Compensation Policies and Guidelines across Employee Groups
The University's compensation philosophy is outlined in its Compensation Policies. The following principles are used to guide the University’s compensation and recognition systems:
- Achieve and maintain a compensation structure that, relative to institutional peers and other appropriate labor markets, is competitive and serves to attract and retain a high performance workforce.
- Reward exceptional performance and employee contributions through compensation and other forms of recognition.
- Consider work responsibilities, market, internal equity, experience and expertise, performance and other criteria in setting initial salary and subsequent salary adjustments.
- Adhere to compensation and recognition practices that are fair and equitable in design, application and delivery.