IMPORTANT NEWS AND UPDATES
Attn: Classified Employees
The classified open enrollment period is here.Open Enrollment period for CLASSIFIED EMPLOYEES: Apr 26 to May 16, 2016. For more information click here.
Exempt Compensation Project
Decision Banding Method Overview PDF
Band Placement PDF
DBM Proposed Structure PDF
Previous Communications on Exempt Compensation Project
In 2012 we created our Compensation Identity Plan, one of the university’s nine core plans, in which we articulated a multi-year approach to compensation. In our plan, we determined that compensation decisions will be made using the following three principles:
1. To fulfill our promise of transformative education to students, we must be competitive in the local and national market for talented faculty and staff.
2. We will be forthright with current and prospective employees about where we fit in the market, so they can make informed career decisions.
3. We will address compensation considerations as a central component of the budget process rather than as an afterthought.
As we have been implementing the compensation identity plan, exempt compensation questions about internal equity and external parity arose, and it became clear that additional work needed to be done in this area. In response to that need, we have partnered with Fox Lawson Associates to conduct a job classification and compensation study of our professional exempt classification of employees. For a summary of the project and an announcement of the first employee meeting on February 25th, click on the PDF link below.
Communications #1 PDF
Communications #2 PDF
1095-C Health Insurance Statements Available in URSA
Beginning this year, the federal Affordable Care Act requires an employer to provide each employee by March 31 a Form 1095-C that indicates whether the employer offered the employee health coverage for the 2015 tax year, if that coverage was affordable under ACA standards and the cost of the health coverage.
The electronic version of your 1095-C is now available by going into the Employee tab in Ursa. Click on Banner Self Service, Employee, Tax forms, and then select 1095 Employer-Provided Health Insurance Offer and Coverage Statement. If you have not previously chosen the Electronic Consent, it will prompt you to do that before you can view the form.
Hard copies of the form will be mailed to your mailing address no later than March 21. Keep in mind that you will also be receiving a 1095-B form from your insurance provider which will contain part III of the form. For more information on these tax forms go to https://www.irs.gov/uac/About-Form-1095-C.
If you have questions or any problems printing the form, please contact Human Resources at 970-351-2718.