RISD’s grade structures are tools used to help administer compensation. RISD currently has three staff grade structures:
RISD designs its grade structures to be:
- internally fair.
- externally competitive (to recruit and retain).
- efficient to administer.
- financially sustainable (cost effective).
RISD’s grade structures consolidate and group numerous positions of similar internal value into a pay grade with a competitive pay range (minimum, 25th%, midpoint, 75th% and maximum).
Since numerous positions are grouped and consolidated into a single grade, the competitive pay range for a singular position will not always span the entire pay grade range. Rather the competitive pay range for a singular position is often narrower.
Also, RISD assigns a position to a grade based on the position content and market value, not the incumbent value.