Photo courtesy of: University Communications and Marketing
Feb 13, 2014
Members of the Faculty Total Compensation Task Force recommend moving the average salary for tenure-track faculty, over the next three years, to rank third among four-year public universities in the state of Ohio, according to information released in the task force’s Feb. 6 report.
The report and recommendations the task force were introduced at the Faculty Senate Meeting on Monday, Feb. 10. Faculty Senate endorsed the principles of the plan.
The task force, chaired by Executive Vice President and Provost Pam Benoit, was charged in May 2013 with developing a plan to update the University’s faculty compensation to increase OHIO’s competitiveness when it comes to the recruitment and retention of faculty.
The recommendations, as outlined in the report, are:
Move the average salary for tenure-track faculty on the Athens campus to the position of third for each rank among the four-year public universities in Ohio by investing $1.3 million per year for three years for a total of $3.9 million;
Invest the same percentage (2.19 percent) in compensation for regional tenure-track faculty which is an estimated investment of $540,000 over three years;
Invest the same percentage (2.19 percent) in Group 2 faculty, which is an estimated investment of up to $740,000 on the Athens Campus and up to $940,000 on the regional campuses;
Evaluate employee health benefits and the impact of the Patient Protection and Affordable Care Act on total compensation*.
*Total compensation encompasses base salary as well as health care benefits
The task force analyzed Ohio University Athens and regional campus compensation data for Group 1 and Group 2 faculty. This data was then compared to 11 four-year public universities in Ohio with regards to rank in terms of professor, associate professor and assistant professor compensation.
“The recommendations brought forward by the task force are ambitious and appropriate to further encourage excellence among our faculty,“ said Benoit. “We encourage faculty to read this report and submit questions or comments to my office.”
Pending approval of the goals outlined in the report, it is anticipated that implementation guidelines will be established during spring semester 2014 and incorporation is scheduled to take place in the raise cycle affecting the 2015-16 academic year. The task force suggests a reassessment take place each year during the three-year timeline to analyze the amount of investment needed to achieve the overall goal.
To view a PDF version of the entire report, visit http://www.ohio.edu/provost/.