Total Compensation Study

Total Compensation Study Overview

Objective

Our objective for this Total Compensation Study is to develop a comprehensive classification and compensation system to attract, retain and motivate qualified employees who will enable the University to maintain a competitive position with national employers, southwest Ohio employers, and/or with peer universities with whom we compete for labor.

Timeline REVISED (January 2017)

This timeline has been and will continue to be adjusted as needed to best meet the needs of the University.

2015/2016
Phase Description Dates
1
Project Kickoff and Compensation Philosophy Development May - September
2
Vetting of online Job Description Options September - October
3
Assessment of Current Practice (Benefits) October - December
4
Job Evaluation/Classification Tool Development October - December
5
Position Profile: Testing, Tools & Training Development December - March

 

2016/2017
Phase Description Dates
6
Position Profile Collection January - December
7
Market Pricing and Pay Structure June - February 2017
8
Career Paths May - March 2017
9
Administration Policies
Finalization of Compensation Philosophy and Implementation
January - Summer 2017