In the U.S., the COVID-19 recession has hit institutions of higher education particularly hard. For instance, the pandemic has caused the average salaries for full-time faculty members to decrease for the first time since the 2008 Great Recession. Besides salary cuts, many colleges across the country have cut programs and furloughed some of their employees […]
Tag: Faculty Compensation
Oct 06, 2021
Sep 09, 2021
Various stakeholders, including students, parents, the public, and the government, persistently demand higher education quality and accountability. To meet these expectations, most universities and colleges use management tools such as mission statements and strategic planning. However, faculty compensation can also help these institutions achieve their mission and satisfy their high expectations. Here’s a look at […]
Aug 11, 2021
A recent National Education Association (NEA) report revealed that faculty compensation in higher education has increased over the past 10 years. While the salary for a full-time professor averaged $90,000 in 2020, there are still significant discrepancies in pay across faculty ranks, with unfair or inadequate compensation impacting the quality of higher education. Here’s a […]