Compensable Factors
Compensable factors were identified for the evaluation and pay band classification of positions and weighted to reflect Marquette's mission and values:
- Education--Minimum level of education or formal training required
- Work Experience--Minimum level of related work experience
- Job Complexity--evaluates the complexity of duties and the extent to which the duties are standardized vs. non-standardized
- Decision Making--evaluates the frequency and authority of decision making
- Impact of Decisions--evaluates the impact of a job's decisions and probable consequences of errors
- Contacts--evaluates the type, variety and purpose of work contacts
- Technological proficiency--evaluates the degree of technical skill necessary to successfully and competently perform the job
- Supervision exercised--evaluates the extent to which the job incumbent is required to explain, direct, prioritize, monitor, guide or perform traditional supervisory duties for others
- Confidential information--evaluates the degree to which a job is required to handle confidential information
- Working conditions--evaluates the frequency/exposure type to which a job involves exposure to conditions that tend to be hazardous/undesirable
These compensable factors help identify whether a position is exempt or non-exempt.
