The Compensation Committee
The compensation committee is a recommending body which meets blockly to discuss issues of compensation on behalf of the employees of Colorado College. Each year, the committee provides official recommendations to the college’s budget committee regarding salary adjustments for both staff and faculty. The committee may also recommend changes to employee benefits.
The Colorado College Compensation Philosophy
(proposed, December 2011)
Colorado College strives to provide a high-quality liberal arts education to a diverse community of students. The College’s total compensation package will align with its overall mission, strategies, and plans. It will be administered in a financially sustainable manner to maintain an engaged, high-caliber workforce. We do this by:
- Attracting and retaining high-quality employees
- Promoting internal equity
- For faculty, this means that we value all disciplines equally
- For staff, this means comparable compensation for comparable skill sets and responsibilities
- Recognizing performance, both individual and team achievements
- Maintaining market alignment to attract and support a high-quality workforce
- Enabling a workplace culture that recognizes the value of family, civic involvement, campus community, and intellectual stimulation
The College will comply with all applicable laws including equal pay laws, equal employment opportunity laws, benefits regulations, and the Fair Labor Standards Act.