In 2021, Human Resources, Faculty Affairs and Segal, a national firm, were tasked with leading a Total Rewards Study. Total rewards include, but are not limited to monetary compensation, medical, life, dental and vision insurance, 403(b) retirement savings plans, tuition remission, wellness programs, and employee assistance programs.

One core component of the Total Rewards Study is the Faculty Compensation Study. The purpose of the Faculty Compensation Study is to review and compare UofL’s Faculty salaries by rank and discipline to the market. Upon completion of the Faculty market assessment, Segal will provide assessment results to administration and committee representatives. Administration will then develop a plan on incorporating Segal’s Faculty assessment findings.

We understand the emotional and personal aspects surrounding this topic and believe it deserves the utmost respect and consideration as we continue our initial step towards creating a market-competitive compensation and pay structure; building the foundation to provide opportunities for career growth and advancement. We hope you will continue to follow this university-wide initiative and provide meaningful dialogue as we continue to pursue a structure that optimizes our employee rewards programs and acknowledges the hard work and dedication that you bring to your position at the University of Louisville.