Classification Redesign & Compensation Analysis December 17,2012 Project Overview Our goal is to have a classification and compensation program relevant to today’s market and financially attractive to the talent yet to arrive at FIU; making us Worlds Ahead! Project Overview • Current situation • Opportunity to define & distinguish FIU as employer of choice • Pivotal time for University (nationally & locally) • Establishment of guiding principles for market stance Project Overview • Comprehensive review & analysis of job classifications • Update classification structure • Competitive market analysis with market pricing • internally equitable • externally competitive • Phased project Project Particulars Total # of Job Specifications: 395 This classification redesign focuses on benefits earning Administrative & Staff Positions Total # of Pay Grades: 37 Total # of Administrative positions: 1,516 Total # of Staff positions: 1,311 Total Business Units Total Departments Unions Impacted (SEIU, PBA, AFSCME) 39 314 3 Mercer Greetings Anticipated Outcomes • Development of a compensation philosophy • University wide training on compensation practices • Review of administrative & staff classifications • Creation of proper job titles • Market pricing • Review and development of compensation policies in alignment with best practices as well as relevant state and federal laws What the Project IS Is NOT! • Not an HR project...it’s a UNIVERSITY project • Not an overnight process—anticipated 18-24 months • Not being conducted in a vacuum • Not an automatic guarantee of a promotion OR raise • Not an initiative to address employee performance • Not an attempt to remove jobs covered by collective bargaining agreements We need you! Positive, accurate communications & reinforcement Open mind regarding what is happening in the market Knowledge of the market to better understand pay decisions Be responsive to both Mercer and the functional teams as they have need of your input Next Steps Core team meeting with Mercer Launch communication plan; Inclusive of a website in January Scheduling meetings with colleges and departments to conduct initial position reviews at Mercer's recommendation Extending meeting invitation to the respective departments Thank You for Making Your Imprint on the Next Years!