The board should consider total compensation received by comparable institutions, rather than just cash compensation, when deciding on future salary increases for executives, faculty, and other employees. The university should work with interested parties, such as the commission and the legislative analyst, to develop a methodology for comparing itself to other institutions that considers total compensation. If the university believes it needs a statutory change to facilitate its efforts, it should seek it.
The CSU contracted Mercer Consulting to survey comparable institutions to obtain total compensation data to determine pay/salary increases. (See 2011-041, p. 32)
Agency responses received after June 2013 are posted verbatim.