Fiscal Year 2023-24 Staff Mass Salary Update Guidelines
To assist departments in preparing their annual operating budgets, UNM administration is releasing the following updated guidelines for staff compensation increases for Fiscal Year 2023-24. Consistent with the UNM 2040 Strategic Framework and UAP 3500: Wage and Salary Administration, these guidelines apply consistently to regular staff employees at all campuses and all funding sources.
Mass Salary Update
Departments should determine staff salary increases based on the following guidelines:
- All eligible staff employees will receive a 6% salary increase.
- Contingent on sufficient internal funding, departments may provide increases above 6%, but not greater than 9%, to address equity, market competitiveness, performance, retention, or salary compression.
- Departments must use consistent criteria for determining additional increases and maintain internal documentation supporting their increase decisions. Examples of criteria to determine increases above minimum may include:
- The extent an employee’s education and job-related experience exceed the minimum requirements for their position.
- The extent an employee’s salary level trails market (salaries below the midpoint of the grade).
- Exceptional performance on goals or job responsibilities as documented in an employee’s performance evaluation.
- Salary, compression, and internal equity recommendations based on HR’s Salary Placement and Equity Tool (SPET).
- To be eligible for July 1 increases, staff must meet the criteria below:
- Employees must have been hired prior to January 1, 2023 and will have completed their probation period prior to July 1, 2023.
- Employees must not have received a “Not Successful” Overall Job Responsibilities or Overall Goal rating on their 2022 Performance Evaluation.
- Increase requests for staff who do not meet these eligibility requirements are subject to approval by the appropriate Executive Vice President.
- Salary increases for bargaining unit employees are subject to the applicable collective bargaining unit agreement.
- All salary increases must be entered into the UNM Salary Planner system prior to published deadlines.
- Human Resources will make any required updates to job records where Salary Planner reflects an increase of less than 6% and departments have already locked.
- I&G-funded units are required to use their entire compensation allocation to support salary increases.
- Increase guidelines for main/branch campus faculty will be issued by the Office for Academic Personnel.
- Increase guidelines for Health Sciences faculty will be issued by the respective Health Sciences school/college.