University leadership has approved a $4 million salary pool for discretionary merit-based pay increases for employees in fiscal year 2024-25. Merit increases are effective July 1.
Merit-based salary increases are given to high-performing employees and vary by individual and position. University Leadership Council members have discretion in allocating their respective salary pools by unit, based on annual performance reviews.
Marquette’s greatest asset is its people, and university leaders will continue to prioritize investing in faculty and staff, through compensation and benefits, for their remarkable contributions to advancing the university’s academic and Catholic, Jesuit missions.
Total Rewards program
In addition to merit-based increases, the university has a robust Total Rewards program, which includes five areas: health and wellbeing; compensation and financial security; development and growth; family and work-life flexibility; and campus life.
The university contributes 8% of salary to a TIAA 403(b) retirement account for qualified employees who voluntarily contribute 5% of their gross salary to the account.
Performance review and merit timeline:
- May 13 – 24: Merit documents sent to budget liaisons, supervisors. Supervisors should use performance management documentation to inform merit awards.
- May 20 – June 7: Supervisors conduct performance review meetings, submit written reviews to employees. Reviews completed, signed and sent to HR by June 7.
- May 28 – June 4: ULC members review merit awards.
- June 19 – Budget Office will communicate to supervisors that the review of the merit increases has been completed and approved.
- June 20 – 28: Once communication has been received from the Budget Office, supervisors should communicate merit awards to employees.
- July 1: Merit increases applied .
