Annual Staff Compensation Program
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The Annual Staff Compensation Program is the formal program designed to advance Stanford's ability to attract and retain top talent and provide maximum flexibility to managers in making compensation decisions that reward performance.
- A review of eligible staff employees' base pay is typically conducted annually.
- A base pay increase could be recommended and used by an employee's manager to recognize individual performance and address any market, equity or retention concerns.
- Stanford's Budget Group determines the Annual Staff Compensation Program based on competitive practices and economic environment.
- HR managers in schools and VP areas use tools and guidelines in their secure toolkit to administer the annual program.