Annual Surveys and Reports:
The Financial Information of Universities and Colleges (FIUC), the only common source of financial data of Canadian universities and colleges, facilitates statistical and trend analysis on an aggregate level. The FIUC data is based on an annual return completed and submitted by each of CAUBO’s member institutions. It is a joint undertaking between CAUBO and Statistics Canada. Click here to access
NEW CAUBO PARTNERSHIP WITH HR METRICS SERVICE
CAUBO knows that members need evidence-based data to support their institutional decision-making.
That’s why we are pleased to share with you that we have signed a partnership agreement with HR Metrics Service (HRMS) to provide CAUBO members with quality HR benchmarking services. HRMS is a privately owned national benchmarking service with 65 client organizations from a variety of sectors, including several Canadian universities. Participating universities report a high degree of satisfaction with the service, content, and quality of reporting they have received from HRMS and recommend it to colleagues in the sector.
Joining HRMS has been a great investment for us at Memorial. We started with a limited number of metrics, and have now scaled up to 45 metrics! We use them for internal reporting, including the University’s Executive and annual reporting to the Board of Regents.
—Stephen Dodge (MUN)
This partnership will support the development of national HR metrics and help CAUBO members obtain reliable data to guide decision-making.
Key benefits for CAUBO members
CAUBO members that participate in the HRMS benchmarking service will receive:
- Sector-wide data analysis and trend reporting, provided by a third-party consultant with support from CAUBO
- Educational support to help use the resulting evidence-based data and information effectively
- Differentiated HRMS participation fees for CAUBO members, based on institutional size
Timeline for HRMS partnership with CAUBO
- Right now: Universities can sign up to work with HRMS and begin measuring their institutional data using their choice of metrics.
- In the coming months: CAUBO will coordinate the formation of a Steering Committee and Working Group to guide and convey a collective vision for HR benchmarking and measurement within the Canadian higher education .
- Within the next fiscal year: A third-party consultant will be engaged to develop sectoral trends and analysis and provide professional development to help members get the most out of their participation.
This service is currently available in English only. Bilingual services will become available as additional universities sign on with HRMS.
About HR Metrics Service
HRMS currently enables participating organizations to measure and compare their institutions based on more than 150 benchmarking metrics. Among them are six commonly used core metrics:
- Turnover – voluntary and involuntary
- First-year turnover
- Grievances as a percentage of unionized headcount (under review)
- HR headcount ratio
- Average age
- Average length of service
Many university-specific metrics have been added over the last several years. The full list is available here.
A list of current university participants is available online at www.hrmetricsservice.org/participants/
Participation fees are payable to HRMS. CAUBO will provide trend analysis and educational support as part of your CAUBO institutional membership fee.
We hope CAUBO members will take advantage of this targeted opportunity to improve their HR data and decision-making capacity. If you have questions about this partnership, please contact Elizabeth Taylor at firstname.lastname@example.org.
How can higher education finance and administration leaders contribute to their institution’s social ambitions?
RECODE and Canadian Association of University Business Officers (CAUBO) are collaborating on a national initiative to support post-secondary institutions across Canada in exploring emerging trends and expectations in social purpose administration. The partnership draws upon RECODE’s insights and networks in advancing community-centered solutions and CAUBO’s mission to enable excellence in Canadian higher education administration.
This initiative stems from broader research RECODE and Simon Fraser University pioneered last year on the roles post-secondary institutions can play to enhance community well-being – including and beyond their primary mandates of teaching and research. This concept–known as social infrastructure– is described in their report, Maximizing the Capacities of Advanced Education Institutions to Build Social Infrastructure for Canadian Communities, which lists the capacities and assets of universities, colleges and polytechnic institutes that can be mobilized to meet community needs.
CAUBO and RECODE seek to identify industry best practices and support administrators in learning about embedding greater social value in domains such as human resources, facilities management, procurement, investment, risk management, planning and budgeting and ancillary services. While many administrative officers are already familiar with social and sustainable procurement and social and sustainable investment, the aim is that eventually, all core administrative functions will have a more explicit social component.
The partnership complements three additional projects RECODE is pursuing with Universities Canada, Colleges and Institutes Canada, and a cohort of BC institutions under co-leadership with Simon Fraser University.
Catch up on higher education’s social impact journey in Canada in this just-released Milestone Report. It highlights results of the CAUBO-McConnell partnership since 2017, along with other projects such as Universities Canada’s social impact initiatives. For information on the partnership, click here.
As you will see in this Report a number of collaborative projects are underway focused on:
- UN Sustainable Development Goals
- Campus sustainability
- Community engagement
- Social and sustainable procurement
- Equity, diversity and inclusion
- Indigenous reconciliation
One of the Report’s remarkable findings is that nearly 90% of schools are involved in social impact collaborations. Hundreds of CAUBO members have also participated, via social impact workshops, conference sessions, webinars and the social impact administration and finance practices inventory. The partners continue to collaborate on professional development opportunities, further building the capacity of administrators to contribute to their institutions’ social impact priorities. One idea that surfaced from the social impact workshops held last year, is to embed social impact in hiring decisions and performance management. By hiring administrators experienced in social impact and including social impact in performance objectives and professional development, social impact will become more routine within finance and administration teams. Indeed, one University President recently included social impact criteria when hiring a VP of Finance and Administration. A 2021 workshop is planned on this topic. If your administration department has practices in this area, please contact email@example.com as we are collecting sample administrator job descriptions that include social impact or community engagement.
