Economics Commons^™

Faculty Consistency Pay Program, John Fraas

John W. Fraas

This paper presents the procedures that were used to identify faculty salary compression, as well as, a discussion of the compensation program that was designed and implemented at a university to reduce the degree of salary compression. An example of the procedure used in the compensation program to determine the amount of money received by each faculty member is provided. The impact of the program on salary compression at the university is analyzed, and the results of a survey of faculty and Dean perceptions of the program are reviewed.