April 7, 2016
Good morning CAM faculty and staff,
As you may have read in the April 7, 2016 CU Connections the University of Colorado Board of Regents approved a non-base- building salary pool for eligible employees at CU Denver for fiscal year 2017 (July 1, 2016- June 30, 2017). This means that this will be a one-time raise.
Why a one-time raise and not a raise that is permanent? CU Denver did not hit our enrollment goals for the current academic year, and 85% of our budget comes from tuition. This is one reason that I have been reminding everyone of the critical importance of not just recruiting—but assuring an increase in yield (the students whom we can count as enrolled on the census date—about 2 weeks after the Fall semester begins) funds the budget that is set in advance of the academic year.
I encourage you to continue to discuss and consider how you and your role can strengthen our efforts to reach out to the 700+ admitted students to encourage them to look carefully at their college choice and consider the many benefits of attending CAM. We have members of our team focused on these efforts, but they cannot do it alone – we each have a critical role to play in ensuring that admitted students become enrolled students. Our outreach and engagement efforts have increased the number of admits by 61%, but we’ll need all of us – faculty and staff – to “close.”
Erin Hutchinson, CAM’s Assistant Dean for Finance and Administration, is working with the budget and finance offices to gather information from central campus so the College of Arts & Media may determine how and when CAM’s share of the non-base-building, merit-based salary pool will be distributed to CAM faculty and staff. Merit-based salary pools must be approved by the Board of Regents and are based on the campus’s ability to fund a pool. Typically, salary pools are allocated at the discretion of the Dean and are based on merit scores earned during the preceding performance review cycle.
Stay tuned for more information and thank you for your hard work and dedication to the University of Colorado Denver’s College of Arts & Media.
Laurence D. Kaptain, DMA and FRSA Dean, College of Arts & Media University of Colorado Denver