Monday, April 13, 2015

Modest Gains in Faculty Pay

The Chronicle of Higher Education
April 13th, 2015

First, the good news: Full-time faculty member salaries grew somewhat meaningfully year over year -- 1.4 percent, adjusted for inflation, according to the American Association of University Professors’ Annual Report on the Economic Status of the Profession, out today. Not adjusted for inflation, that’s about 2.2 percent across ranks and institution types, and 3.6 percent for continuing faculty members in particular. Those numbers are almost identical to last year, when pay bumps outpaced the rate of inflation for the first time since the Great Recession, suggesting that professor salaries have started to recover.

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