Annual Staff Compensation Program
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The Annual Staff Compensation Program is the formal program designed to advance Stanford's ability to attract and retain top talent and provide flexibility to managers in making compensation decisions that reward performance.
Program Overview
- A review of eligible staff employees' base pay is typically conducted annually.
- A base pay increase could be recommended and used by an employee's manager to recognize individual performance and address market, equity or retention.
- Stanford's Budget Group approves the Annual Staff Compensation Program based on input/data provided by UHR Staff Compensation.
- School/VP area HR managers use tools and guidelines to administer the annual program