As institutions brace for the new academic year, evolving priorities in compensation are reshaping hiring, retention, and equity in higher education. This fall, three intersecting trends—rising inflation, mandated pay transparency, and richer benefits packages—are leading colleges and universities to rethink traditional approaches to faculty and staff compensation. Inflation-Driven Pay Adjustments With consumer price inflation remaining […]
Tag: inflation
Jun 17, 2025
Apr 30, 2024
New insights from a recent study conducted by CUPA-HR shed light on the salary landscape within higher education for the 2023-24 period. Notably, median pay increases continued their upward trajectory from the previous year, surpassing the inflation rate for the first time since 2019-20. Nevertheless, despite this positive trend, many employees in higher education are […]
Jan 18, 2023
The average US pay increase is expected to hit 4.6% in 2023, according to a recent survey from the Bureau of Labor Statistics. This increase is slightly higher than the 3.2% that was projected in 2019. It is expected to be a result of the current low inflation rate, as well as the tight labor […]