VII-9.11 - POLICY ON PAY ADMINISTRATION FOR EXEMPT POSITIONS (Approved by the Board of Regents on December 3, 1999, EFFECTIVE January 2 and January 12, 2000) I. PURPOSE AND APPLICABILITY This policy governs the pay administration for positions in the Exempt group and applies to all Exempt employees of the University System of Maryland. II. PRINCIPLES The University System of Maryland is composed of 13 distinct and complementary institutions united by the mission of advancing education, research and service. Each institution will compensate employees according to the following principles: A. Market Based - Pay ranges and structures shall be appropriately competitive within each institution's respective employment market. B. Internal Job Value - Assignment of jobs to pay ranges will reflect the relative value of jobs within each institution. C. Individual Pay - Employees will be paid according to job value and their contribution to the institution's mission. III. PROGRAM DESIGN Each Institution is responsible for design of a Pay Administration Program for exempt positions consistent with the principles delineated in Section II above. This program will be submitted to the Chancellor for approval prior to implementation. IMPLEMENTATION PROCEDURES: Each Chief Executive Officer shall identify his/her designee(s) as appropriate for this policy; shall develop procedures as necessary to implement this policy; shall communicate this policy and applicable procedures to his/her institutional community. Prior to the initial implementation of the Exempt Pay program, each Institution shall forward a copy of such procedures to the Chancellor for approval. REPLACEMENT FOR: Additionally, this policy supersedes, in whole or in part, any policy(ies) and/or procedure(s) established by the Regents, Trustees, Presidents, or their designees, of the former institutions of the University of Maryland, and of the former State Universities and Colleges, and of the Regents of the University System of Maryland that are in conflict with this policy's purpose, applicability, or intent, that may have been overlooked and not included as a specific citation under Replacement For.