1. Purpose of Committee
The Committee reviews all aspects of “total compensation” of APSA members including: pay, health and welfare benefits, hours of work, pensions and any other perquisites in addition to considering the policies and practices of the University in relation to the foregoing.
Ultimately the work of the TCRC is aimed at preparing APSA to help SFU conduct a market salary survey to determine where SFU compensation stands with respect to the 60th percentile of a representative comparator market.
2. Membership of Committee
The Committee, with consulting support, will include members and staff with the specific intent of representing interests in a variety of departments while at the same time bringing the best minds and experience to bear on the issue.
3. Reporting Relationship
The Committee reports to the Board, supplies information and advice to the APSA reps on the Joint Compensation Review Committee and provides general information to the membership.
4. Committee Decisions
The Committee will attempt to achieve consensus on important issues but, where that is not possible, major decisions will be made by majority vote.
Learning’s of the Committee will be compiled into regular reports for the Board and the Membership and will at least include:
(a). A summary of the work plans and progress of the Committee, its findings, including identification of any priority items. Specific attention will be paid to achieving our goals within the best possible cost structure and recognizing the current PSEC guidelines.
(b). Updates on,
- plans for orderly implementation of the recommendations in stages over time and how best to accomplish these,
- explanation of why the recommendations are being made,
- a cost/benefit analysis which specifically addresses recruitment, retention and development of staff and identifies any items as having a cost, being cost neutral or as generating savings and,
- how recommendations address issues of member needs, equity, fairness and efficiency.