Penn State Compensation Modernization Salary Bands

Penn State Compensation Modernization Salary Bands Compensation Modernization Update Committee on Equity and Human Resources June 13 2023 clearly define the type of work being performed at the University A new salary structure that is based on market data to help Penn State recruit and retain top talent Salary Structure and New Salary Bands Shared Early August New Career

Penn State seeks to retain staff talent through a combination of base salary benefits professional growth and development opportunities mission values and culture Base salary Salary provides a competitive foundation for pay and reflects an individual s role skills experience performance and potential advancement Penn State Human Resources is providing periodic updates on the Compensation Modernization Initiative a large scale project begun last year and spanning 2021 as part of the University s efforts to attract the best talent and retain its highly valued staff members The project will modernize Penn State s compensation and career structures related to staff positions

Penn State Compensation Modernization Salary Bands

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Penn State s Compensation Modernization Initiative continues to make steady progress This initiative designed to modernize the University s compensation and classification structure has established a solid foundation of updated job families and profiles The next phase of the initiative focuses on applying salary market data to the University s new salary bands A new compensation program is being developed to provide information on Penn State s career framework Compensation Modernization Learn all about the Compensation Modernization initiative happening at Penn State

The compensation modernization website has moved Please visit hr psu edu current employee compensation comp modernization The University s Compensation Modernization Initiative has moved into its next phase as Human Resources works with leaders and managers to review how current staff roles will fit in revised job architecture

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Once lawmakers conclude the state appropriations process Penn State has said it will provide more information about salary increases and funding for compensation modernization an effort that began in 2020 New salary bands with updated job classifications will then be shared with employees Penn State s Human Resources is in the process of implementing a new compensation and employee classification system which was the focus of complaints at the July 11 2023 Faculty Senate meeting

Penn State Human Resources Compensation Classification compensation psu edu Salary Band Minimum Midpoint Maximum A 16 584 24 456 32 328 B 18 240 26 904 35 556 C 19 728 These salary bands have been established to provide guidelines for staff positions Tuition increases range from 0 to 4 depending on the campus and whether a student is from Pennsylvania One exception is out of state medical students Senior Vice President for Finance Sara

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Penn State Compensation Modernization Salary Bands - The compensation modernization website has moved Please visit hr psu edu current employee compensation comp modernization