By Audrey Williams June

For the first time in at least six years, the median base salary of professors at public colleges increased at a greater rate than that of their private-college counterparts, according to an annual report released this week by the College and University Professional Association for Human Resources.

The median increase for tenured and tenure-track faculty members at public institutions in the 2014 fiscal year was 2.2 percent, compared with 2.0 percent at private colleges. Over all, the median base salary for tenured and tenure-track professors in 2014 rose 2.1 percent from the year before, the same increase as a year ago.

This year’s increase was better than the inflation rate, which measured 1.5 percent in 2013. But the rise in faculty salaries was below the average 2.5-percent increase that the association recently reported for administrators.

More>>

Similar Posts