STAFF COMPENSATION PROGRAM
OUR COMPENSATION PHILOSOPHY
The most valued asset of Villanova University is its people. Our ability to fulfill the institution’s mission rests solely with our faculty and staff members. By recruiting, hiring, and retaining quality individuals, the University can excel as a leader in higher education.
A market competitive total rewards program is an integral component in developing an exemplary workforce dedicated to our mission. Accordingly, Villanova University is committed to administering a Staff Compensation Program that enables us to attract and retain highly skilled and talented individuals. Our intention is to pay competitive salaries with consideration for internal equity with other staff, external labor market (or workforce) conditions, and the skills, knowledge, expertise, and performance of the individual.
Our philosophy:
- Enables the University to attract and retain a diverse workforce of high-caliber, community-oriented staff and administrators who are dedicated to supporting the University's mission and educational goals.
- Is based on the commitment to fair and equitable pay, within the financial resources of the University.
- Recognizes the multiple markets within which Villanova must compete.
- Recognizes individual contributions to the institution.
- Is clear and understandable by the community.
- Is consistent with the University’s mission.
PROGRAM COMPONENTS
Villanova University’s staff compensation program is designed around a salary structure to provide a foundation for compensation as well as career progression.
The benefits of the key program components are detailed below.
- Salary grades provide University-wide consistency on the classification of similar jobs and recognize various levels of impact and complexity of work.
- The salary structure establishes market-reference salary ranges to help ensure alignment with the market as well as a systematic way of making salary decisions.
- Salary grades provide pay transparency and increased perceptions of fair pay which is critical to both attraction and retention.
- Salary administration guidelines articulate how decisions regarding salaries will be made at the University under a variety of employment situations.