Tulane has two (2) compensation structures: standard salary ranges and premium salary ranges. These salary ranges consist of ten (10) pay grades and five (5) career bands, into which similarly functioning jobs are placed. Both structures are based upon a 40-hour work week.
Standard salary ranges reflect annual and hourly rates which are market-driven. The majority of Tulane’s positions are assigned to this compensation structure.
Premium salary ranges are almost identical to standard salary ranges. The distinguishing factor is that a 15% premium has been applied to the salary ranges. When developing the salary ranges, market data reflected a 15% differential for specialized and hard-to-fill jobs. Compensation, in discussion with management, assigns positions to this range.