ERIC Number: ED456741
Record Type: Non-Journal
Publication Date: 2001
Reference Count: N/A
Salary-Trend Study of Faculty in Economics for the Years 1997-98 and 2000-01.
Howe, Richard D.
This report is part of an annual national survey that examines salaries of full-time teaching faculty in 54 selected disciplines. Data for the study as a whole were collected from 305 public and 403 private institutions for the baseline year of 1997-1998 and the trend year of 1999-2000. This portion of the study covers salary data for faculty in Economics at 167 public and 187 private institutions for 2000-2001, with comparable numbers for 1997-1998. Data are presented for average salaries by faculty rank, "faculty mix percent" (percentage of faculty at each rank), and "salary factors" (ratio of the average salary in the discipline to the total institution average). Salary trend information is compared for public and private institutions for each of the two study periods with trend information for all fields and with the Consumer Price Index. The study found that for the 2000-2001 period the average salary of $67,297 for 1,451 of faculty in public institutions was approximately 18% higher than the average salary for all faculty in all major fields. The average salary increase was 1.4% per year for public institutions and 2.9% per year for private institutions above the cost of living as measured by the Consumer Price Index. Appendixes contain a list of the selected academic disciplines and lists of public and private institutions participating in both studies. (SLD)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Appalachian State Univ., Boone, NC.; College and Univ. Professional Association for Human Resources, Washington, DC.