Wednesday, May 11, 2022

Higher ed faces shrinking workforce and pay increases outpaced by inflation - Laura Spitalniak, Higher Ed Dive

The median salary increase for all higher ed professionals was less than half of the inflation rate in 2021-2022, according to workforce survey data released Wednesday by the College and University Professional Association for Human Resources, CUPA-HR. Administrators saw the greatest average salary increase, at 3.4%. The salaries of professional staff rose 2.9%, while tenure-track and nontenure-track faculty got average increases of 1.6% and 1.5%, respectively. The consumer price index for 2021 was 6.8%, the largest increase in decades.

https://www.highereddive.com/news/higher-ed-faces-shrinking-workforce-and-pay-increases-outpaced-by-inflation/622823/