Campus HR and the Provost鈥檚 Office send compensation increase rosters to Employee Services for upload to the payroll system.
Regular faculty, research faculty, and university staff annual pay increases are implemented (January 1).
Performance cycle begins for regular faculty (January 1).
Salary increase notifications are emailed from campus HR to eligible employees by the end of the month.
Campus HR publishes updated university staff pay ranges if changes have been made for the upcoming year (January 1).
Campus Budget & Fiscal Planning allocates support unit general fund budget for Faculty & University Staff
FEBRUARY
Faculty Report on Professional Activities (FRPA) for the previous calendar year is due (February 1).
CU Board of Regents budget and fee meeting 鈥� campus funding request is presented by Budget & Fiscal Planning
Budget & Fiscal Planning updates Planning Parameters with projected compensation impacts to assist with unit planning for following fiscal year
APRIL
CU Board of Regents approve campus budget including any annual employee compensation increases.
Campus HR refreshes salary survey data used for setting university staff pay ranges.
MAY
State of Colorado releases new fiscal year classified staff pay plan effective July 1.
JUNE
Campus HR works with Employee Services to upload classified staff and/or minimum wage pay increases to the payroll system.
JULY
Classified staff annual pay increases are implemented (July 1).
New fiscal year classified staff pay ranges are effective July 1 (as set by the state of Colorado).
Campus minimum wage increases are implemented if applicable (July 1).
Performance cycle begins for university staff and research faculty (July 1).
Salary increase notifications are emailed from campus HR to eligible employees by the end of the month.
Budget & Fiscal Planning allocates support unit general fund budget for Classified Staff
AUGUST
Performance cycle begins for classified staff (August 1).
SEPTEMBER
Deadline for new hires to be eligible for January 1 pay increases (Sept. 1).
Annual compensation report for classified staff for the next fiscal year is released by the state of Colorado.
Performance evaluations due for classified staff, university staff and research faculty (September 15).
Campus HR completes staff pay equity review to inform October budget recommendations (every 2 years).
OCTOBER
Performance plans due for classified staff, university staff, and research faculty (October 15).
Campus HR provides employee compensation recommendations and priorities for the next fiscal year to the Chief Financial Officer and the Chief People Officer (October 1).
October 1 recommendations will include, if applicable:聽
Range structural adjustments聽
Range progression increases聽
Across-the-board and/or merit-based increases聽
Compression increases聽
Pay equity mitigation聽
NOVEMBER
Deadline to complete university staff and research faculty employee pay changes to remain eligible for a January 1聽pay increase.
DECEMBER
Faculty, research faculty, and university staff compensation rosters finalized for January pay increase upload to HCM.