University Remuneration Review

You are currently viewing a 2010 survey.

Latest release: July 2010

The report analyses remuneration levels and general HR policies and practices specific to the university sector. View sample page View list of positions View list of participants

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Survey Stats	Position Families Analyzed	Data Collected
Data Analyzed	Survey Schedule

Remuneration

HR Policies and Practices

Mercer PayMonitor

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This survey will assist universities to:

• benchmark pay and HR practices against other universities

• be aware of any premium jobs which may pay above 'market rates'

• ensure HR policies are competitive

• monitor remuneration trends

De-briefing seminar

A de-briefing seminar for feedback and networking opportunities will be held in August each year and will be open only to participating universities.

Remuneration

Remuneration package components analysed:

• Base salary

• Notional salary

• Leave loading

• Market loading

• Housing/residence allowance

• Car allowance

• Other allowances

• Total cash

• Superannuation - employer contribution

• Parking

• Car purchase price

• Car benefit value

• Total remuneration

• Value of FBT

• Employment cost

• Actual incentive/bonus

• Target incentive/bonus

• Total Employee Reward

Additional analysis of the remuneration data based on the following criteria will be included in the report:

• State

• Regional vs Metropolitan

• Operating Budget

• Number of Students

• Number of Employees

• Contract Type

HR Policies and Practices

Policies closely related to remuneration are also surveyed:

• Level of reporting

• Nature of employment

• Remuneration strategy

• Remuneration packaging

• Variable pay

• Vehicle policy

• Job facility vehicles

• Termination and redundancy

• Performance management

• Attraction and retention

• Non financial reward

• Workforce planning

• Leadership and development

• Leave policies

Mercer PayMonitor^®

Mercer PayMonitor is an online market pricing tool that provides access to Mercer's compensation data. The fees stated below include use of PayMonitor. For an online demonstration of PayMonitor, click here.