Among the varied analytical challenges institutional researchers face, examining faculty pay may be one of the most vexing. Although the literature on faculty compensation analysis dates back to the 1970s (Loeb and Ferber, 1971; Gordon, Morton, and Braden, 1974; Scott, 1977; Braskamp and Johnson, 1978; McLaughlin, Smart, and Montgomery, 1978),…

A salary-growth model is described that includes the nature of the salary dependence on experience for various levels of performance of faculty members in a subset having the same level of education and the same marketability of their specialities. (Author/MLW)

Presents a merit pay allocation model based on the principle of awarding comparable percentage salary increases to college/university faculty members with similar merit ratings. The model enables users to calculate merit pay amounts for individual faculty members in a systematic and efficient manner and can incorporate various policy directives…

Linear regression models that predict faculty salaries from professional and affirmative action variables were developed to validate promotion and merit criteria, set a starting salary scale, and identify possible systematic and individual salary inequities. All 377 full-time teaching faculty and librarians (309 men and 68 women) employed by a…

The need for objectivity in evaluating faculty is briefly addressed, and a model by which professional activities may be quantified is presented. A list of possible activities ranked in groups of equal point value, by which faculty can generate merit points, is presented. An attempt was made to equalize the potential point production values in…

A description of the University of Southern California (USC) faculty model and some of the results obtained from using the model are presented. The model traces faculty cohorts from 1974 to 1984, under given policies of hiring, tenure, promotion, and retirement. The model takes into account resignations, deaths, anticipated enrollments, and costs.…

This book on the economics of education is concerned primarily with how and why the student goes about acquiring whatever human capital he or she wishes and how the institutional setting of the university influences the amount of human capital that the student acquires. The learning process is dealt with, and an economic theory of learning, which…