Presentation on theme: "Salary and Compensation Comparison Carleton – Peers – AAUP 2010-11 and Trends Faculty Meeting May 9, 2011 Note: All data are from the AAUP Faculty Compensation."— Presentation transcript:
Salary and Compensation Comparison Carleton – Peers – AAUP 2010-11 and Trends Faculty Meeting May 9, 2011 Note: All data are from the AAUP Faculty Compensation Surveys and were compiled by the Institutional Research Office of Carleton College. For more information refer to Academe’s The Annual Report On The Economic Status Of The Profession, 2010- 11. http://www.aaup.org/AAUP/pubsres/academe/2011/MA/zreport/zreport.htm
Alternative Peer Cost of Living Estimates Source: http://www.relocationessentials.com/; http://www.bestplaces.net/ (Housing costs in Wellesley were an extreme outlier, so an unweighted average of other components was used.)http://www.relocationessentials.com/http://www.bestplaces.net/
Carleton AAUP FT Headcount and Salary Dollar Distribution by Rank
It’s Not Over Yet The Annual Report On The Economic Status Of The Profession Academe March-April 2011 Context: Recession lasted from December 2007 to June 2009 Last year: Overall salary increase of 1.2% was lowest in 50 years of this survey This year: Overall salary increase of 1.4%, but CPI-U was 1.5%. ‘Second year in a row that real salary levels fell, and for the fifth time in the last seven years, overall faculty salaries declined in purchasing power.’ Over last 3 years, IIB institutions hardest hit in terms of decreasing institutional matches on retirement (27% decreased by 0.5% or more, 15% by 2% or more)
Do US academic institutions compensate their faculties at the levels needed to produce college graduates who can compete in the global market place? Our analysis of this year’s data and our examination of long-term trends in faculty compensation indicate that the answer is “No!” Academe March – April 2011
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