TERRE HAUTE —
Indiana State University staff and faculty who meet performance expectations will receive a 2 percent across-the-board pay raise this year.
On Friday, the board of trustees approved pay increases, which are included in a new staff salary schedule.
“Continued growth in enrollment and prudent budget planning permit the university to provide this increase,” university President Dan Bradley said in a news release.
“Improving compensation is an important part of our efforts to recruit and retain great employees, and I am pleased that we are able to increase salaries despite continuing financial challenges,” Bradley said.
The increase will be effective Nov. 1 for employees in good standing who were hired prior to June 30.
Eligible employees will see the increase reflected in paychecks as of Nov. 15, for those paid bi-weekly, or Dec. 1, for those paid monthly.
According to Diann McKee, vice president for business affairs, “Compensation is a priority of the university and a priority in our strategic plan. We have undergone various reallocations as part of our budget planning effort to make such an increase possible.”
To receive the increase, support staff must have a good performance rating.
Faculty are undergoing a separate performance review and will fall under one of three categories: exceeds expectations, meets expectations or doesn’t meet expectations.
Those faculty who meet or exceed expectations receive the 2 percent increase, said Provost Biff Williams. Those who exceed expectations also benefit from additional dollars beyond the 2 percent.
For faculty who don’t meet expectations, “There is a pool of money to help them develop a plan so they can meet expectations,” Williams said. “It’s really rewarding everybody, in that if you are not meeting expectations, there will be some resources to help you become better.”
Bradley also reported to trustees that more than two/thirds of ISU’s 1,500 benefits-eligible employees have signed up for a new wellness program that involves the completion of an online questionnaire and a screening. The screening includes checks of weight, height, blood pressure, glucose and cholesterol levels.
“There is definitely a greater awareness of our numbers on campus, and not just the numbers of students,” Bradley said.
The program is designed to identify health problems and risks in time to address them before they become severe. Participating employees will receive a $30 per month discount on health insurance premiums in 2014.
Health screenings had been scheduled to end on Friday, but due to high demand, the timeframe has been extended until Oct. 10.
“I know that over time this will have a positive impact on our health care costs,” benefiting both the university and individual employees, Bradley said.
Trustees will be asked in December to approve health coverage rates that reflect the wellness incentive discount along with a $50 per month surcharge for tobacco users.
Trustees on Friday endorsed the proposed donation to the university of property west of U.S. 41. The board granted the university treasurer authority to negotiate with The Sherwin Williams Company and sign an agreement for the donation of 2.66 acres of property containing a former MAB paints factory.
The property is near the site where the university’s long-range facilities master plan calls for the eventual construction of a new football stadium.
Sue Loughlin can be reached at 812-231-4235 or firstname.lastname@example.org.