What is Compensation Management at UVa
Compensation Management is designed to help attract, motivate, develop and retain qualified employees as well as support the University Staff HR Plan in its career development model and performance management process. HR collaborates with schools and departments to manage pay for all full- and part-time University Staff, using the eight components of UVa's compensation management:
- Market-based pay ranges
- Competitive Starting pay
- Merit increases
- Promotion pay
- Reward and Recognition
- Supplemental/Differential pay
- Incentives – exceptional recruitment, retention and project based
- Strategic Compensation Alignment