Faculty Salaries Climb 3.8 Percent

The American Association of University Professors released a new report on faculty salaries today.

According to the report, which is conducted annually, average salaries for full-time faculty members climbed by 3.8 percent over the previous academic year. Meanwhile, annual inflation hovered at 2.5 percent, maklng this the first actual post-inflation salary increase since 2003-4.

Despite the good news, large financial inequalities still persist among professors in different disciplines. According to the report, for example, law professors earned an astounding 54 percent more on average than English professors, while business professors took home 47 percent more than their colleagues in English.

The report also compared the salaries of presidents and coaches with those of faculty members and noted huge disparities between them.

For more information, see today’s story in The Chronicle.