Staff Compensation Vision Statement
Although the current global economic downturn remains a challenge to
our institution as well as to the community in general, UNM is
continuing to look strategically toward the future. In this regard, the
University has adopted a "Vision Statement for the Compensation of UNM
The Vision Statement, which has been ratified by the Executive
Cabinet, provides a clear philosophical framework with which to
facilitate the achievement of the President's strategic goal of
establishing a comprehensive and competitive total compensation plan for
all UNM staff employees.
The Staff Total Compensation Plan
There are four factors that are key to the success of the
University's Staff Total Compensation Program:
- competitiveness in the job market,
- internal job and pay equity,
- reward for individual performance and growth, and
- recognition of the quality of life needs of employees.
To provide a sound framework for addressing these key factors, we
will aspire to develop and maintain a comprehensive staff compensation
program that consists of the following elements:
- A responsive, market-based pay grade and salary range system that
allows for structured, merit-based salary growth and advancement, both
within defined pay ranges and between established pay grades.
- A position classification hierarchy that has been aligned within
the pay grade system, using a combination of market comparison and job
evaluation methodologies. This approach helps to establish both the
external job worth and the relative intrinsic work value of individual
positions, and provides a framework for creating job equity and
meaningful career progression opportunities for employees.
- A comprehensive, flexible, and competitive employee benefits plan
consisting of a variety of quantifiable monetary benefits and
substantial retirement benefits.
- An array of work-life programs and policies, to include educational
opportunities, an attractive paid leave policy, a range of health and
wellness programs, and access to alternative work arrangements.
The Philosophy behind the Plan
The University recognizes the vital role its staff employees play in
carrying out its stated mission to serve as New Mexico's flagship
institution of higher learning through teaching, research, patient care,
and community service. It is therefore the intent of the University to
maintain a total compensation program for staff that:
- is capable of attracting and retaining top quality staff at all
- provides an effective framework for rewarding individual
performance excellence and employee growth and development,
- recognizes the need to demonstrate fair and equitable compensation
of its staff employees at all organizational levels,
- supports the University's commitment to the community to serve
within its fiscal means and legal obligations as a public institution
of the State of New Mexico.
The Total Compensation Program we provide for our staff employees
must be dynamic, flexible, and responsive to enable us to quickly
address current and emerging compensation challenges and support the
changing needs and operating objectives of the institution.
- Our Total Compensation Program reflects our acknowledgment that the
support of our staff employees is critical to the achievement of the
University's mission, goals, and objectives, and that our staff
employees are key stakeholders in the success of the institution.
- Our Total Compensation Program supports and promotes diversity in
the workplace and is administered without regard to gender, ethnicity,
national origin, age, sexual orientation, disability, marital status,
religion, or political affiliation.
- Our Total Compensation Program must be fair and equitable and must
be seen to be so by our employees.
- Our Compensation policies and procedures are based on the
principles of transparency, consistency, and objectivity.
- Staff salary rates are based on the nature and level of
responsibility of the job being performed, as well as on level of
individual performance, job-related education and training, and
demonstrated competencies and skills.
- Our position classification structure provides our staff employees
access to meaningful career development opportunities based on
knowledge, skills and ability, achievement, and demonstrated
performance on the job.
- We use quantifiable and objective measures to evaluate the success
of our Total Compensation Program over time.