Pay Opportunities in Tufts Compensation Program
Tufts BroadBand system provides opportunities for salary growth based on changing markets, change in a position’s responsibilities, or professional growth of an individual within a position.
Managers who identify a need to review the salary of a position or individual in the position are encouraged to contact a member of our Compensation staff prior to beginning the formal process. Our staff will provide feedback and advice on how to proceed
These salary changes affect an employee’s BASE SALARY:
| Type | Purpose | Key Features | Implementation |
| PROGRESSION | Recognizes significant development of competencies or increase in responsibilities. |
|
|
| PROMOTION | Changes in current position result in movement to a higher band or zone or Employee moves into another job in a higher band or zone |
|
|
| MARKET | Maintains competitive position between the external market and Tufts salaries |
|
|
ONE TIME AWARDS
At times, it may be appropriate to propose a one-time payment for an employee to recognize a special achievement. Lump sum awards are not included in an employee’s base salary.
| Type | Purpose | Key Features | Implementation |
| LUMP SUM BONUS | Rewards one-time event or achievement that is beyond the normal scope or expectations for the position |
Examples of situations include:
|
|
MERIT REVIEW PROCESS
Tufts uses an annual merit pay and performance review process to provide monetary recognition for prior year’s performance. Subject to financial considerations, a yearly budget is developed and used to reward most employees with a merit pay increase. Managers are expected to distribute merit pay based on performance and to operate within the annual merit spending budget. Merit pay helps Tufts maintain staff salaries that are competitive with the external market.
| Type | Purpose | Key Features | Implementation |
| MERIT PAY | Rewards performance over the past year |
|
|