Texas A& M University Central Texas Staff Salary Study Process February 25, 2014.

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Presentation transcript:

Texas A& M University Central Texas Staff Salary Study Process February 25, 2014

Purpose:To develop a clear, equitable, consistent and competitive classification and compensation structure that appeals to and fosters retention of qualified individuals while providing opportunities for growth and development within.

Goals: 1. Create a compensation structure based on market data to provide a foundation for applying consistent strategies in recruitiment, hiring and promotion practices to support the University's strategic plan; 2. Ensure internal equity through the development of a structure with positions valued in relation to other positions on campus, thus eliminating discrepancy in salaries being paid for similar type jobs; and 3. Provide current and future employees with clear expectations of responsibilities and growth opportunities through consistent job descriptions and a sustaining compensation structure.

Step 1 Goals Philosophy Step 2 Job Certification Evaluation Factors Development Step 3 Development of Point System-Factors Benchmarking

Step 4 Pay Structure Design Step 5 Implementation Strategy Recommendations