I am pleased to provide an update regarding Year 4 of the five-year implementation plan to address compensation associated with the university's Classification and Pay Study. As many of you are aware, Winthrop began this study in late 2018-early 2019 with the university’s partners at then Sibson, now called Segal. The primary goal of the study remains the same—to review employee job classifications, compensation and pay practices to ensure alignment with the competitive market.
The Classification and Pay Project Team has continued its work, and salary adjustments for those employees who will receive Year 4 salary adjustments will appear in the Oct. 16, 2024, pay.
Human Resources will notify faculty and staff who will receive increases on or before Oct. 9, 2024.
Thank you to our Board of Trustees for approving the funding to continue this very important effort to help us retain and hire our valued employees.
Edward
Edward A. Serna
President