At St. Francis Xavier Catholic School System, one of our strategic pillars is Operational Excellence. We believe that providing excellence in education begins with caring for our teachers and staff.
As part of our recently unveiled strategic plan, we stated we would embark on a system-wide compensation study to ensure we can attract and retain top teaching talent.
Today, we're thrilled to share that we have partnered with Carlson Dettmann Consulting to study and revamp our compensation systems across all staff roles.
Here's a glimpse of what this journey entails and the positive impact we anticipate:
Purpose and Objective
Our primary goal is to ensure that our compensation structure aligns with the exceptional talent we are fortunate to have within our school community. Through a comprehensive analysis, we aim to refine the relationships between different positions, creating a balanced and rewarding system.
Internal and External Competitiveness
In addition to our internal assessment, we will benchmark our roles against both internal and external benchmarks. This step is crucial to ensure our compensation remains competitive, attracting both existing and potential staff members.
Fostering Talent and Sustainability
We aim to develop a pay structure that not only maximizes the potential of our current staff but also entices future talent to join our community. Our objective is to create a sustainable and equitable pay framework that acknowledges and rewards excellence.
Equity and Compression
This process will design a step/lane system that upholds equity principles while addressing concerns related to compression. We're committed to maintaining a fair and transparent compensation structure that empowers our staff to grow and excel.
This comprehensive review will extend into the next calendar year, with any resulting compensation changes taking effect for the 2024-2025 academic year.
It is anticipated that the full implementation of this study will require a multi-year strategic approach and careful consideration.
Rest assured, no employee will experience a pay reduction due to this study. We are dedicated to ensuring a smooth transition that values each team member's contributions.
We are excited about the potential that this collaboration holds for St. Francis Xavier Catholic School System. By nurturing a robust compensation structure, we are taking a significant stride toward fostering an environment where excellence thrives, and our staff members can truly shine.
Thank you for your continued support, and we look forward to sharing more updates in the coming months.
Together, we're building a brighter future for all within the Xavier community!