Overall Rating | Silver - expired |
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Overall Score | 52.49 |
Liaison | Dedee DeLongpre Johnston |
Submission Date | May 9, 2012 |
Executive Letter | Download |
Wake Forest University
PAE-11: Sustainable Compensation
Status | Score | Responsible Party |
---|---|---|
7.30 / 8.00 |
Carmen
Canales Chief Human Resources Officer Human Resources |
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indicates that no data was submitted for this field
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Total number of employees working on campus (including contractors):
2,551
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Number of employees (including contractors) that the institution ensures earn sustainable compensation:
2,328
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A brief description of how the institution ensures that its lowest-paid workers (including contractors, if applicable) receive sustainable compensation:
Wake Forest University uses a compensation strategy that includes market pricing each position at WFU on an annual basis. We utilize five separate market survey tools which provide salary data for both higher education and industry and weight the surveys based on the position description matches and whether the position is specific to higher education or exist in other industries. Senior leadership has approved funding for market adjustments for staff positions with the priority for these adjustments being to first bring individuals up to the minimum range for their position (usually the 25th percentile of the survey) and then secondarily to move individuals to the 50th percentile based on years experience and individual performance.
None
The most recent year total compensation for the institution’s lowest-paid workers (including contractors, if applicable) was evaluated to ensure that it was sustainable:
2,010
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The website URL where information about the institution’s compensation policies and practices is available:
Data source(s) and notes about the submission:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.