This paper examines the strategic use of temporary employment contracts in dealing with supply uncertainty in the form of employee ability that is slow to reveal itself, for example in academia where there exist significant time lags in demonstration of research ability. A temporary contract is modeled as a real option, specifically as a…

In recent decades, the employment model in higher education has markedly changed. Tenure-track faculty now represent just about 30 percent of the instructional faculty across all non-profit institutions. Meanwhile, most faculty members who provide instruction at colleges and universities today are non-tenure-track faculty, the majority of them…

This publication presents a model employment contract intended to assist school administrators in developing or modifying appropriate contract language to protect the status of school principals and assistant principals. Although the model was developed specifically for secondary school administrators, it would be equally appropriate for…

This special report was compiled from data supplied by the National Association of Secondary School Principals. The report represents the combined efforts of NASSP and the ERIC Clearinghouse on Educational Management to ascertain trends in secondary administrator contracts. The author has included several contracts as samples of current trends;…

Academic staffing practices used at four-year colleges and universities are identified, and recommendations are offered for achieving staffing flexibility in the face of conditions such as scarce resources. In addition to considering faculty flow models (e.g., Markov models and simulators) as a management/planning tool to evaluate personnel and…

Evidence from North American pay practices was used to examine the question of whether the "old employment contact," according to which employees promised to exchange hard work for job security, has truly been replaced by a "new employment contract" based more on market forces. The study analyzed data from the following…