201 Compensation Objectives
The following are the objectives of the University's compensation and classification programs:
- To attract and retain competent and productive staff from the appropriate national, regional or local labor market.
- To identify different levels of responsibility and accountability and to establish salaries accordingly.
- To base salary adjustments on individual contributions and performance.
- To pay salaries that are competitive, on an overall basis, with salaries in the relevant labor market(s) and that are consistent with the University's budgetary guidelines and within allocated financial resources.