The CSU deeply values its faculty and is committed to investing in compensation to ensure the hundreds of thousands of students enrolled in the CSU will continue to receive a quality education. For the last two years, the CSU has invested more than $129.6 million to enhance employee compensation, including $65.2 million in compensation increases for faculty. Another $65.5 million in salary compensation increases for faculty and staff is slated for 2015-16. The CSU stands with our faculty in advocating for additional resources from the Governor and the Legislature. THE CSU IS COMMITTED TO INVESTING IN EMPLOYEES. Faculty received pay increases in 2013-14 and 2014-15. In 2013-14, most employees received a 1.34% salary increase. Faculty received a 1.34% compensation pool increase. Executives (Chancellor, Presidents, Vice Chancellors) did not receive an increase. In 2014-15, all employee groups received a 3% compensation pool increase. The 3% pool for faculty equated to $46 million and included: An increase for all faculty members of at least 1.6%. Increases for about 9,300 faculty members of 4.6%. An additional $2 million distributed to about 2,900 tenured and probationary faculty member with salaries below benchmark levels after the application of other increases. $65.5 million has been set aside in the 2015-16 budget to fund a 2% compensation pool for all employee groups. FACULTY CONTINUE TO RECEIVE ADDITIONAL PROMOTIONAL SALARY INCREASES, RANGE ELEVATIONS AND MARKET INCREASES. When promoted, faculty receive a minimum salary increase of 7.5%. 45% In 2013-14, 45% of promoted faculty received more than a 7.5% increase. In 2014-15, 75% of promoted faculty received more than a 7.5% increase. THE CSU INVESTS IN PREMIUM BENEFIT PACKAGES AND PAYS FOR INCREASES IN HEALTH/WELFARE BENEFITS. Employee salaries were held constant from 2007-12 due to declining state support during the recession. CSU faculty were the only group that received any general salary increase during this time—a 2% increase in 2008. During this time, the CSU continued to pay for increases in health/welfare benefits and retirement contributions. In 2015-16, the CSU's costs of healthcare premiums and retirement contributions increased by $77.3 million. THE CSU INVESTS $108,000 IN BENEFITS AND COMPENSATION FOR EACH NEW FACULTY HIRE. 84% OF THE TOTAL CSU OPERATING BUDGET IS COMMITTED TO COMPENSATION AND BENEFITS. THE CSU HAS MORE FACULTY THAN EVER. The CSU currently employs 25,000 teaching faculty. 56.3% of all teaching faculty are tenure-track based on full-time equivalents. In 2014-15, the CSU hired 740 new tenure-track faculty, the most since 2007. CSU tenure-track faculty hired from 2011-14 740 750 500 470 453 382 250 0 2011 2012 2013 2014