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4/23/04. 2. Faculty Salary Analysis. CONTEXT. Several years since significant increases for all employees.Unlike public school teachers, college faculty do not receive an annual step increase. Cost to raise below zero-step classified employees to zero-step level is an estimated $4.1 million in tot
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1. FACULTY SALARYANALYSIS WV Higher Education Policy Commission
April 23, 2004
2. 4/23/04 2 Faculty Salary Analysis CONTEXT Several years since significant increases for all employees.
Unlike public school teachers, college faculty do not receive an annual step increase.
Cost to raise below zero-step classified employees to zero-step level is an estimated $4.1 million in total funds.
Cost of fully funding Mercer Classified Schedule is $19.2 million in total funds. (Includes zero step cost)
In late 1990s all faculty salaries were elevated to mean of SREB peer groups. While a significant step, it only raised salaries to the 50th percentile of a much lower average than the real competitive market for WV colleges and universities.
Previous reports have not separated the two-year and four-year campuses for salary or funding comparisons.
3. 4/23/04 3 Faculty Salary Analysis
4. 4/23/04 4 Faculty Salary Analysis Faculty Salary Increases
5. 4/23/04 5 Faculty Salary Analysis FACULTY SALARY INCREASES
6. 4/23/04 6 Faculty Salary Analysis Four-Year CollegesAll Ranks AVG Salary
7. 4/23/04 7 Faculty Salary Analysis
8. 4/23/04 8 Faculty Salary Analysis Two-Year CollegesAll Ranks AVG Salary
9. 4/23/04 9 Faculty Salary Analysis
10. FACULTY SALARYANALYSIS WV Higher Education Policy Commission
April 23, 2004