Compensation & Benefits
- Policy Type: Executive Limitations
- Policy Title: Compensation and Benefits
- Policy Number: 3.3
- Office Responsible: CEO
- Related Policies: N/A
- Related Procedures: N/A
- Related Laws: Michigan Community College Act; Michigan Public Employees Benefit Act
- HLC Criterion: 2A
Policy Statement
The CEO shall create and sustain a compensation and benefit system that enables the
College to attract and retain high-quality employees without jeopardizing the fiscal
integrity of the College.
Accordingly, the CEO shall not:
1. Change his or her own compensation and benefits.
2. Promise or imply permanent or guaranteed employment.
3. Establish compensation and benefits that:
a. Create obligations over a term that cannot be sustained by projected revenues
b. Exceed parameters established by the Board
c. Cause unfunded liabilities to occur
d. Violate federal or state law
4. Fail to implement processes to address conflicts of interest in hiring of employees, consultants and contract workers.
Change Log
- 04-17-2018 Initial policy approved by Board to become effective 7/1/2018
- 07-01-2018 Effective date of initial policy
- 04-28-2020 Revised; no change