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Compensation

Policy Number: HR-60
Effective Date: July 2002
Last Revision: March 2013
Responsible Officer: Executive Vice President, Treasurer and Chief Financial Officer

PURPOSE

This policy was established to communicate the philosophy the University has adopted regarding its pay practices.

 

APPLICABILITY

This policy applies to all eligible non-faculty Professional Staff Members, excluding any Professional Staff Member who is affiliated with a collective bargaining unit.

 

IMPLEMENTATION

Implementation of this policy is the responsibility of the Department of Human Resources.

 

ADMINISTRATIVE OVERSIGHT

The Executive Vice President, Treasurer and Chief Financial Officer is the Drexel University official responsible for the administration of this policy.

 

POLICY

The University's compensation program is designed to achieve the following goals:

  • Ensure fair and consistent pay practices 
  • Comply with applicable federal and state laws and regulations 
  • Operate within the constraints of the University's budgetary process and financial resources 
  • Ensure administrative efficiency 
  • Allow the University to offer competitive salaries relative to the labor markets in which the University recruits

The University generally recruits in the local and regional labor markets to fill nonexempt positions and in the regional and national labor market to fill exempt positions. While pay practices reflect local living costs, they are competitive with pay practices in the relevant labor markets.

 

AT-WILL EMPLOYMENT NOT AFFECTED

Notwithstanding anything to the contrary stated in this policy, nothing herein is intended to alter the at-will status of any Professional Staff Member.  Drexel University at all times retains the right to terminate any Professional Staff Member at any time for any lawful reason, or for no reason at all.