market Analysis Factors - How do we arrive atthe market rate for jobs?

Market Comparisons - How do University jobscompare to the market?

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STAFF DEMOGRAPHICS

Male FemaleMinority

2002

Change inMinority from

2001

Twin Cities 39% 61% 13.9% +0.7%

Duluth 38% 62% 4.4% 0.0%

Morris 34% 66% 4.1% -.04%

Crookston 39% 61% 1.8% 0.0%

University 38% 62% 12.9% +.07%

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STAFF DEMOGRAPHICS

Average Age of Staff = 42.6

Average Length of Service = 10.6 years

Turnover = 12% (14% in 2001) Average Retirement Age = 61

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STAFF DEMOGRAPHICS Average Wages

Hourly AnnualIncrease fromprevious year

2000 $17.40 $36,192 +6.5%

2001 $18.18 $37,814 +4.5%

2002 $18.83 $39,166 +4.5%

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MARKET ANALYSIS FACTORSCompetitive Market Definition

Labor market for a job that we compete with for recruitment and retention.

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MARKET ANALYSIS FACTORSCompetitive Market Definition-Job Families

Administration

Athletics

Clerical Education & Outreach

Finance & Accounting

Health Services

Human Resources/EO

Information Technology

Institutional Relations

Legal Library & Collections

Research/Science

Student Services

Support Services

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MARKET ANALYSIS FACTORSData Analysis Considerations

Employer Size - Comparable to the University

Geographical Area - Metro, regional, national

Industry Competitors -Public or private

Survey Source - Reliable and published regularly

Survey Date/Aging - Within a year

Market Movement - Hot or normal movement

Job Specialty - Are there specialties within an occupation Reliable Match - Comparability of market job to University job

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MARKET ANALYSIS FACTORSMarket Position Definition

Market Average

Lead Market

(competitive, priority, or critical areas) Lag Market

(soft markets, UofM preferred employer, benefits)

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MARKET RELATIONSHIPSBenefits Package

Basic Retirement Plan

Optional Retirement Plan

Optional Short-term & Long-term Disability Plans

Vacation and Sick Leave

Medical

Dental

Life Pre-tax Reimbursement Accounts

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MARKET RELATIONSHIPSBenefit Comparisons - 2002

ni ersit of Minnesota

P licSector

Pri ateSector

Ass me

Base Pa ,220 ,220 ,220

Total CasBenefitsTime Off

,0 2( . of ase)

, 2( . of ase)

,( . of ase)

CA Stanton2002

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MARKET RELATIONSHIPSBenefits Package Issues

Retirement Plan

Vacation and Sick Leave

Medical

Dental

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SERVICE IMPROVEMENTSInformation Technology Job Family Re-Design

1998-2000 2000-2002

Number of Classification

Audits122 3

AverageHours of Labor per

Audit

16 7

Total Average Costof Labor

$46,848 $504

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SERVICE IMPROVEMENTS

Updated and flexible classifications of work

Enhanced market competitiveness

Flexible use of staff

Reduction of bureaucracy

Civil Service Human Resources/EO, Pharmacists,Nursing, Purchasing and job families completed

AFSCME Clerical & Office classification study underway

regents 03

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