Missouri State University to give equity pay raises to 40 percent of faculty
June 21, 2011
There will be no across-the-board raises next year at Missouri State University, but 282 teachers, or 40 percent of the faculty, will receive equity pay raises totaling $1 million in what university officials believe to be the school's biggest effort to bring faculty salaries closer to the national market.
The raises range from $100 to more than $10,000.
The adjustments have narrowed the pay gap between MSU professors and their peers in the country, putting the faculty's average salaries at all MSU colleges except one (College of Arts and Letters) at 90 percent or more of national averages, Provost Belinda McCarthy said.
"We are not where we want to be, but we made some progress," she said.
MSU uses national data from the College & University Professional Association for Human Resources -- known as the CUPA-HR data -- as the benchmark for its faculty salaries.
University officials, while acknowledging the cost of living in the Springfield area is lower than many other U.S. cities, have argued the university is competing in the national market for talent.