Professor Pay Up 3.4%
Salaries for full-time, continuing faculty increased by 3.4 percent this year and 2.7 percent adjusted for inflation, according to the American Association of University Professors’ Annual Report on the Economic Status of the Profession. That’s down slightly from 2.9 percent last year, adjusted for inflation, when that figure exceeded 2 percent for the first time since the recession (although it should be noted that a one-time tweak to the way some faculty categories were reported this time around make year-over-year comparisons nominally less appropriate). But while a continued upward salary trend following the recession is promising, the report argues it’s barely noticeable in terms of spending or saving power and doesn’t reflect a systemic threat to higher education: the decline of full-time and ranked faculty positions. The above figures are for full-time faculty members, leaving out most non-tenure-track professors.
・ From Inside Higher Ed