The Compensation team develops, implements, and supports a strategic compensation approach for faculty, staff, and team members through leading compensation strategy, tools, training, and guidance.
Compensation Strategy and Program Administration
Compensation Strategy and Program Administration defines a compensation strategy, executes the organizational pay philosophy, supports the competitive compensation market analysis, defines and aligns roles within the compensation structures, and maintains compliance with key laws and regulations such as the Fair Labor Standards Act. We ensure consistent philosophy and governance across the organization, including new pay programs and changes to current programs. We focus on helping the University retain and reward faculty, staff, and team members.
Our Services
- Administering and supporting overall compensation programs and plans for the University
- Providing market pricing for all positions, including special pays
- Consulting on new job descriptions and modifying existing job descriptions
- Conducting internal alignment reviews
- Administering wage/hour and other legal/regulatory compliance
The Outcomes for Our Customers
- Market competitive salary structures and practices
- Consistent governance across the organization, including approving new pay programs and changes to current programs
- Consistent and transparent process
- Support of salary negotiations with candidates
- Equity recommendations based on assessment of experience and relevant factors
- Transparent and easy-to-understand communication about compensation
Targeted Compensation and Incentive Plans
Targeted compensation and incentive plans provide differentiated compensation for unique positions, as needed, to attract and retain key talent in a transparent and responsible manner. We focus on helping the University retain and reward faculty, staff, and team members.
Our Services
- Performing targeted position market analysis, including total compensation packages
- Offering support for critical leadership hires
- Developing and administering incentive programs
- Communicating all aspects of total rewards for targeted positions
The Outcomes for Our Customers
- Market competitive pay packages and incentive plans for targeted positions
- Alignment to organizational goals
- Transparent and easy-to-understand communication about compensation, including total rewards statements for targeted positions
Innovative Pay Programs
The University needs the ability to recognize individuals for going above and beyond. Innovative Pay Programs allows the University to recognize additional work and reward faculty, staff, and team members through programs such as shift differential and call pay. Innovative pay plans focus on helping the University retain and reward faculty, staff, and team members.
Our Services
- Aligning compensation with market conditions
- Supporting organizational needs in special cases
- Providing additional rewards for necessary coverage
The Outcomes for Our Customers
- Market competitive pay practices
- Alignment to organizational goals
- Transparent and easy-to-understand methods