We are also holding a fall workshop on how administrators engaged community partners to address community needs stemming from the COVID-19 pandemic. We welcome examples if you and your teams have stories to share. Please contact firstname.lastname@example.org.
Many institutions will likely update strategic plans to reflect COVID-19’s impact on their operations and plans. If that includes yours, check out these Social Impact Strategic Planning Guidelines. A related tool, for more immediate use, is this Social Impact COVID-19 Decision Lens produced to help institutions embed social considerations in COVID decisions. Use it as a prompt to stretch mindsets and decisions to foster increased social outcomes and community well-being. If you use either of these tools, we’d love to hear your story! The crisis has reaffirmed the role universities play in co-creating sustainable and equitable communities.
Please contact Kelly Hodgins at email@example.com for more information on CAUBO’s Social Impact Partnership with the McConnell Foundation
Topical Surveys and Reports:
University Funding in Canada, A Comparison of Provincial Policies on University Funding, Student Aid, and Research Support
This new CAUBO report, prepared by Higher Education Strategy Associates (HESA), compares approaches to institutional funding across the country. It provides comparative information, summarizing provincial differences regarding determining institutional grants; approval and funding of new programs; transfers to support specific missions, (e.g. minority language populations or rural/northern population); and performance measures that are used in funding distributions.
Now more than ever, higher education administrators are looking for efficiency gains and seeking to answer a critical question: How can we do more with less?
To help members answer this question, CAUBO has commissioned a report that outlines how Robotic Process Automation (RPA) can be applied to optimize administrative processes. The report suggests a framework specific to higher education that can be used to identify and prioritize opportunities for automation and offers practical, real-life examples of RPA application.
CAUBO conducted a survey to gain a better understanding of members’ policies and practices governing the carry-forward of unspent operating funds. A Roundtable discussion was held during the CAUBO 2019 Conference in Halifax to discuss the topic. The survey results and a summary of the Roundtable discussion are available (institutional members only).
As part of the survey, members were asked to share their institution’s carry-forward policies. These policies have been posted here for reference. Please let us know if you are willing to share your institution’s policy in order to advance sector knowledge on this topic.
A number of institutions in Ontario, in collaboration with the Council of Ontario Finance Officers (COFO), have developed a summary of best practices for reporting carry-forwards. This document is also available for viewing here.
CAUBO has been looking at ways to help Canadian Universities manage rising benefits costs and risks.
In 2019, a series of educational briefs were developed to provide information on the employee benefits landscape and how common benefit models can help mitigate the rising risks and costs for employers. The surveys that accompanied each of the first three briefs enabled a discussion at the VP Forum in June 2019 about key considerations that must be addressed as CAUBO moves forward with next steps.
Member feedback, provided through the surveys and confirmed at the VP Forum, outlined that while members are preoccupied with the rising costs of benefits, collaborative solutions to be explored should initially focus on ease of implementation—solutions that are simple for institutions to join and, where possible, build on collaborative models that have proven successful in the higher education context.
The CAUBO National Benefits Steering Committee held industry consultations with benefits providers in November 2019 to better understand from experts in the field how various options could provide value to members.
The information yielded through those consultations identified an opportunity for institutions that work with common providers to achieve potential efficiencies, including savings on administrative costs and implementing pooling levels and stop-loss provisions.
This past winter, CAUBO issued a member survey to collect information on current providers of health, dental, life, short-term and long-term disability coverage and out-of-country insurance. Based on the survey results, it is apparent that most CAUBO members currently receive these benefits from one of two providers.
The Steering Committee is currently attempting to identify a value proposition for a collaborative agreement, which will be proposed to members this summer in order to determine member interest.
The briefs are available for institutional members only by clicking here.
CAUBO conducted a survey to identify how universities and colleges are handling the change in legislation. The survey results and summary are now available on the website (institutional members only)
View the following documents:
With almost daily reports of intrusions, data breaches and cyber attacks, Cyber-security continues to be top of mind for university administrators and was identified as a priority issue in CAUBO’s service plan.
We are pleased to advise you that the following products and services have been developed:
- Cybersecurity in Higher Education (PPT presentation – institutional members only)
- Not Just an IT Issue: Roles of the Board and Executives in Managing Cyber Threats (webinar recording – coming soon)
- Responding to a Cybersecurity or Data Breach: Are you ready? (webinar recording – coming soon)
Cybersecurity in a University Setting
CAUBO, with guidance from CUCCIO, has released a cybersecurity report to provide a tool to our members. View the following documents:
In 2015-16, a series of case studies were developed to highlight the different situations, experiences and lessons learned from institutions that have been through divestment campaigns The case studies are available here for institutional members.
A data dashboard has been developed to provide institutions that participated in the survey with access to benchmark data. Click here to login and access the dashboard.
The Parking Services dashboard is available here for CAUBO members that participated in the survey.
Please participate in the next survey cycle in order to have access to the benchmark data available though the dashboards.