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Tuesday, April 9, 2013

2012-13 College Faculty Salaries

Inside Higher Ed, On Pace With Inflation:

The average salary of a full-time faculty member increased by 1.7% in 2012-13, roughly keeping pace with inflation, according to a report being released today by the American Association of University Professors. While the average increase was a bit larger last year (1.8%), a drop in the inflation rate from 3.0% to 1.7% means that this year's modest raises will add to spending power for many faculty members, while last year's did not.

Top Private Universities in Faculty Salaries for Full Professors, 2012-13

University Average Salary
1. Columbia University (U.S. News #4)
$212,300
2. Stanford University (#6)
$207,300
3. University of Chicago (#4)
$203,600
4. Harvard University (#1)
$203,000
5. Princeton University (#1)
$200,000
6. New York University (#32)
$187,600
7.University of Pennsylvania (#8)
$187,000
8. Yale University (#3)
$186,300
9. Duke University (#8)
$180,200
10. California Institute of Technology (#10)
$179,200

Top Public Universities in Pay for Full Professors, 2012-13

University Average Salary
1. University of California at Los Angeles (U.S. News #24)
$167,000
2. New Jersey Institute of Technology (#139)
$166,700
3. University of California at Berkeley (#21)
$158,900
4. Rutgers University at Newark (#115)
$154,700
5. Rutgers University at New Brunswick (#68)
$151,000
6. University of Michigan at Ann Arbor (#29)
$148,700
7. Rutgers University at Camden (regional ranking)
$145,000
8. University of Texas at Austin (#46)
$144,000
9. University of Virginia (#24)
$143,200
10. University of Texas at Dallas (#151)
$143,100

Top Liberal Arts Colleges in Pay for Full Professors, 2012-13

College Average Salary
1. Wellesley College (U.S. News #6)
$152,300
2. Claremont McKenna College (#10)
$145,400
3. Barnard College (#28)
$143,000
4. Pomona College (#4)
$142,800
5. Harvey Mudd College (#12)
$139,200
6. Swarthmore College (#3)
$137,900
7. Amherst College (#2)
$137,700
8. Williams College (#1)
$137,200
9. Wesleyan University (#17)
$133,700
10. Colgate University (#18)
$133,000

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Comments

Honest question: to what extent are Barnard professors also Columbia professors, or vice versa?

Posted by: Unemployed Northeastern | Apr 9, 2013 1:19:47 PM

Fascinating! It appears that the top liberal arts colleges pay more than good state research universities such as Illinois, even lacking engineering, business, law schools.
It's relatively easy to measure research performance. I wonder if the colleges get better teachers by paying so much. Is there a lot of lateral movement in liberal arts colleges?

Posted by: Eric Rasmusen | Apr 10, 2013 12:40:33 AM

It's good to see Rutgers winning at something.

Posted by: michael livingston | Apr 10, 2013 5:16:29 AM

Why is Harvey Mudd considered a liberal arts college?

Posted by: Strange | Apr 10, 2013 12:42:31 PM

what is a full time = to
how many teaching hours etc..

I know Community College professors receiving $106,000 for 15 hrs in 3 days
that equated to a 5 day would equal 176,000 per for a 2 year community college

so what are we comparing

Slattax

Posted by: JOHN SLATTERY | Apr 10, 2013 5:09:54 PM