At their September board meeting, the Murray State College Board of Regents approved a 2% cost-of-living adjustment for all full-time employees. This increase is a permanent adjustment to the employee’s base salary, effective November 1, 2024.
In addition to the pay adjustment, all full-time employees will receive a $400 holiday stipend; part-time and adjunct employees will receive a $150 stipend.
“Everyone has done incredible work this year,” said Justin Cellum, Executive Vice President of Finance and Operations. “The increases in enrollment that we’ve seen correlate directly to how we’re able to make important investments like this in our people.”
Murray State’s historic enrollment growth, coupled with the effectiveness of the enrollment management team, allows the college to offer increases and stipends, invest in programs and facilities, and add employees to accommodate expansion.
In the last two fiscal years, Murray State College has awarded an average 12% pay increase, prioritizing employee performance. In addition to raising base pay for all full-time staff, institutional longevity was key in determining the raises.
“This increase reflects our commitment to recognizing and supporting the collective effort of the faculty and staff who have driven our success,” said Dr. Tim Faltyn, Murray State College President. “It takes everyone’s participation to achieve such tremendous growth. I am proud of how the Aggie family contributes to the educational success of the region and am grateful for their continued dedication.”