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Guidelines - Compensation Administration: Difference between revisions
Guidelines - Compensation Administration (view source)
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* Pay Bands - Each Job Family has its own '''Pay Band''' representing the total pay opportunity for those jobs allocated to the Job Family. Within each Pay Band are a series of Zones and Benchmark Ranges. | * Pay Bands - Each Job Family has its own '''Pay Band''' representing the total pay opportunity for those jobs allocated to the Job Family. Within each Pay Band are a series of Zones and Benchmark Ranges. | ||
* Market Relevant Survey Data - The NU Values pay structures are analyzed on an on-going basis to determine relevancy to market. Relevant labor market wage and pay surveys are utilized, which represent a cross section of job classifications, from which Benchmark Ranges are developed. | * Market Relevant Survey Data - The NU Values pay structures are analyzed on an on-going basis to determine relevancy to market. Relevant labor market wage and pay surveys are utilized, which represent a cross section of job classifications, from which Benchmark Ranges are developed. | ||
* Additional information can be found on the [http://info.unmc.edu/wiki/index.php/NuValues website | * Additional information can be found on the [http://info.unmc.edu/wiki/index.php/NuValues NU Values website] under "Compensation". | ||
===[[Compensation_Administration|Compensation/NU Values #1007]]=== | ===[[Compensation_Administration|Compensation/NU Values #1007]]=== | ||
===[http://www.unmc.edu/hr/proc/Procedures1007.pdf Compensation Administration Procedures]=== | ===[http://www.unmc.edu/hr/proc/Procedures1007.pdf Compensation Administration Procedures]=== | ||