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Sample Compensation Plan #1
Position Stays in Same Job Class
Department/Company Name:
Effective Date:
Job Title:
Initial Hiring:
- Students will be hired at the minimum salary of the appropriate job
category.
- Exception: One 25 cents per hour increase will be
given for each year of related work experience and/or related
course work.
Raises:
- After a satisfactory review, students are eligible for a 25
cent per hour increase after working one semester and a minimum
of 100 hours.
- Thereafter, contingent upon a satisfactory review, students are
eligible for a 25 cents per hour increase after one year and a
minimum of 250 hours worked.
Sample Compensation Plan #2 - Position is Eligible
for Promotions to Other Job Classes
Department/Company Name:
Effective Date:
Job Title:
Initial Hiring:
- Students will be hired at the minimum of the appropriate job category.
- Exception: One 50 cents per hour increase will be given if the
student has at least one year of previous related job experience.
Raises:
- After a satisfactory review, students are eligible for a 25 cents per
hour increase after working one semester and a minimum of 100 hours.
- Thereafter, contingent upon a satisfactory review, students are
eligible for a 25 cents per hour increase after one year and a
minimum of 400 hours worked.
Promotions:
- After 1 year (3 semesters) of working, advancement of necessary
skills, and a satisfactory review, the position will be promoted to the
next job class. The wage in the new job class with be the larger
of the minimum rate for that category or the student's previous
wage rate plus a 50 cent per hour increase.
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