QUESTION 26: What percentage should faculty receive as a cost of living increase?
Sixty-three of the 67 faculty members (94.0%) responded to this question. Figure 7 presents the distribution of these responses. Of these, 28 faculty members (43.8%) indicated that cost of living increases should be in the amount of 2% to 3%, while another 12 faculty members (18.7%) indicated that increases should be 4% or 5%. Four of the 67 total faculty members (5.8%) declined to respond.
Recommended Percentage for Cost of Living Increases
FIGURE 7. Recommended percentage for annual faculty cost of living increase.
THE 23 FACULTY MEMBERS (35.9%) WHO RESPONDED “OTHER” MADE THE RECOMMENDATIONS LISTED BELOW: