Wednesday, March 23, 2011

Job Compensation Study Underway At TTU

Officials at Tennessee Tech University say a job compensation study underway at the school should help them to determine what kind of salaries they should be offering to their administrative and support staff -- while at the same time remaining competitive in the marketplace.  Officials say that with the completion of job analysis questionnaires behind most employees, the job compensation study is moving along on schedule.

A consultant firm has worked with campus administrators to analyze the documentation submitted by employees across campus. The first report generated by the study was presented to the Tennessee Board of Regents earlier this month and approval is anticipated at the June board meeting.  They say this is the first step in a multi-step process to retool the university's compensation and rewards system. Tech President Bob Bell says the incremental implementation of changes will be subject to budget availability, but as funds become available, the study will give the university a systematic approach to develop a foundation from which to operate.