Advanced Search
MyIDEAS: Login

Faculty Productivity, Seniority, and Salary Compression

Contents:

Author Info

  • Kevin C. Duncan

    () (Colorado State University-Pueblo)

  • Lisi Krall

    (SUNY Cortland)

  • Joel G. Maxcy

    (Ithaca College)

  • Mark J. Prus

    (SUNY Cortland)

Abstract

For decades, many senior professors have noticed that the earnings of entry-level faculty are often very close to, or greater than their own. This trend in faculty life-cycle earnings can be illustrated by the 1998 salary and seniority data obtained from a public, liberal arts college (PLAC) that are reported in Table 1. Salary compression is evidenced by the narrow earnings difference ($2,300) between the highest-paid assistant professor and the lowest-paid full professor in this department. Salary inversion can be illustrated by differences in the averages, or in the range of salaries between assistant and associate professors. For example, the average assistant professor in Department X earns approximately $200 more than the average associate professor. Also, the highest paid assistant in this department earns $2,000 more than the highest-paid associate. These data indicate a U-shaped wage-tenure profile. Such a profile suggests that faculty with low levels of seniority can expect their earnings to fall, or invert, relative to the salaries of new hires as their careers unfold at this institution. Similarly, the earnings gap between new hires and faculty with high levels of seniority will compress over time.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://college.holycross.edu/RePEc/eej/Archive/Volume30/V30N2P293_310.pdf
Download Restriction: no

Bibliographic Info

Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 30 (2004)
Issue (Month): 2 (Spring)
Pages: 293-310

as in new window
Handle: RePEc:eej:eeconj:v:30:y:2004:i:2:p:293-310

Contact details of provider:
Postal: c/o Dr. Alexandre Olbrecht, The Anisfield School of Business 205, Ramapo College, 505 Ramapo Valley Road, Ramapo, New Jersey 07430, USA
Phone: (201) 684-7346
Email:
Web page: http://www.ramapo.edu/eea/journal.html
More information through EDIRC

Related research

Keywords: Productivity; Salary; Seniority;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eej:eeconj:v:30:y:2004:i:2:p:293-310

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson, College of the Holy Cross).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.