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The hiring and compensation process for graduate faculty is fundamental to the educational quality and academic development of any university institution. The objective of this article is to analyze the hiring and compensation process for graduate faculty at the University of Panama. Using a quantitative and documentary research approach, we analyzed the administrative work performed by twelve employees of the Vice-Rector's Office for Payment Management. The data collection technique used was a multiple-choice questionnaire, and the data analysis software IBM SPSS was used. In conclusion, the hiring process is not rapid, and faculty hired in the graduate field rarely receive their compensation in real time. There is a need for comprehensive improvements in the hiring and compensation processes for graduate faculty at the University of Panama, including standardizing evaluation criteria, streamlining the hiring and payment processes, and reviewing existing policies and regulations.