Compensation assessment studies are conducted, typically every two years, to evaluate compensation internally and externally. Comparable positions are analyzed within same departments, throughout the institution, and/or an external market review.
Following a thorough analysis of pay for similarly situated faculty in the same department or throughout the institution, a faculty member may be awarded a change in pay based on internal comparisons. Such an adjustment may also occur as the result of an institutional external market review (Salary Assessment Study). Faculty should work through their supervisory channels to discuss questions they may have regarding their salary.
Two compensation committees are convened – one comprised of academic faculty members and the other with administrative faculty representatives. Each committee assists in the oversight of the faculty salary assessment study process.