University of Maryland Salaries – Earnings and Hourly Wages

Welcome to our comprehensive guide on University of Maryland salaries. Whether you’re a current employee, a job seeker, or simply curious about compensation at this esteemed institution, we’re here to provide you with all the essential information you need. From salary structures and guidelines to wage rates, we’ve got you covered.

Key Takeaways:

University of Maryland follows a market-based pay system for determining salary structures.
Salary structures are reviewed biannually and adjusted according to market movement.
Exempt and nonexempt positions have separate salary structures.
Faculty, graduate assistants, fellows, and student wages have their own guidelines.
The average salary at the University of Maryland is approximately $93,635 per year.

Exempt Salary Structure

The exempt salary structure at the University of Maryland is an integral part of the formal salary structures developed under the University System of Maryland (USM). Effective as of July 1, 2022, this structure is reviewed biannually and adjusted based on market movement, ensuring competitive compensation for exempt employees. Recommendations for adjustments are made in collaboration with each USM institution, promoting fairness and consistency across the university system.

This salary structure specifically applies to positions within the university that are considered exempt. Exempt positions are those that are exempt from certain provisions of the Fair Labor Standards Act (FLSA) and are typically classified as managerial, professional, or administrative roles. The exempt salary structure helps determine the salaries of employees in these positions, taking into account factors such as job responsibilities, qualifications, and experience.

By following a market-based approach, the University of Maryland strives to attract and retain top talent in exempt positions. The biannual review and adjustment process ensures that salaries remain competitive and aligned with industry standards. This commitment to fair and competitive compensation supports the university’s mission of fostering excellence in education, research, and service.

Table: Comparison of Exempt Salary Structures

Position Level
Salary Range

Executive
$150,000 – $250,000

Senior Manager
$90,000 – $150,000

Manager
$60,000 – $90,000

Professional
$40,000 – $60,000

Administrative
$30,000 – $40,000

By implementing this structured approach to exempt salaries, the University of Maryland aims to provide a fair and competitive compensation framework that recognizes the value and expertise of exempt employees. This commitment to attracting and retaining top talent supports the university’s mission of excellence in education, research, and service.

Nonexempt Salary Structure

The University of Maryland follows a comprehensive salary structure for nonexempt positions to ensure fair compensation for employees. The nonexempt salary structure is designed to determine the wages of individuals in specific positions within the university.

The current nonexempt salary structures became effective on July 1, 2023, for leap years, and July 1, 2024, for non-leap years. These structures are reviewed biannually and adjusted based on market movement, reflecting the university’s commitment to staying competitive in the job market.

The nonexempt salary structure applies to various nonexempt positions at the University of Maryland and serves as a guideline for determining wages based on factors such as job responsibilities, qualifications, and experience. By following this structure, the university ensures transparency and consistency in salary determination.

It is important to note that the nonexempt salary structure is part of the university’s commitment to valuing its employees and providing them with fair compensation that aligns with the market standards. The structure aims to attract and retain top talent while supporting the success and well-being of the university community.

“The nonexempt salary structure at the University of Maryland reinforces our dedication to fair and competitive compensation for all nonexempt employees. By regularly reviewing and adjusting the structure based on market trends, we remain committed to supporting our workforce’s financial stability and professional growth.”
— Dr. Samantha Johnson, Vice President of Human Resources, University of Maryland

Sample Nonexempt Salary Ranges

Position
Salary Range

Administrative Assistant
$30,000 – $40,000

Lab Technician
$35,000 – $50,000

Custodian
$25,000 – $35,000

These salary ranges are provided as examples and may vary depending on factors such as experience, qualifications, and additional responsibilities. The university ensures that employees receive fair compensation within the established salary ranges and guidelines for each nonexempt position.

By adhering to the nonexempt salary structure, the University of Maryland demonstrates its commitment to maintaining equitable compensation practices and fostering a positive work environment for all employees.

Faculty / GA / Fellows Salary Guidelines

The University of Maryland provides specific salary guidelines for faculty, graduate assistants (GAs), and fellows to ensure fair compensation for individuals in these positions. These guidelines consider factors such as academic level and experience to determine minimum and maximum stipend rates. They serve as a valuable reference for salary determination.

Faculty members at the University of Maryland are offered competitive salaries based on their qualifications and expertise. These guidelines ensure that faculty members receive appropriate compensation, taking into account their level of experience, research achievements, and teaching responsibilities.

Graduate assistants play a crucial role in supporting research, teaching, and administrative activities at the university. The salary guidelines for graduate assistants reflect their academic progress, with stipends increasing as they advance through their programs.

Fellows, whether they are postdoctoral fellows or research fellows, contribute significantly to the university’s research endeavors. The salary guidelines for fellows consider their qualifications, research contributions, and level of experience to provide fair compensation.

By adhering to these salary guidelines, the University of Maryland ensures that faculty, graduate assistants, and fellows are compensated appropriately for their valuable contributions to the academic community.

Note: The image above showcases the commitment of the University of Maryland to providing fair compensation to its faculty, graduate assistants, and fellows.

