KCTCS Board of Regents Policies
Compensation of Non-Banded Employees/Executive Level CompensationPolicy Number: 2.11 Current Effective Date: 12/03/2021 Original Effective Date: 12/03/2021 Revision Dates: 0 Revision Number: 0 Revision Summary: new policy Responsible Official: Board of Regents and KCTCS President References: KRS 164.365, Board Procedure 2.11-P 1. PurposeIn support of the Kentucky Community and Technical College System&s mission, vision and values, this policy sets compensation ranges for executive level employees. The goals of this policy are to promote transparency, to ensure compliance with the statutory duties of the Board of Regents, and to attract and retain highly qualified, talented, and diverse employees for the students of this Commonwealth. 2. ScopeIn accordance with KRS 164.365, the Board of Regents shall establish the compensation and benefits of executive level employees, specifically College Presidents and Cabinet Members of the System Office. This policy does not apply to the KCTCS President&s salary as this salary is established by the Board at the time of hire based on market research and any increases thereafter are set by the Board based on performance evaluation and current market standards. 3. PolicyTo effectively exercise its statutory obligation, the Board shall require the creation and implementation of official Board Procedure(s) outlining the ranges for salaries and supplemental compensation of executive level employees. The KCTCS President shall follow the ranges for salary and supplemental allowances set forth in the official Board Procedures in determining the compensation and benefits of executive level employees. The KCTCS President may only deviate from the established ranges for salary and allowances set forth in the Procedures by providing prior written justification to the Board. The Procedure(s) shall, at a minimum, include:
This policy allows for the KCTCS President to take action regarding salary increases, overloads, allowances and any other compensation in between Board meetings while ensuring the Board is fully informed about executive level compensation. 4. ProcedureBoard Procedure 2.11-P implements this policy.
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