Process for Recommendations Regarding Compensation and Benefits Items. Through Governing Board Policy 2.7 Staff Compensation and Benefits, the Board directs the Chancellor to “implement an employee classification and compensation strategy and benefit plan that align with MCCCD’s Compensation Philosophy” and to “attract, retain, and promote a high-quality diverse workforce through competitive and progressive pay structures that are externally competitive at the market median, internally equitable, and support a fiscally responsible pay and benefit program.” Residential and Adjunct Faculty have voice in shaping the Strategic Compensation Plan through participation in the Compensation Advisory Committee. Residential Faculty have voice in shaping the benefits program through participation in the Employee Benefits Advisory Committee. These committees may bring forward recommendations to FACT including but not limited to: • cost of living adjustments • steps • professional growth funding • flex benefits informed by financial forecasts, fiscal constraints, and market salary studies and in compliance with legal and policy requirements. Memoranda of Understanding may be used as appropriate to facilitate compensation and benefit policy changes aligned with the Strategic Compensation Plan and Governing Board Policy 2.7. Changes documented in Memoranda of Understanding will be integrated into the next version of the Faculty Agreement, as appropriate.
Appears in 2 contracts
Samples: Faculty Agreement, Faculty Agreement
Process for Recommendations Regarding Compensation and Benefits Items. Through Governing Board Policy 2.7 Staff Compensation and Benefits, the Board directs the Chancellor to “implement an employee classification and compensation strategy and benefit plan that align with MCCCD’s Compensation Philosophy” and to “attract, retain, and promote a high-high quality diverse workforce through competitive and progressive pay structures that are externally competitive at the market median, internally equitable, and support a fiscally responsible pay and benefit program.” Residential and Adjunct Faculty have voice in shaping the Strategic Compensation Plan through participation in the Compensation Advisory Committee. Residential Faculty have voice in shaping the benefits program through participation in the Employee Benefits Advisory Committee. These committees may bring forward recommendations to FACT including but not limited to: • cost of living adjustments • steps • professional growth funding • flex benefits These recommendations are informed by financial forecasts, fiscal constraints, and market salary studies and in compliance with legal and policy requirements. Memoranda of Understanding may be used as appropriate to facilitate compensation and benefit policy changes aligned with the Strategic Compensation Plan and Governing Board Policy 2.7. Changes documented in Memoranda of Understanding will be integrated into the next version of the Faculty Agreement, as appropriate.
Appears in 1 contract
Samples: Faculty Agreement
Process for Recommendations Regarding Compensation and Benefits Items. Through Governing Board Policy 2.7 Staff Compensation and Benefits, the Board directs the Chancellor to “implement an employee classification and compensation strategy and benefit plan that align with MCCCDthe District’s Compensation Philosophycompensation philosophy” and to “attract, retain, and promote a high-high- quality diverse workforce through competitive and progressive pay structures and benefit practices that are externally competitive at the market median, internally equitable, and support a that are fiscally responsible pay and benefit programresponsible.” Residential and Adjunct Faculty have voice in shaping the Strategic Compensation Plan through participation in the Compensation Advisory Committee. Residential Faculty have voice in shaping the benefits program through participation in the Employee Benefits Advisory Committee. These committees may bring forward recommendations to FACT RFACT including but not limited to: • cost of living adjustments • steps • professional growth funding • flex benefits These recommendations are informed by financial forecasts, fiscal constraints, and market salary studies and in compliance with legal and policy requirements. Memoranda of Understanding may be used as appropriate to facilitate compensation and benefit policy changes aligned with the Strategic Compensation Plan and Governing Board Policy 2.7. Changes documented in Memoranda of Understanding will be integrated into the next version of the Residential Faculty Agreement, as appropriate.
Appears in 1 contract
Samples: Residential Faculty Agreement