The objectives of LMU's compensation system are to attract and retain qualified individuals and to motivate them to perform at a high level. To accomplish these goals, human resources conducts an ongoing assessment of relevant external markets for various occupational groups and establishes pay practices for LMU that reflect a competitive position in those markets. On an individual basis, salaries reflect qualifications, skills, performance, and competitiveness with the appropriate job market.
In order to meet these objectives, human resources provide the following services:
- Design, implementation and administration of compensation / performance management programs to include the annual merit review process and establishment of salary grade ranges.
- Competitive market analyses through participation in salary surveys and analyses of external data.
- Position analysis and classification of staff positions to include compliance with the Fair Labor Standards Act (FLSA) both federal and state.
- Consultation on organizational and job design.