Revisiting Compensation Plans in Higher Education
Like many universities throughout the country, UW-Madison is undergoing a restructuring of its human resources policies, aiming to make them more cost-effective by stimulating higher productivity-- bottom-line thinking encouraged and facilitated by the Wisconsin Legislature. Among the planned changes in the new HR Design plan, released last Friday, is a shift to use of " new compensation structures...with market data... gathered to inform compensation decisions . Pay adjustments will reflect a broad range of factors (e.g., market, equity, performance) within defined parameters, and will be based on objective performance evaluations...These decisions will have to be made through fair, objective and transparent performance evaluations. Supervisors will be provided with training on how to conduct effective and bias-free performance evaluations and how to ensure that the supervisors who report to them are doing the same with their staff. Deans and ...