Market-based Compensation Program
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Authors
Finance and Administration
Office of Human Resources
Advisors
Issue Date
2016-06-14
Type
Accreditation document
Keywords
Employee compensation , Market-based compensation
Citation
Abstract
Table of Contents
Description
In support of the strategic plan, the University initially identified as a
goal in 2013 “Goal 7: Assessments, Rewards and Incentives” and then
again as a 2019-2020 Priority to “develop and implement a market-based compensation structure for faculty and staff.” A market-based
compensation program is key to attracting and retaining an engaged
and high performing workforce to support the mission and values of
the University. The program describes actions and steps in the implementation of market-based compensation in WSU. Transition will be complete the end of July, 2021 when the Office of Human Resources complete the annual production of appointment notices.
Publisher
Wichita State University