Managers have latitude to administer pay within the established compensation program guidelines. VCU HR and HR professionals provide compensation data, reporting, advice and guidance to assist managers in making sound salary decisions.
Role of executive management
Executive management is charged with establishing the compensation philosophy for the university and the administrative practices in support of the compensation philosophy. Executive management also sets the amount for any merit increase pool as part of the annual budget process. They determine compensation priorities, balancing the importance of competitive salaries with stewardship of the university’s financial resources. Executive management is also responsible for effective execution of the compensation program - ensuring that managers are making effective and compliant data-driven compensation decisions.
Role of VCU Human Resources
VCU Human Resources provides consultative and technical guidance to managers and HR Professionals on issues related to compensation management, job evaluation and Fair Labor Standards Act (FLSA) status determinations. All compensation actions for University employees must follow the Working@VCU: “Great Place” HR Policies. The role of the VCU HR Compensation team is to:
Role of Human Resource consultants
Provide consultative services to HR Professionals and HR Administrators regarding unusual or complex organizational redesigns and compensation situations. Coordinate, as needed, with VCU Compensation.
Role of managers
Managers play an active role in the administration of the University’s compensation plan. They are responsible for using available compensation tools as a part of the plan for making VCU a Great Place to Work. Specific tasks include:
Role of Human Resource professionals
Provide consultative services to meet the needs of the school/unit, applying best practices, and ensuring compliance with applicable policies, regulations, and laws.
Partner with and consult management on compensation best practices and using compensation as a management tool.
Assist managers in organizational design and drafting position descriptions.
Execute or ensure execution of transactions needed to complete pay actions.
Facilitate and consults on decision-making for merit increase process, salary review process, and determination of career advancement and promotion salary increases.
Provide managers with data and policy guidance needed to make effective compensation decisions, including off-cycle salary increases and starting salary determination.
Support managers in understanding and using compensation tools available to University and Academic professionals.
Oversee and implement appropriate process for approvals and exceptions.
Partner with VCU HR in design of improvements to compensation program.
Collaborate with HR in job family and position reviews.
Role of Human Resource administrator
Department HR Administrators support administration of the compensation program and provide managers with information regarding compensation policy, procedures and guidelines. The role of the Human Resource Administrator is to:
Role of University and Academic Professional employees
Employees are expected to understand the basics of the VCU Job Structure, and the general basis and rationale for employee compensation as a University and Academic Professional.