Cost of living adjustment

Question

Are non-exempt staff getting a cost-of-living-adjustment this year?

Response

The FY17 budget approved by the Board of Regents on June 3 provides a 2.5 percent increase for all non-represented staff. 

The 2.5 percent increase will come in two parts. First, 1.5 percent will be added to the base on the salary grid. Second, each employee moving up an annual step will receive a 1 percent increase. This is effective July 10, 2016 and employees will see the increase in their August 5th paycheck. 

Employees at step zero or the top step (55) will receive the 1 percent in a one time lump sum payment.

More information about University of Alaska employee compensation is available at www.alaska.edu/classification/.