College creates transparent, fair, market-based compensation program to attract and retain key talent.
Macalester had sometimes purchased individual surveys or reports from industry associations in the past. While this gave them some market information, they weren’t always confident it informed their decision-making in the right way. That market data had to be massaged to make it fit to the skills, education, experience levels, and certifications for their academic jobs. Also some jobs on campus are not academic jobs, and those were also difficult to benchmark before they subscribed to PayScale Insight.