The UCF Board of Trustees met Thursday at the Fairwinds Alumni Center to discuss and to approve a variety of proposals ranging from employee compensation to termination of degree programs.
The Compensation and Labor committee discussed employee pay at UCF.
Led by UCF Human Resources, the project titled the “Classification and Compensation Project” evaluated the positions and pay of 3,500 university employees.
As a result of the findings from the project, UCF Human Resources proposed redesigning the university’s job classification, including changing the job titles for UCF’s administrative and professional employees and university support personnel system employees.
According to UCF Human Resources, this redesign would require UCF increasing these employees' pay to meet the current job market value.
The board unanimously voted to approve the plan.
Associate Vice President and Chief Human Resources Officer Maureen Binder spoke about the impact of the project.
“It’s more important than ever that we’re able to attract and retain top talent to go along with our ability to offer excellence here at the University of Central Florida,” Binder said at the meeting. “This study really shows that we have quite a few areas in which our minimum starting salaries were way below the market rate.”
As a result, the department planned to use the findings in the study to help shape the university’s employee compensation structure.
“What we intend to do is through this study set new salary grades and ranges to bring employees in those categories to market rate,” Binder said. “The new compensation system will offer competitive market base structure and we will also adopt policies to pay employees that will be fair and consistent and transparent across our structure.”
The fiscal impact is expected to be between $5 million and $6 million.
Interim President Thad Seymour Jr. said he supported the project, and it was important to UCF’s overall strategy to not only attract employees but to retain them.
The project] came to me the very first week on the job and in my mind [it] was a no brainer; we just had to figure out how to solve it,” Seymour said. “As pointed out it does create a drag on our budget in the range of [$5 million to $6 million] per year. Our leadership team felt this was in that category of a must do, the right thing to do, and we then in the budget process will figure out how to absorb that.”
The board also unanimously approved the Educational Programs committee's proposal to terminate of the bachelor's degree program for athletic training effective spring 2021.
In place of having the bachelor's degree, the board approved the athletic training program faculty in 2017 to create a new master's degree program to begin operations this summer.
After a long discussion, the board also approved the hire of five tenured faculty members, with Trustee David Walsh being the only board member to vote against the measure.
The next Board of Trustees meeting will be held July 18 at the Fairwinds Alumni Center.