9
| Year 1 | Year 2 | Year 3 + | Total Investment |
|---|
| Professor | $106,035.09 | $212,070.19 | $318,105.28 | $1,272,421.12 |
|---|
| Associate Professor | $152,295.46 | $304,590.91 | $456,886.37 | $1,827,545.48 |
|---|
| Assistant Professor | $166,974.25 | $333,948.51 | $500,922.76 | $2,003,691.04 |
|---|
| Instructor | $29,342.83 | $58,685.67 | $88,028.50 | $352,114.00 |
|---|
| Total - All Ranks | $454,647.64 | $909,295.27 | $1,363,942.91 | $5,455,771.64 |
|---|
| Year 1 + | Total Investment |
|---|
| Professor | $318,105.28 | $1,590,526.40 |
|---|
| Associate Professor | $456,886.37 | $2,284,431.85 |
|---|
| Assistant Professor | $500,922.76 | $2,504,613.80 |
|---|
| Instructor | $88,028.50 | $440,142.50 |
|---|
| Total - All Ranks | $1,363,942.91 | $6,819,714.55 |
|---|
Additional expenditure required to meet median levels for the comparison group
Additional expenditure required to meet median levels for the comparison group
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| Year 1 | Year 2 | Year 3 | Year 4 | Year 5+ | Total Investment |
|---|
| Professor | $63,621.06 | $127,242.11 | $190,863.17 | $254,484.22 | $318,105.28 | $954,315.84 |
|---|
| Associate Professor | $91,377.27 | $182,754.55 | $274,131.82 | $365,509.10 | $456,886.37 | $1,370,659.11 |
|---|
| Assistant Professor | $100,184.55 | $200,369.10 | $300,553.66 | $400,738.21 | $500,922.76 | $1,502,768.28 |
|---|
| Instructor | $17,605.70 | $35,211.40 | $52,817.10 | $70,422.80 | $88,028.50 | $264,085.50 |
|---|
| Total - All Ranks | $272,788.58 | $545,577.16 | $818,365.75 | $1,091,154.33 | $1,363,942.91 | $4,091,828.73 |
|---|
Additional expenditure required to meet median levels for the comparison group
If KSU were to bring its salary averages by rank to parity with the median of its comparators' averages over the next five years, this would require nearly an extra $2.7 million over the first four years and $1.4 million every year thereafter. Compared to an immediate salary increase, this approach would save KSU $2.7 million. A three-year phased increase would save KSU $1.4 million. These calculations only include faculty who are under the median salary for the competitors reviewed in this report.
SALARY ADJUSTMENT SCENARIOS BY RANK