MSU Denver

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President’s Correspondence
Aug. 26, 2022

I am excited to announce details about the 202223 Phase II budget approved by the board, including increased compensation for employees.  

To address the pressures of inflation and improve employee retention, Metropolitan State University of Denver is increasing pay by $2,100 per year for all full-time faculty and staff with prorated increases for part-time salaried staff. The flat increases will be paid out over 12 months as a permanent salary increase beginning with October paychecks. 

By providing an across-the-board raise to full-time employees, MSU Denver is focusing support on those who have been most affected by the economic challenges of the past few years. A $2,100 increase amounts to a 3% raise for someone making $70,000, so those making less than that will receive a higher percentage increase. The University will also maintain its commitment to paying competitive wages for faculty by funding adjustments that are in line with the College and University Professional Association (CUPA) database.

Additionally, affiliate faculty pay will go up 3%, with those adjustments added in a lump sum in December 2022 paychecks.

In total, the estimated budget allocation for the increased compensation pool is approximately $4.2 million. 

Investing in our people is one of the most critical pieces of our multi-year budget strategy of “Recover, Stabilize and LAUNCH!” The recovery initiatives we implemented last year – Information Technology and classroom upgrades, systems improvements for online learning, Human Resources, Financial Aid and more – are doing wonders to help us overcome the initial shocks of the pandemic while modernizing areas of the University in desperate need of upgrades. 

With this year’s budget, we are prioritizing opportunities to stabilize and launch MSU Denver. Without remaining base budget resources to allocate after the Phase I budget, the compensation increases and other budget priorities described below will be funded with $14.4 million of roll-forward balances out of our Education and General Fund. The University is in a strong financial position, and by strategically investing in initiatives that will shore up our workforce, stop our enrollment drop and create new revenue streams, we will provide a solid foundation for MSU Denver to launch long-term. 

President's Budget Priorities

Clear success metrics will accompany each of these initiatives to consistently evaluate and chart the way forward, much like we’re doing with the 2030 Strategic Plan. If you have specific questions about the budget, please contact the Office of Budget at [email protected] 

Thank you to the Budget Recommendation Committee members for their tireless work helping prepare these recommendations, our trustees for being engaged and signing off on our strategic spending, and all of the faculty and staff across campus who have provided input on the budget process. Your participation in shared governance makes the University go, and I look forward to launching boldly into the future with you! 

Sincerely,

Janine Davidson, Ph.D.
President

This page was updated in September 2022 to clarify the timeline for affiliate faculty raises.