{"id":278,"date":"2024-07-17T19:36:19","date_gmt":"2024-07-17T19:36:19","guid":{"rendered":"https:\/\/www.mtsu.edu\/policies\/?page_id=278"},"modified":"2026-04-21T11:37:45","modified_gmt":"2026-04-21T11:37:45","slug":"p808","status":"publish","type":"page","link":"https:\/\/www.mtsu.edu\/policies\/p808\/","title":{"rendered":"808 Compensation Reporting and Approvals"},"content":{"rendered":"\n<p><strong>Approved by Board of Trustees<\/strong><strong><br>Effective Date:&nbsp;June 5, 2017<br>Responsible Division: Business and Finance<br>Responsible Office: &nbsp;Human Resource Services<br>Responsible Officer: &nbsp;Assistant Vice President, Human Resource Services<\/strong><\/p>\n\n\n\n<p><strong>I. &nbsp;Purpose<\/strong><\/p>\n\n\n\n<p>The goal of Middle Tennessee State University (MTSU or University) is to provide all employees compensation consistent with market data and satisfactory job performance. This policy establishes that this goal is reflected within MTSU\u2019s budget and will be dependent upon budget availability.<\/p>\n\n\n\n<p><strong>II.<\/strong>&nbsp;&nbsp;<strong>Compensation Philosophy<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\" style=\"list-style-type:upper-alpha\">\n<li>MTSU desires to have a compensation system which is fair, equitable, and accountable.\n<ol class=\"wp-block-list\">\n<li>MTSU will consider budget availability in all salary decisions.<\/li>\n\n\n\n<li>This policy will cover compensation transactions.<\/li>\n\n\n\n<li>The same approval policies apply to positions totally supported by restricted or auxiliary funds.<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>Faculty\n<ol class=\"wp-block-list\">\n<li>Faculty salaries will be a primary objective and priority in developing and approving the overall University budget.<\/li>\n\n\n\n<li>It is the goal of MTSU, within available funds, to provide competitive compensation for faculty, consistent with the market data for their discipline and rank at officially recognized peer institutions and consistent with performance.<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>Staff. \u00a0It is the goal of MTSU, within available funds, to compensate staff within the approved compensation plan consistent with market data and performance.\u200b<\/li>\n<\/ol>\n\n\n\n<p><strong>III.<\/strong>&nbsp;&nbsp;<strong>Approvals<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\" style=\"list-style-type:upper-alpha\">\n<li>MTSU\u00a0shall develop\u00a0compensation plans approved by the Board. These plans will be updated consistent with this policy. New or revised compensation plans that may include merit, equity, and market increases are submitted to the Board for approval.<\/li>\n\n\n\n<li>All salary increases listed below are subject to approval by the Board of Trustees (Board).\n<ol class=\"wp-block-list\">\n<li>All Vice Presidents or other executives reporting directly to the President (academic, business, student affairs, etc.) including all interim appointments;<\/li>\n\n\n\n<li>Chairs of Excellence, including interim appointments;<\/li>\n\n\n\n<li>Faculty promotions;<\/li>\n\n\n\n<li>Increases based on the approved compensation plan;<\/li>\n\n\n\n<li>Additional across-the-board increases;<\/li>\n\n\n\n<li>Additional bonuses; and<\/li>\n\n\n\n<li>Any other positions which may be designated by the Board.<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>Salary increases are not final until approved by the Board, unless otherwise provided for in this policy.<\/li>\n<\/ol>\n\n\n\n<p>Forms:&nbsp; none.<\/p>\n\n\n\n<p>Revisions: none.<\/p>\n\n\n\n<p>Last Reviewed: May 2024.<\/p>\n\n\n\n<p>References: none.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Approved by Board of TrusteesEffective Date:&nbsp;June 5, 2017Responsible Division: Business and FinanceResponsible Office: &nbsp;Human Resource ServicesResponsible Officer: &nbsp;Assistant Vice President, Human Resource Services I. &nbsp;Purpose The goal of Middle Tennessee State University (MTSU or University) is to provide all employees compensation consistent with market data and satisfactory job performance. This policy establishes that this goal [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-bannernosidebar.php","meta":{"footnotes":""},"class_list":["post-278","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/pages\/278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/comments?post=278"}],"version-history":[{"count":1,"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/pages\/278\/revisions"}],"predecessor-version":[{"id":3167,"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/pages\/278\/revisions\/3167"}],"wp:attachment":[{"href":"https:\/\/www.mtsu.edu\/policies\/wp-json\/wp\/v2\/media?parent=278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}