Finance and Business Committee July 26, 2013 10:00 a.m. Board Room – Academic Services Building Frankfort, Kentucky Agenda Item Background

Background:

• Human Resource Services has initiated and continued several significant projects for the University as described below:
• Responses to the Request for Proposal for the review of the faculty and staff compensation and classification systems have been received and a representative review committee has been formed. The committee will review the responses and recommend which bidder(s) should be invited to campus for interview/discussion/questions and answer session(s).
• The annual benefit renewal and open enrollment for fiscal year 2014 was completed in May for a July 1, 2013 effective date.
• We continue to monitor the responsibilities and deadlines with which Kentucky State University must comply regarding the Affordable Health Care Act (ACA). The next milestone will be the mandatory issuance of a Notice to Employees of Coverage Options which must be issued to all employees no later than October 13, 2013.
• Performance evaluations for the period of July 1, 2012 through June 30, 2013 are due in the Office of Human Resources by August 16, 2013.
• Two payroll ghost audits are being planned to ensure that all individuals receiving a paycheck are active Kentucky State University employees. Staff will be audited during July 2013 while faculty and students will be audited during October 2013.