University leadership has approved a $5.6-million salary pool for discretionary merit-based pay increases for employees in fiscal year 2022-23. Merit increases are effective July 1.
Merit-based salary increases are given to high-performing employees and vary by individual and position. Deans and vice presidents have discretion in allocating their respective salary pools by unit, based on annual performance reviews.
We value our people and prioritize compensation and benefits. Despite headwinds that remain in higher education, we continue to look forward to Marquette’s bright future and make this commitment to invest in our faculty and staff, who demonstrate excellence and care every day.
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.
Marquette employees did not see any increase to their medical, dental and vision premium rates for 2022, and new voluntary benefits were added. 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.