Compensation Policy
Compensation Policy
Policy
________________________________________
Document Number:  HR--133	Revision #:  1.0
Document Owner:  Executive VP	Date Last Updated:  08/17/2012
Primary Author:  Director of Human Resources	Status:  Approved
Date Originally Created:  01/17/2012	
________________________________________
General Description
Description:	Information about compensation policies relative to HR policy.
Purpose:	Delineation of policy.
Scope:	All faculty, staff, and administrators
Responsibility:	Human Resources
________________________________________
Requirements
Relevant Knowledge:	In order to comply with this policy you should know: 
Federal statutes
Current University policy
Terms and Definitions:	Additional training
Corrective Action
Loss of privilege, general
________________________________________
Policy Provisions
1.	Compensation policy
Cumberland University, like most other employers, is subject to federal laws that govern salary and wage activity.
________________________________________
Performance Evaluation
Performance Metrics:	Compliance with standard policy and procedure
Compliance with federal mandate
Consequences:	Further training
Loss of privileges
________________________________________
Subject Experts
The following may be consulted for additional information.
Director of Human Resources