Philosophy
UofL is committed to the advancement of the Louisville community, the commonwealth, UofL’s mission and values and our responsibility for managing the public’s trust. Our Total Rewards program supports the attraction and retention of superior talent. The program is designed to promote the institution’s deep commitment to equity and inclusion. We are committed to continuously improving our processes to ensure a diverse workforce and fairness in how we compensate our employees.
In partnership with Segal, a national firm that has completed similar studies for more than 120 universities, the Total Rewards Study team developed the following guiding principles:
One UofL
The design and administration of the Total Rewards program are university-wide and support the needs of the institution as a whole. Our program balances flexibility and consistency to ensure they meet the needs of our schools/colleges and units.
Markets for talent
Markets for talent are generally local or regional for non-exempt and entry-level professionals. For faculty, specialized professionals and leadership, talent markets are national and international.
Pay positioning
Strive to pay competitively with relevant talent markets. Individual pay positioning varies based on impact and contributions to the university foremost, with consideration to experience, skills, education and embodiment of UofL’s values.
Benefits
Provide a comprehensive, competitive and attractive suite of health, wellness, education and financial security benefits to care for our employees and their families today and in the future. Benefits are provided broadly across the institution.
Career
Shared responsibility between employees and leaders; employees own their development with the support and encouragement of UofL. The institution is responsible for providing clarity and opportunities for development.
Communication, transparency and governance
Program designs are transparent and communicated regularly to promote awareness, understanding and satisfaction. Decision-making roles and processes are clearly defined among all institutional stakeholders.