Faculty Salary Formulas

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Faculty Salary Formulas
Presented to President
Joe Shepard
20 September 2011
Salary Formulas
• Salary Range Formula: used for new
or replacement positions;
• Target Salary Formula: used to
determine raises (when funds are
made available by the legislature
and/or the University President)
(Tenure-Track) Faculty Salary Range
Request Form
The following information is needed from the hiring supervisor in order to determine a salary range for a new hire
tenure-track faculty member. [Note: Currently, there is no policy or procedure for calculating a salary range for a
visiting faculty member. Yet, it seems like hiring supervisors are using the salary ranges for tenure-track faculty as
a guide.]
CUPA CIP code(s): _________52.16__________________
[Choose the CIP code(s) that most closely represent the nature of the position to be hired or specify that you would like
the same category as the person being replaced (and name the person).]
Academic Year of hire: _____2010-2011____________________
[E.g., AY 2008-09]
Length of Contract: __10 month_and 12 month____________________
[E.g., 9-month, 10-month, 12- month, etc.]
Rank: _Assistant Professor_______________________
[E.g., Assistant Professor, Associate Professor, etc.]
The salary range will then be computed at 83% to 86% of the corresponding average salary reported by CUPA-HR for
the academic year two years prior than the academic year of hire. A salary range will also be computed at 95% of
these amounts for a new hire without a terminal degree. These salary ranges will be prorated for contract lengths
other than 9 months.
Salary Range Formula
(for new or replacement positions)
• Salary Range Minimum = (Degree Factor)*(CUPA
Average)*(0.83)*(Contract Length Factor);
• Salary Range Maximum = (Degree Factor)*(CUPA
Average)*(0.86)*(Contract Length Factor); where
• Degree Factor = 1 for a terminal degree; Degree
Factor = 0.95 for a non-terminal degree;
• CUPA Average depends on discipline and rank;
• Contract Length Factor = 1 for a nine-month
contract; Contract Length Factor = (1 + (2/27)*(#
of months above nine))
Faculty Raise Distribution
Procedure
Target Salary vs Actual Salary, after 2010-11
Target Salary
100,000
Actual Salary
95,182
90,000
80,000
66,531
70,000
Dollars
60,000
59,706
56,702
48,689
50,000
51,949
40,000
30,000
20,000
10,000
0
Professor (n = 38)
Associate Professor (n = 18)
Faculty Rank
Assistant Professor (n = 22)
Target Salary Formula
• Target Salary = (Degree Factor)*(CUPA
Average)*(0.83 + 0.0175*(Years in Rank) +
0.002*(Years at WNMU)); where
• Degree Factor = 1 for a terminal degree; Degree
Factor = 0.95 for a non-terminal degree;
• CUPA Average depends on discipline and rank;
• Years in Rank is a value no greater than 8;
• Years at WNMU (in a tenure, tenure-track
position or visiting position (after 2007-08)) is a
value no greater than 25.
Deficit = Target Salary - Actual Salary
(Total Deficit = $1.8M)
Deficit, after 2010-11
Deficit
40,000
35,476
35,000
30,000
Dollars
25,000
20,000
17,842
15,000
10,000
4,752
5,000
0
Professor (n = 38)
Associate Professor (n = 18)
Faculty Rank
Assistant Professor (n = 22)
Raise = (Raise Factor)*Deficit; where
Raise Factor = (Available Monies for Raises)/
(Total Deficit for all Faculty)
Fictitious Raise Factor = 0.08, after 2010-11
Fictitious Raise
3,000
2,838
2,500
Dollars
2,000
1,427
1,500
1,000
500
380
0
Professor (n = 38)
Associate Professor (n = 18)
Faculty Rank
Assistant Professor (n = 22)
Promotions
(Subtracted from available funds prior to raise
distribution; prorated for contract length)
• From Associate Professor to Professor:
$4,000;
• From Assistant Professor to Associate
Professor: $2,750;
• From Instructor to Assistant Professor:
$2,000.
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