More on Compensation

I have written several blog posts about the IPS compensation plan and the system-wide compensation advisory board's work. The Market Analysis subcommittee is working with a consulting firm to gather current market data since we have not updated our salary schedule since 2007. We anticipate doing so later this year.


I thought it would be good to report on our progress after the recent round of salary increases. Across the entire institute 82.9% of our employees are at or above their target salary based on the current salary schedule. Another 14.6% are between 90 and 99% of their target salary. 2.5% are below 90%. We have been working for more than a decade with very limited resources to make our salaries more competitive. We have made significant progress.

When we receive an updated salary schedule I'm sure we will see that we have fallen behind again, but I'm hoping it will not be as significant a gap as we saw in the late 1990's when we had so much improvement to make. We will continue to make total compensation a priority across the institute so that we can attract, retain and reward the best employees. This is consistent with our goal to be "the employer of choice" in public service.