ERIC Number: ED175495
Record Type: RIE
Publication Date: 1979-May
Reference Count: 0
College Faculty Salary Shrinkage, 1967-1979.
Houston, C. A.
The methodology is provided for individual faculty members, colleges, and/or college systems to examine past and present faculty salaries or salary ranges in terms of constant dollars adjusted for the Consumer Price Index (CPI). The procedure for calculating present salaries in terms of constant dollars is cited as follows: (1) graph nominal (actual) salaries by academic years back to 1967 and connect salaries with a broken line; (2) convert each year's salary to constant dollars using the CPI table and the following formula: Nominal Year Salary multiplied by Beginning Year CPI divided by Nominal Year Salary equals Nominal Salary in Beginning Year Dollars; and (3) graph nominal year salaries in beginning year dollars and connect with solid line--this line represents a real salary history. Appendices provide a CPI table, and graphs which illustrate the salary range history by academic ranks for a typical community college system. Results of the sample data indicate that although all academic rank ranges increased in terms of nominal (actual salary), there were significant decreases in terms of salary ranges in constant dollars. (AYC)
Publication Type: Reports - Research; Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: N/A
Identifiers: Consumer Price Index
Note: Paper presented to the Southern Association of Community College Researchers (May 1979) ; Best copy available