Compensation & Performance Management
Virginia Tech is committed to providing our expert faculty and staff with competitive compensation and rewarding excellent employee performance.
Virginia Tech employees are classified as faculty, staff, or wage. Learn more about employee classifications at Virginia Tech.
Compensation Management is integral to attracting the best employees and making Virginia Tech an employer of choice. The Compensation Management program incorporates competitive offers, in-band adjustments, market data, overtime (FLSA), pay strategy, pay structure, and role changes.
Performance management at Virginia Tech is a multi-phase process that includes setting strategic goals and priorities, creating programs, monitoring program activities, and reviewing results. Additionally, it describes how the university prioritizes performance objectives in response to growth sparked by Beyond Boundaries goals and initiatives.
Total compensation includes not only salary, but additional benefits such as paid time off, insurance, retirement plans, educational assistance programs, and much more as well. Current and prospective employees can utilize the Total Compensation Estimator to help illustrate the overall value of the university’s comprehensive employment package.