Compensation Program

• Compensation Philosophy and Principles
• Compensation Program Overview

-Who is covered
-Who is responsible
-Job information and comparison
-Relevant market considerations
-Performance increases
-Equity adjustments

• Vanderbilt Pay Guidelines

-Range placement
-Performance
-Knowledge, skills & abilities
-Market competitiveness
-New hires/promotions/transfers
-Internal equity
-Budget & legal considerations
-Balancing the factors
-Communicating with staff
-Related HR policies

• Performance and Pay

-University Leadership Model Scoring Descriptor
-Paper evaluation form template