Hobart and William Smith Colleges

June 10, 2022

Dear Colleagues,

I write with gratitude to everyone who worked so hard during these past weeks to provide a festive Senior Week and Commencement for our graduates and a celebratory set of Reunions for our alums. Events like these take a tremendous amount of planning, care and competency, and the community at Hobart and William Smith does an exceptional job at making these important milestones look effortless. I thank you for your work and want you to know how appreciated you are.

As I reported at the All-Staff gathering on Monday, during the Board meeting in May, the Trustees approved a 2.2% raise for all staff effective July 1, 2022. In addition, the Colleges will increase their institutional retirement contributions to 6% of an employee’s salary for all eligible employees effective July 1, 2022, with future increases happening on the following schedule: 

• July 1, 2023 - June 30, 2025: institutional retirement contributions remain at 6% with an additional one-for-one institutional match up to 8% of an employee’s salary. For example, if an employee contributes 1%, the Colleges will contribute 7% and if an employee contributes 2%, the Colleges will contribute 8%. 
• July 1, 2025 and beyond: institutional retirement contributions remain at 6% with an additional one-for-one institutional match up to 10% of an employee’s salary.

It is my hope that the upcoming weeks will provide everyone with the ability to take some much-deserved vacation time and that our summer hours policy will provide flexibility to enjoy this beautiful time in the Finger Lakes.

Sincerely,

Joyce P. Jacobsen
President