Each staff role at Reed is assigned a salary range. When determining the salary range for a job, the first step is to match the scope of responsibility and authority with similar jobs on campus. The second step is to consider what pay the job commands in the labor market and adjust the salary range up or down accordingly.
All jobs on campus evolve and duties are often added, changed or subtracted. Typically, unless more than 50% of job duties change, the job's salary range will not be reexamined. Thus, changing salary ranges outside of the regular increase process on July 1 is rare. Adding or subtracting direct reports does not typically necessitate reclassification.
Reed follows the US Department of Labor’s guidance on which jobs may be classified as exempt from overtime pay and which may not. Due to state law, employees working in the Portland metro area must earn $684 per week (irrespective of FTE designation) in order to be classified as exempt.
All positions (including regular, temporary, stipend and student) must earn minimum wage. Oregon minimum wage in the Portland Metro area is $12.00/hour and will increase as follows:
|July 1, 2019||$12.50|
|July 1, 2020||$13.25|
|July 1, 2021||$14.00|
|July 1, 2022||$14.75|