College Faculty Salaries See Slight Gains
Despite full-time college faculty members’ salaries increasing two percent this academic year, inflation tells another story. When factoring in inflation to data from the American Association of University Professors’ (“AAUP”) latest compensation report, faculty salaries nearly remained the same from last year. The AAUP’s findings also reflect the CUPA-HR’s recent report, which says median faculty salaries jumped approximately 1.7 percent this year without inflation factored in.
Results from the American Association of University Professors Faculty Compensation Survey are available on the Inside Higher Ed website. For guidance with your institution’s tax and accounting needs, check out Cherry Bekaert’s Education industry group.