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Salary Compression: Is It a Problem? Presentation prepared by 2008-2009 PTS Committee based on data collected & analyzed by 2007-2008 PTS Committee. Analysis.

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Presentation on theme: "Salary Compression: Is It a Problem? Presentation prepared by 2008-2009 PTS Committee based on data collected & analyzed by 2007-2008 PTS Committee. Analysis."— Presentation transcript:

1 Salary Compression: Is It a Problem? Presentation prepared by 2008-2009 PTS Committee based on data collected & analyzed by 2007-2008 PTS Committee. Analysis conducted primarily by Scott Cooper Graphics prepared primarily by Gwen Achenreiner

2 COLLEGE OF LIBERAL STUDIES

3 Have CLS Starting Salaries Increased Over Time? Salaries of new hires have increased by an average of $950 per year

4 Do Full Professors Promoted Longer Ago Earn More Than Newly Promoted Full Professors? Professors promoted longer ago are earning more than newly promoted full professors Salaries of CLS full professors have increased by an average of $655 per year from date of hire

5 Do Associate Professors Promoted Longer Ago Earn More Than Newly Promoted Associate Professors? Associate Professors Promoted More Recently Associate professors promoted longer ago are earning slightly more than newly promoted associate professors Associate Professors Promoted Longer Ago Salaries of CLS associate professors have increased by an average of $584 per year from date of hire

6 What Does This Mean for CLS? Salaries of existing employees are not keeping pace.

7 Is There a “Seniority” Tax in CLS? Starting salaries increased by $950/yr Full professor salaries increased by $655/yr Associate professor salaries increased by $584/yr Assistant professor salaries increased by $35/yr Seniority Tax $295 $366 $915

8 When will starting salaries be the same as salaries for current CLS employees? New Assistant Professor Salary Newly Promoted Associate Professor Newly Promoted Full Professor

9 COLLEGE OF SCIENCE AND HEALTH

10 Have SAH Starting Salaries Increased Over Time? Salaries of new hires have increased by an average of $1,138 per year

11 Do Full Professors Promoted Longer Ago Earn More Than Newly Promoted Full Professors? Professors promoted longer ago are earning more than newly promoted full professors Salaries of SAH full professors have increased by an average of $560 per year from date of hire Full Professors Promoted More Recently Full Professors Promoted Longer Ago

12 Do Associate Professors Promoted Longer Ago Earn More Than Newly Promoted Associate Professors? Associate Professors Promoted More Recently Associate professors promoted longer ago are earning slightly more than newly promoted associate professors Associate Professors Promoted Longer Ago Salaries of SAH associate professors have increased by an average of $485 per year from date of hire

13 What Does This Mean for SAH? Salaries of existing employees are not keeping pace. Current Salaries of Full Professors by when Promoted Current Salaries of Assoc. Professors by When Promoted Starting salaries of Assistant Professors

14 Is There a “Seniority” Tax in SAH? Starting salaries increased by $1,138/yr Full professor salaries increased by $560/yr Associate professor salaries increased by $485/yr Assistant professor salaries increased by $270/yr Seniority Tax $578 $653 $868

15 When will starting salaries be the same as salaries for current SAH employees? New Assistant Professor Salary Newly Promoted Associate Professor Newly Promoted Full Professor

16 COLLEGE OF BUSINESS ADMINISTRATION

17 Have CBA Starting Salaries Increased Over Time? Salaries of new hires have increased by an average of $2,063 per year

18 Do Full Professors Promoted Longer Ago Earn More Than Newly Promoted Full Professors? Professors promoted longer ago are NOT earning more than newly promoted full professors Salaries of CBA full professors have decreased by an average of $-477 per year from date of hire Full Professors Promoted More Recently Full Professors Promoted Longer Ago

19 Do Associate Professors Promoted Longer Ago Earn More Than Newly Promoted Associate Professors? Associate Professors Promoted More Recently Associate professors promoted longer ago are earning on average SLIGHTLY more than newly promoted associate professors Associate Professors Promoted Longer Ago Salaries of CBA associate professors have increased by an average of $402 per year from date of hire

20 What Does This Mean for CBA? Salaries of existing employees are not keeping pace. Current Salaries of Full Professors by when Promoted Current Salaries of Assoc. Professors by When Promoted Starting salaries of Assistant Professors

21 Is There a “Seniority” Tax in CBA? Starting salaries increased by $2,063/yr Full professor salaries decreased by $-477/yr Associate professor salaries increased by $402/yr Assistant professor salaries increased by $2,720/yr Seniority Tax $2,540 $1,661 None

22 When will starting salaries be the same as salaries for current CBA employees? New Assistant Professor Salary Newly Promoted Associate Professor Newly Promoted Full Professor

23 CONCLUSIONS

24 Associate Professors Starting salaries for assistant professors continue to go up, while associate/full professor salaries are not keeping pace Starting salaries are already equaling or exceeding associate professor salaries in the CBA, and are projected to equal or exceed in CLS/SAH by 2010-2011. Associate professors promoted longer ago tend to earn SLIGHTLY more than associate professors promoted more recently, but this does not hold true in all cases.

25 Full Professors Full professors promoted longer ago are earning more than newly promoted full professors in CLS and SAH. Full professors promoted longer ago are earning LESS than newly promoted full professors in CBA. Starting salaries will equal or exceed full professor salaries in all colleges by 2012-2017.

26 Salary compression is a very real and difficult problem facing all UW-L colleges

27 Salary Compression Supported by Multiple Studies The findings presented within this report are based on data collected & analyzed by 2007- 2008 PTS Committee Conclusions regarding the salary compression issues are also supported by a “UW-L Faculty Salary Equity Study” prepared by Carol Oyster and Women’s Advisory Council, dated December, 2007.

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