FACULTY COMPENSATION: COMPARISON TO ADJUSTED PEER MEDIANS - - PowerPoint PPT Presentation

faculty compensation comparison to adjusted peer medians
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FACULTY COMPENSATION: COMPARISON TO ADJUSTED PEER MEDIANS - - PowerPoint PPT Presentation

FACULTY COMPENSATION: COMPARISON TO ADJUSTED PEER MEDIANS Institutional Research & Effectiveness February 2020 Our Approach Market Based Peer Comparison (CUPA and Affinity) Years in Rank (Adjusting CUPA Median) Distance of


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FACULTY COMPENSATION: COMPARISON TO ADJUSTED PEER MEDIANS

Institutional Research & Effectiveness February 2020

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Our Approach

  • Market Based
  • Peer Comparison (CUPA and Affinity)
  • Years in Rank (Adjusting CUPA Median)
  • Distance of Market-Based Salaries to the Median
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Peer Institutions

  • Baldwin Wallace University (Berea, OH)
  • Butler University (Indianapolis, IN)
  • Drake University (Des Moines, IA)
  • John Carroll University (University

Heights, OH)

  • Loyola University New Orleans (New

Orleans, LA)

  • Pacific Lutheran University (Tacoma, WA)
  • Siena College (Loudonville, NY)
  • University of Portland (Portland, OR)
  • University of Puget Sound (Tacoma, WA)
  • University of Redlands (Redlands, CA)
  • University of the Pacific (Stockton, CA)
  • Valparaiso University (Valparaiso, IN)
  • Elon University (Elon, NC)
  • Furman University (Greenville, SC)
  • Rollins College (Winter Park, FL)
  • Samford University (Birmingham, AL)
  • The University of Tampa (Tampa, FL)

OrganizationalPeers (12) Regional Peers (5)

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Adjusting CUPA Peer Medians

Years in Rank Compa- ratio 0.850 1 0.867 2 0.883 3 0.900 4 0.917 5 0.934 6 0.951 7 0.984 8 1.017 9 1.050 10 1.066 11 1.083 12 1.099 13 1.116 14 1.132 15+ 1.150

Professors

Years in Rank Compa- ratio 0.850 1 0.888 2 0.925 3 0.963 4 1.000 5 1.038 6 1.075 7 1.113 8+ 1.150

Associate Professors

Years in Rank Compa- ratio 0.850 1 0.880 2 0.900 3 0.950 4 1.000 5 1.100 6+ 1.150

Assistant Professors

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Process

Collect peer salary data by CIP and rank Merge peer data into faculty data file Apply compa-ratios based on years in rank to peer median salary Compare the adjusted peer median with faculty salary

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Notes

  • Data exclude Professor of Practice faculty due to lack of

comparative data.

  • Hire date must be prior to December 2018 to be included

in these data.

  • Generally these data report full-time faculty who were here

in 2018/19 and have a 2019/20 tenured or tenure-track contract.

  • While all disciplines do not have direct comparative CUPA

data, alignment is made to the closest disciplinary match.

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Total Dollars from Adjusted CUPA Peer Median: CAS, SOBA, SOM Combined

$277,690 $219,043 $230,201 ($116,902) ($230,441) ($358,988) ($400,000) ($300,000) ($200,000) ($100,000) $0 $100,000 $200,000 $300,000 $400,000 Assistant Professor Associate Professor Professor

n=56 n=48 n=66

Total above: $726,934 Total below: $706,331

* Does not include library faculty or faculty of practice

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$186,164 $74,201 $115,941 ($24,056) ($140,512) ($190,891) ($250,000) ($200,000) ($150,000) ($100,000) ($50,000) $0 $50,000 $100,000 $150,000 $200,000 $250,000 Assistant Professor Associate Professor Professor

Total Dollars from Adjusted 2019 CUPA Peer Median: CAS

n=41 n=31 n=48 * Figures exclude faculty of practice due to lack of comparative data

Total above: $376,306 Total below: $355,459

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$60,235 $104,023 $105,088 ($92,847) ($71,891) ($147,257) ($200,000) ($150,000) ($100,000) ($50,000) $0 $50,000 $100,000 $150,000 Assistant Professor Associate Professor Professor

Total Dollars from Adjusted 2019 CUPA Peer Median: SOBA

n=9 n=10 n=12 * Figures exclude faculty of practice due to lack of comparative data

Total above: $269,346 Total below: $311,994

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$31,291 $40,819 $9,172 $0 ($18,038) ($20,841) ($30,000) ($20,000) ($10,000) $0 $10,000 $20,000 $30,000 $40,000 $50,000 Assistant Professor Associate Professor Professor

Total Dollars from Adjusted 2019 CUPA Peer Median: SOM

n=6 n=7 n=6

Total above: $81,282 Total below: $38,878

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Total Dollars from 2019 Affinity Peer Median: Library

n=6

$9,444 ($15,941) ($20,000) ($15,000) ($10,000) ($5,000) $0 $5,000 $10,000 $15,000 All Ranks

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Summary of Findings

  • Collective difference across all ranks and all

colleges/schools from the total adjusted CUPA median = $21k (0.14% of total salary expenditures)

  • No statistically significant difference in distance from

the adjusted CUPA peer median between:

  • male and female within rank
  • minority and non-minority within rank
  • within rank
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Average Peer Salary Comparison

Assistant Professor Associate Professor Professor Institution Average Peer salary Difference from Stetson average salary Average Peer salary Difference from Stetson average salary Average Peer salary Difference from Stetson average salary Stetson University $70,841

  • $83,329
  • $99,916
  • Baldwin Wallace University

$59,378 ($11,463) $71,708 ($11,621) $84,815 ($15,101) Butler University $68,617 ($2,224) $80,473 ($2,856) $97,577 ($2,339) Drake University $69,327 ($1,514) $80,220 ($3,109) $104,972 $5,056 John Carroll University $79,651 $8,810 $74,323 ($9,006) $96,647 ($3,269) Loyola University New Orleans $68,881 ($1,960) $70,152 ($13,177) $108,019 $8,103 Pacific Lutheran University $65,191 ($5,650) $69,838 ($13,491) $83,133 ($16,783) Siena College $68,253 ($2,588) $77,399 ($5,930) $94,507 ($5,409) University of Portland $76,011 $5,170 $83,143 ($186) $98,382 ($1,534) University of Puget Sound $74,492 $3,651 $88,169 $4,840 $110,944 $11,028 University of Redlands $74,956 $4,115 $88,445 $5,116 $108,598 $8,682 University of the Pacific $81,560 $10,719 $90,948 $7,619 $111,236 $11,320 Valparaiso University $60,148 ($10,693) $72,342 ($10,987) $90,267 ($9,649) Average $70,539 ($302) $78,930 ($4,399) $99,091 ($825)

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Average Regional Peer Salary Comparison

Assistant Professor Associate Professor Professor Institution Average Peer salary Difference from Stetson average salary Average Peer salary Difference from Stetson average salary Average Peer salary Difference from Stetson average salary Stetson University $70,841

  • $83,329
  • $99,916
  • Elon University

$77,451 $6,610 $82,207 ($1,122) $109,364 $9,448 Furman University $72,412 $1,571 $82,793 ($536) $107,445 $7,529 Rollins College $61,580 ($9,261) $78,349 ($4,980) $88,502 ($11,414) Samford University $68,289 ($2,552) $73,796 ($9,533) $102,816 $2,900 The University of Tampa $71,082 $241 $90,885 $7,556 $93,087 ($6,829) Average $70,163 ($678) $81,606 ($1,723) $100,243 $327

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QUESTIONS & COMMENTS