COMPENSATION AND BENEFITS PHILOSOPHY
Morehouse College provides equity, incentive and external comparability in the administration of the College’s compensation program for all employees. The College will attempt to employ competent personnel at competitive rates with other similar institutions within the framework of applicable law and consistent with the judicious expenditure of funds entrusted to it. The philosophy for the compensation program is the heart of rewarding employees through a competitive compensation package in exchange for performance of all assigned responsibilities in an exemplary manner that is consistent with the high standards of Morehouse College.
Morehouse College is set to pursue the compensation program goals in accordance with its overall fiscal position. The College recognizes during periods of exceptional institutional fiscal difficulties there may be unique circumstances where pay adjustments are desirable for certain employees when the failure to do so poses strategic risks to the institution. Periodic salary increases shall be based on performance as reflected in the annual performance review that should be conducted by department managers, the effects of inflation and the ability of the College to compensate. While not guaranteed, Morehouse College will make every effort to accommodate unanticipated needs as budget resources allow while respecting the goals of the compensation program.