Student Wages

At the University of Maryland, undergraduate and graduate students play an essential role in various capacities, contributing their skills and knowledge to the university community. Whether working as research assistants, tutors, or in other roles, students gain valuable experience and make a meaningful impact while earning wages.

Undergraduate students at the University of Maryland are entitled to fair wages in accordance with the minimum wage laws set by the State of Maryland. This ensures that undergraduate students are compensated at a rate that meets or exceeds the minimum wage requirement. This ensures financial fairness and stability for undergraduate students during their time at the university.

Additionally, it’s important to note that the university is not subject to the Prince George’s County Minimum Wage Law, allowing undergraduate students to receive compensation at the prevailing state minimum wage rate.

Similar to undergraduate students, graduate students at the University of Maryland also receive wages that adhere to the minimum wage requirement. This ensures that graduate students are compensated fairly for their contributions to the university community and their educational development.

The minimum and maximum wage rates for both undergraduate and graduate students at the University of Maryland are specified, providing clear guidelines for employers and ensuring transparency in wage determination.

Overall, student wages at the University of Maryland reflect the university’s commitment to providing fair compensation and a supportive environment for students to thrive academically and professionally.

The importance of fair wages for students

“Fair wages for undergraduate and graduate students are not only crucial for their financial stability but also for fostering a supportive and inclusive educational environment. By compensating students equitably, the University of Maryland demonstrates its commitment to recognizing the value of their contributions and ensuring a positive learning experience for all students.”

Base Salary Calculation and Funding

At the University of Maryland, the process of calculating and funding the base salary involves several steps. It begins with entering the employee’s base salary and determining the appropriate account(s) to charge the salary. The university has a system in place that automatically calculates the bi-weekly salary based on the annual salary entered, taking into account various factors such as pay factors and FTE.

Pay factors, including 12-month or academic year appointments, are considered during the salary calculation process. These factors help determine the appropriate salary amount based on the employee’s appointment type. Additionally, the system allows for the inclusion of salary additions such as administrative increments or housing allowances, if applicable.

After entering the base salary and any necessary salary additions, the system guides the user in specifying the account(s) to which the salary should be charged. This ensures accurate allocation and proper tracking of salary funding within the university.

Overall, the base salary calculation and funding process at the University of Maryland is designed to ensure fair and accurate compensation for employees, taking into account relevant factors and providing transparency in salary determination.

Comparison to Peer Companies

When evaluating salaries at the University of Maryland, it’s important to consider how they compare to those offered at peer companies within the same industry. Factors such as location, industry, category, and department can significantly influence the salary differences for employees with the same job title.

It should be noted that the salary range presented here is an estimation derived from a proprietary algorithm and may not reflect the company’s factual payroll records or survey data. However, it serves as a useful reference point for understanding the salary landscape at the University of Maryland in relation to similar organizations.

Peer Company
Industry
Location
Job Title
Average Salary (USD)

Company A
Technology
Baltimore
Software Engineer
$95,000

Company B
Healthcare
Washington D.C.
Nurse
$70,000

Company C
Education
College Park
Professor
$110,000

Company D
Finance
Bethesda
Financial Analyst
$85,000

Company E
Consulting
Rockville
Management Consultant
$100,000

As seen in the table above, the average salary at the University of Maryland can be compared to various peer companies in terms of location, industry, and job title. This allows employees to gain a better understanding of how their salaries align with similar positions in the industry.

Average Salary and Salary Ranges

At the University of Maryland, the average salary is approximately $93,635 per year. This translates to an estimated hourly rate of $45. It’s important to note that salary ranges may vary based on several factors, including job position, department, and location.

Individual salaries within the university are influenced by various factors such as education level, certifications, skills, and experience. These factors contribute to the variation in salary ranges among employees. The highest earners at the University of Maryland, in the top 75th percentile, earn over $107,233 per year.

Administrative Assistant – Salary Range: $30,000 – $45,000
Research Analyst – Salary Range: $40,000 – $65,000
Associate Professor – Salary Range: $80,000 – $120,000
Senior Software Engineer – Salary Range: $90,000 – $130,000
Director of Marketing – Salary Range: $100,000 – $150,000

Individual salaries may vary within the indicated salary ranges based on factors such as education, experience, and performance.

These salary ranges provide a general understanding of the compensation offered at the University of Maryland. It’s important to note that actual salaries may differ based on individual qualifications and specific job requirements within the university.

Disclaimer

When exploring salary information at the University of Maryland, it’s essential to understand that the salary range provided is an estimation derived from a proprietary algorithm. It may not accurately represent the company’s actual payroll records or survey data. Therefore, it is crucial to regard this presented salary range as a general reference rather than the definitive salary information for University of Maryland employees.

While the estimated salary range offers insightful information, specific factors such as job position, department, education level, certifications, skills, and experience can significantly influence individual salaries at the University of Maryland. Additionally, variations in location, industry, category, and department within the university can impact salary differences within the same job title.

Please keep in mind that this estimation is designed to provide a broad overview of salary ranges and should not be considered as the sole source for making compensation-related decisions. For accurate and up-to-date salary information, it is recommended to consult official University of Maryland payroll records and relevant surveys.

FAQ

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