Table 4 Instructional Faculty Salaries at K-State Compared to Regents Peer Institutions a All Ranks Average b c Rank Adjusted Average Salary K-State d Rank Comparison Institutions Salary K-State Increment Needed to Reach Average Rank Adjusted Salary Year K-State Salary Comparison Institutions Salary 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 $77,355 $78,478 $77,986 $80,377 $80,247 $83,569 $86,992 $84,705 $86,929 $87,722 $87,697 $96,090 $97,922 $99,294 5/6 6/6 6/6 8/8 11/11 11/11 11/11 $84,705 $85,593 $85,955 $84,843 $88,606 $93,205 $96,061 9.5% 9.1% 10.2% 5.6% 10.4% 11.5% 10.4% 2010-2011 2011-2012 2 1 3 4 3 1 2 4 5 6 5 6 7 8 2012-2013 1 4 2 3 5 9 6 7 8 10 11 2013-2014 1 3 2 4 5 9 6 8 7 10 11 2014-2015 1 2 3 4 5 6 7 8 9 10 11 Institution Massachusetts-Amherst Iowa State University Clemson University North Carolina State University Colorado State University Washington State University Louisiana State University Auburn University Oregon State University Oklahoma State University Kansas State University a This table provides a comparison of average faculty salaries at K-State and its peer institutions. Comparisons are made between the composite b Average salary excluding fringe benefits. and K-State salaries based on all ranks average salary and rank adjusted average salary (KBOR method of calculating averages for comparison). c Rank Adjusted Average Salary is calculated by multiplying the overall average of peer salaries by rank times the distribution of K-State faculty by rank; d Auburn and Clemson were added to the comparison group in FY 2012, Massachusetts, Washington State, and Lousiana State were added in FY 2013. these values estimate what the comparison institutions' average salaries would be if their distribution by professorial rank were identical to K-State. Source: Data taken from Academe Bulletin of the American Association of University Professors, March-April 2015. Page 8