B4
Agenda Item Background
| To: | Board of Regents Finance Administration | Date: April 25, 2014 |
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| From: | Ms. Anita Lockridge, Vice President for Finance Administration | |
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| Subject: | Human Resources Update | |
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| Reason for Consideration: | Informational Item | Enclosures: No |
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Human Resource Services has initiated and continued several significant projects for the University as described below:
The faculty and staff Classification and Compensation systems review project (C&C) is proceeding with the collection position description questionnaires (PDQ) completed by non-faculty employees. All PDQs will be provided to the project consultant, Dr. James Fox, of Fox Lawson & Associates.
The university's employee benefits broker, Neace Lukens, obtained renewal quotes for employee health, dental and vision insurances. Quotes were received from the incumbent providers as well as multiple alternate carriers and the results were presented to the Employee Benefits Advisory Committee. A recommendation to retain all incumbent providers was made to the Cabinet. The Cabinet approved the recommendation so planning for the annual open enrollment to take place in the spring has commenced.
Through retirement vendor Valic, Human Resources participated in the Kentucky State Extension Conference. The Valic representative provided the KSU Extension employees with retirement planning guidance.
By review of existing information as well as addition of updated information, Human Resources participated in the conversion of the university's website.