Monday, July 27, 2015

President Says Missouri State University Still Trying to “Catch up” Employee Compensation, but Pleased with New Budget - SCOTT HARVEY, KSMU

Missouri State University President Clif Smart says the top priority in the recently passed budget for the 2015-2016 fiscal year was giving the school’s employees a raise. “We had a three year period where no one got an across-the-board raise. There was obviously inflation during those years. And so when you factor that in we haven’t caught up yet… we’ve been working over the last three years to try to catch up. And by that I mean trying to do compensation increases that were more than inflation.” He notes the school hasn’t caught back up just yet, but this year’s 1.8 percent increase is double the .8 percent rate of inflation for 2014. http://ksmu.org/post/smart-says-msu-still-trying-catch-employee-compensation-pleased-new-budget

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