Baylor University values its most important asset, its people. In support of Baylor University's Christian mission, Human Resources partners with its leadership and supervisory management to provide a market relevant competitive total compensation program, which includes pay and fringe benefits.
The University is a complex organization with a wide variety of jobs; we compete for talent in a number of markets. Our intention is to benchmark jobs to the markets that best reflect our recruiting practices. For example, we recruit for some positions among local Waco-area employers, regardless of industry. On the other hand, the market for most higher education-specific jobs would be institutions with similar characteristics to Baylor University.
Our compensation and performance management programs have been designed in support of our "pay for performance" principle. The annual performance appraisal process is integrated with the compensation program to provide performance-based merit increases.