In accordance with Board Policy, the ACC HR Compensation Team conducts a Non-Faculty Market Study every two years in the odd year. The Non-Faculty Market Study will be conducted for all non-faculty staff positions in Spring 2021 for implementation in FY22 (September 1, 2021).
A Market Study Review Committee will be formed in late February consisting of 4 members from the ACC Classified Employees Association, 4 members from the Association of Professional-Technical Employees and 4 Administrators (appointed by the President).
The Market Study enables ACC to verify and make needed market adjustments and ensure market competitive salaries. Market competitive salaries are important tools to recruiting and retaining needed talent.
Market survey data will be used from the following sources:
Surveys will be aged to a common date of 9/1/2021. The Employment Cost Index (ECI) as published by the Bureau of Labor Statistics, Wages & Salaries, National – State/Local Government Works, Schools (includes community colleges) for the 12 months ended December 2020 will be used as the aging factor. This source for the aging factor has been used consistently in previous market studies.
Also consistent with prior market studies, jobs will be matched by function and purpose using an 80% - 120% job match criteria. In the case of the Market Study, ACC jobs that meet the match criteria and are able to be priced using the market survey data sources will be considered benchmark positions. Benchmark positions are defined as jobs that are found in the marketplace and represent a good cross-section of the institution (i.e. Accountant, Groundskeeper, Buyer, Advising Specialist, etc.).
Benchmark reviews will be conducted by the ACC Compensation Team and the Market Study Review Committee. Additional analysis of benchmark links and overall compensation structure will be conducted by the ACC Compensation Team.
Final recommendations for market changes will be presented to the Chancellor’s Cabinet and included in the proposed FY22 Budget which will be voted on by the ACC Board of Trustees in early July, 2021. Any salary changes for employees resulting from the Market Study will be implemented September 1, 2021 and seen in paychecks at the end of September for FY22.
If you have questions, please contact the HR Compensation Team at email@example.com.