Total Compensation Overview
A Swarthmore College employee's total compensation includes: 1) annual base salary paid in the monthly or biweekly paycheck and 2) the value of College benefits, such as health, life and long term disability insurance, retirement plan contributions and plans such as employee educational assistance and tuition grants for staff children.
The purpose of Swarthmore's salary system is to achieve the following objectives:
- Retain and motivate a highly qualified staff through a competitive compensation system.
- Evaluate jobs consistently, fairly and communicate findings to the staff.
- Regularly measure the external market value for comparable jobs and adjust the salary structures accordingly.
- Place staff positions in the appropriate pay grade with salary ranges that are competitive with the marketplace for comparable jobs.
Human Resources participates in numerous local, regional and national salary and benefit surveys in order to establish and maintain competitive salary levels within the marketplace. Swarthmore's marketplace reflects our recruiting practice and is defined as local for non exempt staff, local/regional for entry to mid level exempt staff and regional/national for director level and above. Human Resources researches data from general industry and education in establishing and maintaining our competitive salary levels.