ࡱ> y{x%` UbjbjNN 6l,,,(9998994C,;,;B;B;B;<<<3C5C5C5C5C5C5C$DhGYC<<<<<YCB;B;nC3?3?3?<XB;B;3C3?<3C3?3?3?B; ; 0ȼ9u<p3?g?C0C3?G<HG3?G3?4<<3?<<<<<YCYC-><<<C<<<<$T)DT) Market Supplements Policy - Appendix 2 RECORD OF THE REVIEW OF MARKET SUPPLEMENT PAYMENTS Review Stage 1 Assessing the Business Need The first section of this form should be completed by the Head of Department/College/School and Senior HR Officer in advance of the review date. It will be retained as part of the ongoing record of investigations and be referred to the Director of HR and the Remuneration Committee when the supplement is formally reviewed. Role(s) to which supplement applies  Review Stage 1 Assessing the Business NeedPlease use this section to comment on whether a business need for the use of a supplement remains, explaining the supporting rationale and associated evidence. Recommendation Following Review Stage 1 Does the evidence suggest that there remains a business need for a supplement to be paid?  YES NO Head of Department/College/School (print name)  Head of Department/College/School (signature) Date Senior HR Officer (print name)  Senior HR Officer (signature) Date Review Stage 2 Analysing the Market Data The following section of this form will be completed by an HR Department representative in each case where a market supplement payment is due for review. It will form the record of the ongoing labour market pay research and the resulting recommendations. Review Stage 2 Analysing the Market DataIssues to ConsiderEvidence What is the market pay rate for the post? Please attach evidence (quoting sources of data).  What is the difference between the standard University salary for this role and the market rate? (The full reward package should be considered when making comparisons. In addition, any incremental and cost of living increases that have been applied to the basic salary should be taken into account.)  Is the difference between the Universitys normal pay rate and the market rate likely to be a short or long term issue?  Recommendation Following Review Stage 2Issues to be consideredEvidence Is there evidence to suggest a continued market supplement would be justified in this case?  YES NO What level of supplement would be appropriate? (Please provide additional rationale if a higher than median market rate is being proposed.)  What form should this supplement take? (e.g. consider whether a lump-sum, staged or ongoing supplement would be appropriate.)  What review period would be appropriate (if applicable)?  HR Representative (print name)  HR Representative (signature) Date Review Stage 3 Formal Review The following section of this form will be completed by the Director of HR and the Remuneration Committee after considering the information presented above, and will be retained, along with the rest of this form, as a record of the decision, and supporting evidence, on whether to preserve, vary or withdraw the market supplement payment. Review Stage 3 Formal ReviewIssues to be consideredDecision Will the market supplement be withdrawn, reduced, preserved or increased? Please provide details as appropriate. 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U V b c d e f g h j t u v w x y z { } e f *+VX0HP X0>X0H X0>X0H X0>X0H X0>X0H 0!X0>X0 H h!X0>X0 H !X0>X0H!X0>X0H"X0>X0HX0>X0HX0>X0HPX0>X0HX0>X0HX0>X0HX0>X0H0X0>X0 H!hX0>ݑ0"#ݑ0>ݑ0$%ؠݑ0>ݑ0&'ݑ0>ݑ0()<4X0>ݑ0*+4ݑ0>ݑ0?:ݑ0>ݑ0<X0X0X0X0X0X0X0X0X08<95 X0|E X0X0 X0 X0X0X0X0  X0  X0 X0  X0 X0 X0 X0  ا X0 X0 X0X0X0X0E X0 X0X0 X0X0X0X00E X0 X0X0X0X0X0X0X0X0X0X0X0hEX0X0X0  X0X0X0X0X0X0uv<X0wx<X0yz=X0{|P=X0}~= , X0=X0` '''*ALU %5  y  : k E~fye*7U  !"#$&'()*+,-./01234T "*!8@0(  B S  ?,,..//124578SV8 ; ,,..//124578SV33p|=u B X c j u }  C f $+,,..//124578;EOQSV c e u v +,,..//124578SV%Cfv\l6&'oyz|239:;kDEF q~       U b f g h u y z {   e f #$)*+V@++, ++U@UnknownG: Times New Roman5Symbol3& : Arial;SimSun[SO"1hFF\&  !nnx4d%%2QHP ? 2Draft Appendix 2Market Supplements Fergus Brownpos002Oh+'0 ,8 X d p |Draft Appendix 2Market SupplementsFergus Brown Normal.dotpos0022Microsoft Office Word@Ik@H:@T+@T+ ՜.+,0 hp|  %' Draft Appendix 2 Title  !"#$%&'()*+,-./012345689:;<=>?@ABCEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefgijklmnoqrstuvwzRoot Entry F vͼ|Data 7c1TableDGWordDocument6lSummaryInformation(hDocumentSummaryInformation8pCompObjq  FMicrosoft Office Word Document MSWordDocWord.Document.89q