MARKET- AND MERIT-BASED ADJUSTMENT OF FACULTY SALARIES
P. Sunil Dharmapala (),
Jay B. Ghosh and
Hussein M. Saber
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P. Sunil Dharmapala: Operations Management and Business Statistics Department, College of Commerce and Economics, Sultan Qaboos University, Oman
Jay B. Ghosh: Information and Operations Management Department, University of Southern California, Los Angeles, USA
Hussein M. Saber: Management and Information Systems Department, College of Business Administration, Abu Dhabi University, Abu Dhabi, UAE
Asia-Pacific Journal of Operational Research (APJOR), 2007, vol. 24, issue 01, 1-19
Abstract:
We describe an exercise in trying to adjust faculty salaries at a national university in the Arabian Gulf region in order to attract and retain quality faculty. The problem is strongly constrained by policy and budget considerations and leads to two loosely related sub-problems: market adjustment and merit adjustment, which are to be achieved by means of specially sanctioned funds and available discretionary funds, respectively. We propose a methodology that addresses the former throughgoal programmingand the latter throughdata envelopment analysis. We illustrate, with a small set of real data, how this approach works.
Keywords: Faculty salary adjustment; goal programming; data envelopment analysis; assurance regions (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:apjorx:v:24:y:2007:i:01:n:s0217595907001176
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DOI: 10.1142/S0217595907001176
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