Sustainable and competitive compensation will include appropriate growth over time and career stage; recognize the importance of teaching as a profession; and inspire long-term commitment and sustained excellence by faculty.
Develop a comprehensive compensation strategy that includes:
- completing a compensation study in 2013 to fully address internal and external factors and develop models for consideration;
- developing a phased plan to raise the level of total compensation for faculty members and provide growth of compensation during the progression of a Milton teaching career;
- developing a funding mechanism for these investments that will sustain competitive total compensation over time.