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The Management Group Compensation Video Series

Information Box Group

Members of The Management Group (TMG) serve in a wide variety of important roles throughout the university and are critical to McMaster’s overall success.

McMaster’s total rewards approach provides members of TMG with a competitive salary, benefits, retirement savings, well-being programs, paid time off, as well as programs supporting personal and professional development – all designed to recognize the significant contributions made to McMaster by members of TMG. This approach aligns with the university’s pay-for-performance philosophy, strategic priorities, and commitment to excellence.

but what does that mean and how does this impact members of TMG?

This series is intended to help explain our TMG compensation approach in 2 to 3 minute videos on select topics.  Additional videos will be released periodically – if you have a request or idea for a topic, please share it with us by emailing it to hr.mcmaster@mcmaster.ca.

Salary Ranges

TMG salary ranges determine the salary for jobs, but how are the ranges determined?

This video will focus on the TMG Salary band structure. Specifically,

  • how the ranges are set through market analysis
  • how the band target is determined
  • how the band minimum and maximum are calculated

Compa-Ratios

Compa-Ratios are a foundational aspect of the TMG compensation program. In this series learn about this simple calculation that should guide salary decisions.

Related Documents

PDF

Salary Ranges for TMG

Salary ranges for TMG, outlining the minimum, fully competnent target and maximum for each band.

PDF

TMG Total Rewards Philosophy

Philosophy of the Total Rewards program for members of TMG

PDF

Total Rewards Policy for Employees in TMG

This Policy defines and outlines the Total Rewards program provisions for employees in TMG who are covered by this Policy.

PDF

Guidelines for Cash Compensation Administration for Employees in TMG

Guidelines to assist leaders to determine reasonable and appropriate compensation adjustments for TMG.

Contact Me

For jobs in the Faculty of Health Sciences, please contact your HR consultant.

Dejana Corovic

Senior Manager, Compensation