Virginia Tech Pay Bands 2023

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Virginia Tech Pay Bands 2023 Band Minimum Maximum 1 24 960 72 573 2 26 853 90 016 3 29 772 104 528 4 38 894 131 759 5 50 811 167 335 6 66 380 213 813 7 86 722 254 067 8 113 288 327 290 9 148 005 Market Virginia Statewide Pay Area SW Pay Bands January 1 2023 Northern Virginia Pay Area FP Expanded Range Pay Bands January 1 2023

Virginia Overtime Wage Act Salary Structure Salary Structure Pay Bands Effective 12 10 2023 Salary Structure Pay Bands Effective 6 10 2023 Salary Structure Pay Bands Effective 7 10 2022 Salary Structure Pay Bands Effective 6 10 2021 Salary Structure Pay Bands Effective 6 10 2019 Archives and Historical Comp and Class Resources Effective December 10 2023 Virginia Statewide Pay Area SW Pay Bands December 10 2023 Band Minimum Maximum 1 26 732 61 863 2 28 759 76 232 3 31 886 88 186 4 41 655 110 623 5 54 418 139 933 6 71 093 178 221 7 92 879 228 251 8 121 332 293 605 9 158 513 Market Northern Virginia Pay Area FP Expanded Range Pay Bands December 10

Virginia Tech Pay Bands 2023

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Additionally just because two positions have different levels of responsibility complexity etc does not necessarily mean that they should be in different pay bands North End Center Suite 2300 0318 300 Turner Street NW Blacksburg VA 24061 Hours 8 a m 5 p m The Virginia Tech Board of Visitors and Commonwealth of Virginia have approved a 5 percent pool to increase the compensation of our valued employees With these approvals Earned increases for calendar year faculty and university and classified staff will be effective June 10 2023 Employees will see any increase in their July 3 2023 paycheck

Pay Period Pay Number HR Forms Submittal Deadline Departmental Banner Transaction Deadline Salary Overtime Retro Entry PHAHOUR Payday Days December 25 January 9 1 December 16 2022 January 3 2023 January 4 2023 Friday January 13 2023 11 January 10 January 24 2 January 12 2023 January 20 2023 January 23 2023 For all staff and non student wage positions Virginia Tech utilizes the Commonwealth of Virginia s Classification Structure The structure consists of seven occupational families The occupational families are divided into career groups which are further categorized by roles Occupational family Career group

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Bachelor s degrees salary data from graduates for first jobs CPD administers the first destination survey asking new Virginia Tech graduates to report if employed or continuing education after the undergraduate degree Grads who say they are employed or in military service are asked to tell their salary Payroll department responsibilities include but are not limited to all payroll related tax deposits and related reporting administration of the timekeeping system W2 processing filing administration of unemployment reporting and claims processing payroll retroactive funding changes payments to third party benefit providers review of al

The applicable GRA rates established by The Graduate School are as follows These rates are effective August 10 2023 Stipend rates are escalated by 5 each August 16 thereafter starting in 2024 Table 1 2023 2024 Full Time Graduate Stipend Table effective August 10 2023 Step Level Home Virginia Salaries Virginia Tech Salaries Virginia Tech Salaries Highest salary at Virginia Tech in year 2022 was 911 737 Number of employees at Virginia Tech in year 2022 was 9 506 Average annual salary was 73 914 and median salary was 57 393

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Virginia Tech Pay Bands 2023 - For all staff and non student wage positions Virginia Tech utilizes the Commonwealth of Virginia s Classification Structure The structure consists of seven occupational families The occupational families are divided into career groups which are further categorized by roles Occupational family Career group