Classified staff at the University of Colorado will receive a 2.5 percent cost of living adjustment effective July 1, 2014.
- The adjustment will be base-building compensation unless the classified staff member is at or above the pay-range maximum.
- If a portion of the 2.5 percent increase can be applied as base-building compensation to reach the pay-range maximum, the remaining amount will be paid as a one-time, non-base building payment in the July 31 paycheck.
- Individuals who are at or above the pay-range maximum will receive the entire 2.5 percent as a one-time, non-base building payment in the July 31 paycheck.
Classified staff also will receive a merit increase based on the merit matrix below. Depending on the performance score and employee’s salary placement in the pay-range quartiles (after the 2.5 percent cost of living increase), a merit percentage will be applied to the base compensation. For those individuals in the fourth quartile, the merit will be paid as a one-time, non-base building payment.
|Performance Ratings||Quartile 1||Quartile 2||Quartile 3||Quartile 4|
Each year, the state of Colorado Department of Personnel and Administration (DPA) conducts an external survey to measure and compare salaries and benefits offered to classified employees. Findings are used to develop the recommendations that are submitted to the governor for use in the state’s budget-setting process.
If you are interested in learning more about the salary survey process that the DPA conducts, informational sessions are scheduled from 10 a.m. to noon and 1 p.m. to 3 p.m. May 30 in the first floor conference center at 1525 Sherman Str., Denver. Handouts for the sessions will be posted on www.colorado.gov/dhr/compensation by May 27.