Global Compensation is responsible for providing competitive and equitable compensation that is aligned with the University's short- and long-term strategies and which serves to attract, retain, and motivate high performing employees. Additionally, the team provides programs that enable leaders to recognize, reward, and reinforce excellent and sustained employee performance.
- Provides strategic direction for accomplishing reorganizations, which may include analysis of legal risk in partnership with General Counsel and associated job evaluation and documentation processes
- Conducts benchmarking to ensure external market competitiveness
- Performs job evaluations to ensure internal equity and appropriate leveling based on competency framework
- Consults on salary offers for new hires, promotions, market/equity adjustments, annual merit increases, and temporary salary increases
- Administers annual bonus programs