Compensation Management is an integral part of an organization and contributes to its overall success in several ways. To be effective, the managers must appreciate the value of competitive pay, their human resources, and have an investment view of payroll costs. We want to maintain pay levels that attract and retain quality employees while recognizing the need to manage payroll costs.
Effective Performance Management aligns the efforts of supervisors and employees with departmental and campus goals, promotes consistency in performance assessment, motivates employees to perform at their best, and is conducted with fairness and transparency. The employee, the supervisor, and W&M are critical members of a partnership that ensures effective performance planning, assessment, coaching, and development.