Employee Compensation

Colorado College strives to provide the finest liberal arts education in the country to a diverse community of students. Achieving this mission requires an equally diverse group of highly qualified employees who are fairly compensated for their contributions to our community. Our compensation philosophy centers on several key commitments:   

  • Integrating livable wage principles into decisions
  • The belief that compensation should contribute to our mission by helping to retain our current employees and attract new ones
  • Equity drives retention and supports our anti-racism commitment
  • Compensation decisions must be sustainable over time 

Colorado College uses market analysis and compensation bands as part of the compensation process.  

Compensation-Flowchart.JPG

 

Staff Salary Structure (Pay Bands and Salary Ranges)

Staff Salary Structure 2023-2024 (click to expand)

Effective July 1, 2023

 

 Band 
 
Quartile 1
 
Quartile 2
 
Quartile 3
 
Quartile 4
1**

Annual:*

Hourly:

$26,128 to $29,393

$12.56 to $14.16

$29,394 to $32,660

$14.13 to $15.69

$32,661 to $35,925

$15.70 to $17.26

$35,926 to $39,192

$17.27 to $18.84

2**

Annual*:

Hourly:

$29,458 to $33,508

$14.06 to $16.11

$33,509 to $37,559

$16.11 to $18.05

$37,560 to $41,608

$18.06 to $19.99

$41,609 to $45,660

$20.00 to $21.95

3**

Annual*:

Hourly:

$33,225 to $38,208

$15.97 to $18.37

$38,209 to $43,193

$18.37 to $20.76

$43,194 to $48,176

$20.77 to $23.15

$48,177 to $53,160

$23.16 to $25.56

4**

Annual*:

Hourly:

$38,209 to $43,939

$18.37 to $21.12

$43,940 to $49,682

$21.13 to $23.87

$49,673 to $55,402

$23.88 to $26.63

$55,403 to $61,134

$26.64 to $29.39

5**

Annual*:

Hourly:

$43,111 to $50,116

$20.73 to $24.09

$50,117 to $57,123

$24.09 to $27.45

$57,124 to $64,127

$27.46 to $30.82

$64,128 to $71,134

$30.83 to $34.20

6**

Annual*:

Hourly:

$49,578 to $57,634

$23.84 to $27.71

$57,634 to $65,691

$27.71 to $31.57

$65,692 to $73,746 

$31.58 to $35.45

$73,747 to $81,804

$35.46 to $39.33

7

Annual*:

Hourly:

$58,392 to $68,610

$28.07 to $32.99

$68,611 to $78,829

$32.99 to $37.89

$78,830 to $89,047

$37.90 to $42.80

$89,048 to $99,266

$42.81 to $47.72

Annual*:

Hourly:

$70,070 to $82,332

$33.69 to $39.58

$82,333 to $94,595

$39.58 to $45.47

$94,596 to $106,856

$45.48 to $51.36

$106,857 to $119,120

$51.37 to $57.27

9

Annual*:

Hourly:

$82,556 to $98,034

$39.69 to $47.13

$98,035 to $113,514 

$47.13 to $54.56

$113,515 to $128,992

$54.57 to $62.01

$128,993 to $144,472

$62.02 to $69.46

10

Annual*:

Hourly:

$103,194 to $122,542

$49.61 to $58.91

$122,543 to $141,892

$58.92 to $68.21

$141,893 to $161,240

$68.22 to $77.51

$161,241 to $180,590

$77.52 to $86.82

11

Annual*:

Hourly:

$131,757 to $158,108

$63.34 to $76.01

$158,109 to $184,460

$76.01 to $88.67

$184,461 to $210,811

$88.68 to $101.34

$210,812 to $237,163

$101.35 to $114.02

12

Annual*:

Hourly:

$174,752 to $211,885

$84.02 to $101.87

$211,886 to $249,021

$101.87 to $119.71

$249,022 to $286,155

$119.72 to $137.56

$286,156 to $323,291

$137.57 to $155.43

 

*Annual amounts assume a full-time, 12 month schedule

New hire range is typically in the first quartile, depending on experience and education

**Update September 2022: We have established the following practical minimums for Pay Bands 2 through 6. This is the minimum rate that will be paid for a position in the following bands.

  • Band 2: $17.00 per hour
  • Band 3: $18.00 per hour
  • Band 4: $19.25 per hour
  • Band 5: $22.00 per hour
  • Band 6: $24.50 per hour

 

Faculty Salary Structure

Faculty Salary Structure 2023-2024 (click to expand)

Effective July 1, 2023

Approved by Dean Emily Chan

Tenure Track/ Tenured

Assistant Professors
Majority of Assistant Professors  $85,000 to $96,000 
Associate Professors
Majority of Associate Professors  $98,000 to $113,000
Full Professors
Majority of Full Professors $114,000 to $175,000 

 

Year Long Visitors

Instructor
(non-terminal Master's, ABD or without Ph.D.

$58,000 to $62,000

Ph.D. or terminal degree

$63,000 to $65,000

 

Block Visitors
(amount per block of teaching)

Master's or Less
(no pursuit of Ph.D. or comparable terminal degree) 
$5,050
Pursuing Ph.D. or terminal degree  $5,250 
Pursuing Ph.D.
(ABD, within a year of completion)
$5,450
Assistant Professor
(has received Ph.D., within 1 to 3 years of earning it)
$5,650
Assistant Professor
(4 to 6 years in rank)
$5,950
Assistant Professor
(7+ years in rank)
$6,250
Associate Professor
(1 to 3 years in rank)
$6,450
Associate Professor
(4 to 6 years in rank)
$6,750
Associate Professor
(7+ years in rank)
$7,050
Full Professor
(1 to 4 years in rank)
$7,250
Full Professor
(5 to 10 years in rank)
$7,450
Full Professor
(10+ years in rank)
$7,650

*for all ranks of Block Visitors, a practitioner's equivalent amount of experience will be considered where rank is not applicable.  Examples include, but are not limited to - Filmmakers, Dancers, etc.

Placing an individual in a Band

At the time of hire individuals are placed between the minimum and midpoint of a band based on their level of experience and qualifications for the position. CC uses pay bands because the structure provides flexibility in recognizing the unique experience of each candidate, while also providing guidelines for consistency and equity.

Band-Placement.JPG

 

Annual Movement in band:

An individual may move in their band over time as a result of annual increases. The budget for that increase is determined using the following process. Then, various stakeholders work together to determine how best to use that budget in alignment with our compensation philosophy.

Annual-Pay-Change.JPG

Report an issue - Last updated: 03/11/2024