Who is Mindstream?
Mindstream is a management consulting firm specializing in organizational improvement and innovation in higher education. Their team has a combined 35 years of experience in higher education, and they’ve been helping colleges and universities optimize scarce resources to higher education’s core missions of teaching, research, and service since 2001.
What are the benefits of a classification and compensation system?
A classification and compensation system will allow ACU to:
- Ensure fairness and equality. By listening to your needs and understanding the needs of the university, we will implement a standard set of measurable compensation goals for staff employees.
- Develop consistent expectations. This system provides clarity for staff employee and supervisor relationships to accomplish their goals through standard performance measurements.
- Attract and retain the best talent. We will routinely assess staff employment competitiveness, based not only on compensation but other measures as well. This process will be data-driven and quantifiable.
- Provide clear paths for career advancement. We will examine, implement, and assess innovative human resource practices that lead to opportunities for career growth, a positive and safe workplace environment, employee recognition, and good communication.
- Provide financial stability. This system positions us to build a strategic budget that allows for a competitive and equitable total compensation package, effective professional development of employees and forecasting budget needs to sustain a high-performance environment.
How long will the classification and compensation project last?
The classification and compensation project is expected to be complete in the summer of 2018.