PHILOSOPHY OF FACULTY COMPENSATION
December 8, 2006
Faculty are motivated by
their passion for their disciplines as well as their love of teaching. Both
must be embraced and supported. The University values and recognizes its
dependence on faculty who are committed to excellence and who are vitally
engaged in their teaching, scholarship, and citizenship. Further, it seeks to
cultivate such a faculty. Doing so requires that the University honor faculty’s
investment in the shared mission of
Thus,
1.
Is compatible
with and supportive of the University’s mission statement.
2.
Is
fair and non-discriminatory.
3.
Attracts and
retains a highly qualified diverse faculty by setting pay competitive with peer
institutions and recruiting markets, and which is at the same time aligned with the availability of
institutional and unit resources.
4.
Demonstrates the
high value the university places on excellent faculty by rewarding the tenure
and promotion of productive and skilled teachers, scholars, and University
citizens.
5.
Helps the
University compete successfully for faculty with a mix of disciplinary
expertise and skills vital to its mission.
6.
Provides
long-term opportunities and resources for professional development.
7.
Is reviewed
annually to ensure that it remains competitive with the appropriate peer
institutions.