A majority of 2005-06 University Park faculty salaries are higher than other institutions in the Association of American Universities Data Exchange (AAUDE), according to a report released at Tuesday's University Faculty Senate meeting.
The report, released by the Senate Committee on Faculty Benefits, showed that, compared with AAUDE averages, University Park faculty salaries were lower for only 10 of the 35 University Park colleges for which data was available.
The 2005-06 median salary for professors at University Park is $105,120, for associate professors, $74,088, and for assistant professors, $64,008. These
averages have increased between 31 and 73 percent since 1995-96.
The median salary for professors at Commonwealth Campuses is $85,590, for associate professors, $66,888, and for assistant professors, $55,035.
The report said Penn State faculty salaries have greatly increased in recent years compared to the AAUDE average salaries, but for the university to remain competitive, faculty salaries for several University Park colleges and Commonwealth Campuses still need to be increased.
Senate Chairman Jamie Myers said the compounding salary increase might be due in part to the rising rates of inflation. He said Penn State has provided a steady, small salary increase each year rather than the erratic, unpredictable salary rates some institutions offer.
Myers said there are three categories that make up the degree of salary increase: base increase, percent increase for the President's Excellence Fund and the salary equity fund. These percentages usually add up to the 3.5 percent annual increase the university strives to offer each year, Myers said.



