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Compression-Equity form - Office of the Provost

Compression-Equity form - Office of the Provost 2025

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The document outlines the procedures and requirements for submitting requests to the Compression-Equity Fund Initiative at UW-Madison's Academic Personnel Office. It includes a form for faculty to propose salary adjustments, detailing current salaries, proposed increases, and justifications related to compression-equity issues. The deadline for submissions is May 26, 2010, with a review process expected to take about one month.

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What are adjustments to equity?

An equity adjustment to an employees salary is made in recognition of certain influences that cause the employees compensation level to move out of line with their responsibilities from an internal standpoint or external competitive market conditions.

What does an equity adjustment mean?

An equity pay adjustment is a change in the salary rate of an employee whose position is classified under the position classification plan to any rate within the employees salary group range that is necessary to maintain desirable salary relationships between and among employees of the agency, or between employees of

What does adjustment mean on a pay stub?

A payroll adjustment refers to any change in an employees regular pay. This change can be an increase or a decrease. It can also be a one-time change or a permanent one. A pay raise, for example, is a positive and permanent adjustment because youre increasing your employees pay moving forward.

What does it mean when a company pays you in equity?

Equity compensation is non-cash pay that is offered to employees. Equity compensation may include options, restricted stock, and performance shares; all of these investment vehicles represent ownership in the firm for a companys employees. At times, equity compensation may accompany a below-market salary.

What is an equity review?

Policy. An Equity Increase is a salary increase that may be granted when an inconsistency in an employees compensation is noticed. Equity increases are not intended to replace or supplement bonuses, merit increases, or reclassifications.

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