Salary Equity cont.
- oPay long-term loyal faculty adequately.
- oAnnual review of salaries with cost of living increases as a minimum
- oI do not think this is a problem, IF CoL increases, merit pay raises, and some negotiation opportunities remain competently and consistently available to all faculty.
- oRaise long term employees salary or pay what long term employees are making
- oSteps should be taken
- oExamine existing salaries first so a "reasonable" offer can be made. Then try to raise salary for existing faculty to the same range.
- oRequire multiple level review and approval. Establish a HR policy to this effect.
- oKSU should give long-time faculty regular pay raises (provided that they meet or exceed expectations) to minimize this problem.
- oBased on position.
- oSet up standard base salary based on the rank and discipline. We should do the same for administration position as well.
- oObviously start to make-up to those faculty that have seniority a more relevant market value salary.
- oSet policy and FOLLOW IT.
- oThis is not easy to do since market rate goes up faster than the cost of living increase. Furthermore, if the University wants to hire divers and highly qualified faculty, it should pay them according to the market rate.
- oOne solution would be for the University to adjust its pay ranges with the market rate by the discipline every few years and build that into the cost of living increase.
- oSalary inversion is an issue that exists in degree fields that are in high demand such as business and accounting. It is difficult, but necessary for morale to at least acknowledge this issue and make some adjustments to current faculty salaries
- oPay what must be paid to procure new, highly qualified faculty, but focus on quickly bringing the experienced faculty up to an appropriate level.
- oDetermine all salaries based on education and professional experience.
- oBring current employees to current standards.
- oIf everyone is paid their worth, then it won't be an issue. Once salaries are raised to an appropriate level and we continue to get cost of living and/or merit pay, that should not have to happen.
- oBalance budgets to make sure that all faculty are being paid competitively. Salaries are a joke across the board. If the university