What is Compensation?
- Compensation refers to the money received by an employee from an employer as a salary or wage. This money received may take many different types including base pay, bonuses, annual increases, and benefits, just to name a few. Total Compensation is a combination of your pay, benefits, and any other perk you may receive.
What Federal Regulations govern an organization’s compensation?
- There are many laws and regulations which provide overall guidance and oversight for an organization’s compensation practices including the Fair Labor Standards Act, the Equal Pay Act of 1963, and Title VII of the Civil Rights Act of 1964, just to name a few.
If an employee’s rate of pay meets the FLSA salary threshold, does that mean the position will automatically be exempt?
No. For a position to be considered for exemption from overtime regulations, three (3) things must occur:
- Meet the duties test requirement (this should be covered in the job description)
- Be paid as a salaried employee instead of on an hourly basis
- Salary must be at or above the salary threshold designated for this position by the US Department of Labor (There are some positions such as Doctor, Attorney, Teachers, and Academic Administrators that are exempt from this particular salary threshold.)
If any of the three requirements for the exemption are not met, the position will be classified as non-exempt and will be made eligible for overtime.
What services does the Compensation department offer to the University?
- The Department of Compensation administers the University’s compensation policies and procedures, consults and collaborates with business units on compensation, talent management, and various HR initiatives, and maintains pay schedules and salary ranges for non-faculty positions.
- The Compensation team is a part of a Total Rewards environment which focuses on strategically attracting, motivating, and retaining high-level talent for the University. Rewarding valuable and productive workers with a competitive compensation package increases the likelihood of attracting productive workers, increasing worker motivation, and reducing turnover.
Where can I view a listing of HR Policies and Procedures?
- HR Policies and Procedures for the University can be found here on the Labor Relations and Policy Development webpage via this link: (http://www.uc.edu/hr/labor-relations-policy-development/policies-and-procedures.html).
If I have a question in relation to my pay or pay stub, who should I speak with?
- For any questions related to your pay, your first line of support should always be your immediate supervisor. After discussing with your supervisor, if there are still unanswered questions, your supervisor can then contact the Department of Compensation or his/her HR Business Partner for clarification and how to proceed to the next steps.