July 19, 2013 Update: Results are in
Together with the Chancellor and other colleges presidents, I am pleased to announce the completion of the TSTC Compensation Study. MGT of America, Inc. conducted the classification and compensation study for full-time faculty and staff positions. Being a complete compensation study, the study included a comparison of benefit packages.
We have committed to ensuring all employees are at least at the minimum of their pay grade and budgeted accordingly in the fiscal year 2014 budgets, which are pending approval by the Board of Regents in August. Compensation study sessions will be held on each campus to discuss our long-term commitment to the implementation of the report beginning the week of Augusts 19. Once the general information sessions have concluded, individual meetings will be offered to each employee, specifically detailing how the study results will impact you within your current position.
April 24, 2013 Update: Additional time due to our complexity
The leadership teams at our colleges had expected we would have the results of the salary survey by now. I would like to assure you that the study is ongoing and getting closer to completion every day. The timeline originally submitted by the consultant group was based on their previous experience with clients and did not take into consideration how complex the TSTC structure is for both our faculty and staff.
February 8, 2013 Update: Accuracy is first priority
The Board of Regents meeting has concluded in Harlingen, and I want to provide you a status update on the compensation study. I intended to present the study results to the Board this week, however, the data collection is not yet complete. MGT, the company conducting the study, continues to perform market comparisons for both our faculty and staff. Although we are behind schedule, it is important to provide MGT the extra time to ensure an accurate comparison to both industry and higher education benchmarks.
December 3, 2012 Update: Data is being crunched
The compensation study we contracted with MGT to perform for us is well underway. As you recall, all employees were asked to participate in a Job Content Questionnaire (JCQ). This survey, along with management information papers, are allowing MGT to review employee job duties and relevant external market pay and benefits data against current employee compensation. MGT is presently performing the salary study and identifying appropriate data sources, competitive recruitment markets, and performing the benefits survey. Meanwhile members of management are defining the College’s compensation philosophy, mission, goals, and objectives so we can develop future compensation strategies as long-term solutions.
In an email dated Dec. 3, 2012, from Vice Chancellor of Human and Organization Development, Gail Lawrence expressed to all TSTC employees:
We’ve recently enjoyed a time of Thanksgiving when we are able to join together with family and friends, pause and reflect on the people and things that are important to us. Likewise, the TSTC management team wanted to you to be reminded of how important you are to us, and most importantly to the students and industries we serve.
We are committed to updating you as phases of the compensation study and plan are accomplished. In addition to keeping you informed through email and through your college leaders, our compensation strategy status updates can be found here at the HOD website at: www.tstc.edu/systemoffice/yourpay.