University leadership has approved a $3.9 million salary pool for discretionary merit-based pay increases for employees in fiscal year 2023-24. 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.
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.
