Abstract

http://ssrn.com/abstract=628005
 
 

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Faculty Salary Compression: A Model for Response


Elizabeth A. Reilly


University of Akron - School of Law

Chand Midha


University of Akron - Department of Statistics

Thomas Calderon


University of Akron - School of Accountancy

Richard Steiner


University of Akron - Department of Statistics

December 2004

U of Akron Legal Studies Paper No. 04-09

Abstract:     
This paper describes a process used by The University of Akron to address salary compression. The process allocates salary adjustment resources to disciplines based on relative salary ratios derived from benchmarks. Amounts earmarked for specific disciplines are then distributed to departments for allocation to individual faculty based on merit. The process also invokes concepts of fairness and equity, and includes a component distributed to productive faculty members based on rank and experience. Outcomes, challenges, and implications of the process are examined.

Number of Pages in PDF File: 37

Keywords: salary, equity, compression, faculty, statistics

JEL Classification: C10,D63,I20,J30,K00,K31,M41,M50,M52

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Date posted: December 10, 2004  

Suggested Citation

Reilly, Elizabeth A. and Midha, Chand and Calderon, Thomas and Steiner, Richard, Faculty Salary Compression: A Model for Response (December 2004). U of Akron Legal Studies Paper No. 04-09. Available at SSRN: http://ssrn.com/abstract=628005 or http://dx.doi.org/10.2139/ssrn.628005

Contact Information

Elizabeth A. Reilly (Contact Author)
University of Akron - School of Law ( email )
150 University Ave.
Akron, OH 44325-2901
United States
330-972-6197 (Phone)
Chand Midha
University of Akron - Department of Statistics ( email )
259 S. Broadway
Akron, OH 44325
United States
Thomas Calderon
University of Akron - School of Accountancy ( email )
United States
Richard Steiner
University of Akron - Department of Statistics ( email )
259 S. Broadway
Akron, OH 44325
United States
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