FAQs Pay Bands Comp Philosophy & Pay Guidelines New Segal Job Codes
OVERVIEW
With the goal of providing consistency and clarity to our compensation structure, FSU Compensation has undertaken a large-scale initiative to redesign and refine our staff compensation and classification system. These efforts have been assisted by a nationally acclaimed consulting firm, in partnership with university leadership and many of our colleagues here at FSU.
EVALUATION & PLANNING
Phase I – Data Collection & Interviews: Completed
Onsite focus groups were conducted to obtain a preliminary assessment of our current classification and compensation structure, policies, and practices.
- Collect and Review Data - Completed
- Stakeholder Interviews/Focus Groups - Completed
Phase II – Compensation Philosophy & Pay Administration Guidelines: Completed
- Draft Total Rewards/Compensation Philosophy - Completed
- Develop Pay Administration Guidelines - Completed
Phase III – Job Architecture & Job Evaluation Process: Completed
- Assess Job Families - Completed
- Update & Standardize Job Titles - Completed
- Determine Classification Assignments - Completed
Phase IV – Market Competitiveness & Salary Structure Assessment: Completed
- Identify Benchmark Jobs - Completed
- Determine Appropriate Survey Sources for Comparison Markets - Completed
- Obtain Data for Market Pricing - Completed
- Perform Variance Analysis - Completed
- Salary Structure Development - Completed
- Conduct Employee & Cost Implications Analysis - Completed
Phase V – Communicate and Plan for University-Wide Implementation: In Progress
- Address Final Results - Completed
- Develop Implementation Plan - Completed
- Communicate Changes - In Progress
IMPLEMENTATION
Phase I – September 2022
- Implemented New Staff Minimum Wage of $15/hour, or $31,320 Annually
Phase II – November 2022
- Adding Over 40 New Classifications
- Updating Existing Classifications to New Pay Band Structure
- Reclassifying Existing Positions Per Consultant Recommendations
- Applying Market Adjustments to Select Reclassifications and Pay Bands
Phase III – Ongoing
- Compression Review
Email: CompProject@fsu.edu