VERSAILLES, Ky. — The Kentucky Community and Technical College System (KCTCS) Board of Regents continued to delve into salary and other compensation, including a review of all benefits offered. Data is being analyzed to determine benchmarking of specific faculty and staff positions in different areas of the state to determine any adjustments needed.
“The Board of Regents is very cognizant of the systemwide compensation situation and is working with staff to find ways to improve compensation for our hard-working employees,” Board Chair Lisa Desmarais said. “Unfortunately, this is not an easy fix or an overnight fix, but this is at the top of the board’s priority list.”
In recognition of the outstanding work performed by KCTCS employees, the board approved a one-time employee appreciation award of $500 for each regular full-time and regular part-time employee, employed as of November 1, 2021.
The board also received an internal audit report, approved a financial audit and a biennial budget request.
- Dean Dorton reported on the first phase of its internal audit. The review found no high-risk issues. Dean Dorton will continue its audit through the end of the fiscal year, which ends June 30, 2022.
- Crowe, LLP, found the system’s financial position remains solid. The board accepted this audit, which Chair Desmarais called “stellar.”
- A biennial budget request for operating and capital budgets for 2022-2024.
Policy revisions that were discussed and/or ratified include:
- Expediting college program approval.
- Establishing hiring qualifications and credentials for the KCTCS and college presidents.
- Establishing salary bands for executive-level positions.
- Making a change to the Other Postemployment Benefits (OPEB) trust for retiree benefits that was established in 2013.
In other business, the board:
- Approved new programs for Madisonville Community College:
- Aviation Maintenance Technology – 1 Associate of Applied Science, 1 Diploma, 3 certificates
- Diesel Technology – 1 Associate of Applied Science with three tracks, 3 Diplomas, 13 certificates
- Ratified 12 additional certificate programs.
- Approved 6,349 academic credential requests between July 17, 2021 – October 1, 2021 (associate degrees, diplomas, and certificates). These credentials include:
- 3,931 candidates for certificates;
- 363 candidates for diplomas; and
- 2.055 candidates for associate degrees.
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