Florida Institute of Technology
High Tech with a Human Touch
Compensation Policies
Compensation
Policy
The intent of this policy is to provide an available, concise source of information concerning the
compensation policies and procedures of Florida Tech. Providing this reference will result in a better understanding of the
compensation program and objectives.
Employee Class Titles Policy and Procedure
Employees are appointed to an employee class based upon
established parameters of each employee class. Specifically, all employees assigned to an employee class have the following in common:
salaried (exempt) or hourly (non-exempt) status; vacation leave accrual schedule; holiday schedule; benefit eligibility; and full- or
part-time status.