【正文】
egrates faculty views on Total Rewards ponents。 ?December 10, 2020 May 2020 Total Rewards Study Outes Summary Results 1 Table of Contents ? Overview ? Focus Group Findings ? Market Analysis Findings ? LMU Practices ? Market Analysis ? Total Rewards Findings* *Additional benefit areas (housing, sabbatical, etc.) still under study. Overview 3 University Total Rewards ? Health/ Welfare ? Retirement ? Dental ? Time Off ? Housing ? Tuition Remission NONMONETARY Growth amp。 Career Development Communication amp。 and ? Aligns with the Total Rewards philosophy of Loyola Marymount University (LMU). ? Specifically, Watson Wyatt (WW) has worked with LMU to: ? Conduct a petitive analysis of Total Rewards ? Develop guidelines for determining pensation by faculty rank and discipline 5 Project Scope ? Three levels of faculty positions are covered in this study ? Assistant Professor ? Associate Professor ? Full Professor ? Schools covered in study ? College of Liberal Arts ? College of Science and Engineering ? College of Communication and Fine Arts ? School of Film and Television ? School of Education ? College of Business Administration Focus Group Findings 7 Objectives ? The purpose of these focus groups was to gain an understanding of faculty opinions regarding Total Rewards at LMU ? The information shared helps Watson Wyatt evaluate LMU’s Total Rewards programs for faculty in terms of faculty perceptions, which need to be validated by objective data and analysis of Total Rewards at parable colleges and universities 8 Methodology ? Watson Wyatt conducted ten focus groups with Faculty in October and November 2020 ? Approximately 75 individuals participated in the focus group study ? The information shared in these focus groups was confidential in nature ? Watson Wyatt39。 Universities: Traditional Group 75 th Per c en ti l e $2 76 ,63 9Me dian $2 04 ,44 7Av er ag e $2 16 ,53 325 th Per c en ti l e $1 39 ,98 9L o y o la M ary m o u n t $2 25 ,37 4En d o w m en t Siz e St at ist icsTraditional Comparator Group from CUPA Endowment Size (000s) Pitzer College $45,111 University of San Diego $87,953 University of San Francisco $132,462 Scripps College $162,569 Loyola University of Chicago $198,100 Fordham University $210,793 Occidental College $230,092 Claremont Graduate School $292,155 Pepperdine University $399,400 University of Santa Clara $406,694 Cal State Los Angeles N/A Cal Poly San Luis Obispo N/A 16 Comparator Colleges amp。 Career Development Communication a