UNIVERSITY RANKINGS BY COST OF LIVING ADJUSTED FACULTY COMPENSATION

Terrance Jalbert, Mercedes Jalbert and Karla Hayashi

International Journal of Management and Marketing Research, 2010, vol. 3, issue 2, 85-118

Abstract: In this paper we rank 574 universities based on compensation paid to their faculty. The analysis examines universities both on a raw basis and on a cost of living adjusted basis. Rankings based on salary data and benefit data are presented. In addition rankings based on total compensation are presented. Separate rankings are provided for universities offering different degrees. The results indicate that rankings of universities based on raw and cost of living adjusted data are markedly different. The results suggest that faculty seeking employment opportunities should carefully consider cost of living issues. Administrators should design salary packages that reflect the cost of living conditions in their area in order to attract quality faculty.

Keywords: cost of living; ranking; faculty compensation; higher education salaries; State ranking. (search for similar items in EconPapers)
JEL-codes: J31 J44 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ibf:ijmmre:v:3:y:2010:i:2:p:85-118

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