Regents approve compensation increases

 

Dear members of the UCCS community,

The President, fellow chancellors and I all recognize the hard work and commitment you have demonstrated over the past year in helping our students succeed. Even though we didn’t meet the revenue thresholds that would have triggered automatic compensation increases, we felt it was important that we find a way to provide this increase.

As you saw in the message from President Todd Saliman, during this week’s Board of Regents meeting, the Regents approved compensation increases for eligible faculty and university staff (non-classified) at UCCS. You may recall the Regents already approved the increase that went into effect on July 1 for classified staff. I’m very pleased that the Regents wholeheartedly supported this compensation increase.

The compensation plan includes a 3 percent base-building salary increase and a one-time non-base payment equal to 1 percent of an employee’s annual salary. This applies to all eligible faculty and university staff (non-classified). To be eligible for both the 3 percent salary increase and 1 percent one-time payment, employees must have started working at UCCS prior to July 1, 2021 and received a score of 3 or above on their most recent performance review. The salary increase and the one-time payment will be calculated off of your salary amount as of Dec. 31. The 3 percent base-building salary increase will be applied effective Jan. 1, 2022. The 1 percent one-time payment will be made in your January 2022 paychecks.

Again, thank you for all you do to transform lives for the better,

 

Respectfully,

Chancellor Venkat Reddy's Signature
Venkat Reddy
UCCS Chancellor

 

[ BACK TO STATEMENTS & MEDIA ]