Compensation at WPI
WPI’s compensation program is designed to provide competitive, fair, and equitable compensation in order to attract, retain, and engage qualified employees.
WPI, through its compensating program, will:
1. Provide pay opportunities that are based on job responsibilities, are competitive within the markets in which WPI competes for talent, promote internal equity with jobs that have similar duties, and consider the financial resources of WPI.
2. Recognize and reward sustained contributions towards achieving WPI's mission, vision and strategic objectives, performance against agreed upon expectations, and expertise
3. Ensure understanding of the compensation program through open and clear communication, accessible information, and continued training for leaders, managers, and staff on key components of the program.
New employee salaries start between the minimum and the midpoint of a grade, depending on the position and the employee's experience
2024 Pay Ranges |
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Pay Grade | Minimum | Midpoint | Maximum |
1 | $31,400 | $38,500 | $45,600 |
2 | $35,200 | $43,100 | $51,000 |
3 | $39,400 | $48,300 | $57,200 |
4 | $44,200 | $54,100 | $64,000 |
5 | $49,500 | $60,600 | $71,700 |
6 | $55,400 | $67,900 | $80,400 |
7 | $62,500 | $78,100 | $93,700 |
8 | $71,800 | $89,800 | $107,800 |
9 | $82,600 | $103,300 | $124,000 |
10 | $95,000 | $118,800 | $142,600 |
11 | $109,000 | $139,000 | $169,000 |
12 | $127,500 | $162,600 | $197,700 |
13 | $149,200 | $190,200 | $231,200 |
14 | $175,500 | $228,200 | $280,900 |