West Virginia Executive Officer One-Year Incentive Plan

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Control #:
US-CC-20-161F
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20-161F 20-161F . . . Executive Officer One-Year Incentive Plan under which each participant receives a cash award that is determined by a two-step process which considers both the performance of the corporation as a whole during the year and the individual performance of the participant
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FAQ

The minimum rate for employees currently in pay grades 9 and 10 will be increased to $12 an hour. The entry rate increase program does not apply to student workers, who will continue to be paid at the rate determined by the department or unit in which they are employed.

Classification and compensation plans group positions on the basis of a uniform criteria (i.e. job duties and knowledge requirements). It then allocates positions to salary grades that reflect their relative worth to the organization.

The average West Virginia University salary ranges from approximately $21,833 per year for Personal Trainer to $259,200 per year for Hospitalist. Average West Virginia University hourly pay ranges from approximately $9.98 per hour for Intern to $40.77 per hour for Admissions Specialist.

Pay grades typically increase with each job level when organized by the most pertinent factors to each organization. Businesses often consider the market value of a job combined with the function and complexity of each position within the company.

Pay grades can be based on market prices, as mentioned above, or actual salaries or a combination of the two methods. For example, you could use market data to establish the salary range for a specific pay grade and use actual salaries to determine the midpoint in the range.

The average Child Protective Service (CPS) salary in West Virginia is $52,558 as of September 25, 2023, but the range typically falls between $46,987 and $58,916.

A 'grade' refers to the General Schedule (GS) pay scale ? it's the pay level for the job. The higher the grade level, the higher the pay. The GS pay schedule is the most common pay schedule, but there are others, including the wage scale and special rates.

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West Virginia Executive Officer One-Year Incentive Plan