Vol. 38, No. 18

3-17-2004
By: onCampus staff

Study compares faculty salaries to benchmark institutions

The Office of Human Resources has released the results of a study comparing Ohio State faculty salaries to salaries at benchmark universities. The study shows that Ohio State faculty salaries are now 1.7 percent behind the market rate.

“This shows significant progress in our efforts to make Ohio State competitive with our benchmark institutions,” said J Henderson, director of compensation. “When the university started the compensation initiative, we were slightly more than 6 percent behind the market and last year, we were 4.4 percent behind.”

The benchmark institutions are ranked higher academically than Ohio State, but are similar in mission, size and scope. They are the universities of Arizona, California at Los Angeles, Illinois, Michigan, Minnesota, Texas at Austin, Washington, Pennsylvania State and Wisconsin.

Ohio State’s average faculty salary for the 2003-04 year is $82,780. When examined by rank, the study found that full professors, with an average salary of $103,530, are 1.1 percent below the benchmark average; associate professors, with an average salary of $69,080, are 3.2 percent below the benchmark average; and assistant professors, with an average salary of $62,250, are 0.8 percent below the benchmark average.

For the past two years, Ohio State has implemented a strategy of providing salary budgets of approximately 1 percent above comparable institutions, and actual progress appears to have exceeded that goal.

A full report on compensation benchmarks will be delivered to the Board of Trustees at the April or May meeting, which also will include results for staff positions.

Compensation guidelines and budgets for 2004-05 salaries will not be determined until later this spring, Henderson said.

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