Compensation for earning a degree?
Carolil
79 Posts
We are having an internal conversation about whether to reward folks with an increase in their salary if they obtain an educational degree. I am interested in what others do. Traditionally we have factored in the degree only when it results in a change in the skills someone can bring to their position in demonstrable ways that justify a higher salary. There is some discussion about rewarding with extra compensation (still built into the salary) so that it isn't left to individual supervisors to determine/advocate for, and as a way of sending the message that we support advanced education.
The degrees in question are most often Masters or PhD level, but can also be 4-year college or associates degree. The degrees must be related to the individual's work.
What does your organization do, or what are your thoughts on this?
Thanks.
The degrees in question are most often Masters or PhD level, but can also be 4-year college or associates degree. The degrees must be related to the individual's work.
What does your organization do, or what are your thoughts on this?
Thanks.
