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Faculty Compensation V28 2 200, Vol. 28 Book

Faculty Compensation V28 2 200, Vol. 28
Faculty Compensation V28 2 200, Vol. 28, In the last few years, higher education institutions have begun to transform their operations from an academic to a business model, justifying their existence much in the same way private businesses do—in terms of profit. Faculty compensation systems are , Faculty Compensation V28 2 200, Vol. 28 has a rating of 3 stars
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Faculty Compensation V28 2 200, Vol. 28, In the last few years, higher education institutions have begun to transform their operations from an academic to a business model, justifying their existence much in the same way private businesses do—in terms of profit. Faculty compensation systems are , Faculty Compensation V28 2 200, Vol. 28
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  • Faculty Compensation V28 2 200, Vol. 28
  • Written by author Aehe
  • Published by Wiley, John & Sons, Incorporated, May 2001
  • In the last few years, higher education institutions have begun to transform their operations from an academic to a business model, justifying their existence much in the same way private businesses do—in terms of profit. Faculty compensation systems are
  • In the last few years, higher education institutions have begun to transform their operations from an academic to a business model, justifying their existence much in the same way private businesses do—in terms of profit. Faculty compensation systems
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Authors

Forewordvii
Acknowledgmentsix
Introduction1
Institutional Quality and Faculty Compensation5
Factors Affecting Faculty Compensation6
Internal Factors Determining Faculty Compensation7
Characteristics of an Ideal Faculty Compensation System9
Faculty Compensation: A Historical Perspective11
Faculty Compensation Systems Used in Higher Education15
Contract Salary System or Merit Pay16
Single Salary Schedule16
Nontraditional Faculty Compensation Systems17
Intellectual Rationale for Different Faculty Compensation Systems25
Arguments Supporting a Faculty Merit Compensation System26
Arguments Supporting a Single Salary System31
Operational Advantages and Disadvantages of the Faculty Compensation Systems33
Operational Advantages of Merit Compensation Systems33
Operational Disadvantages of Merit Compensation Systems37
Operational Advantages of Single Salary Systems47
Operational Disadvantages of Single Salary Systems49
Operational Advantages of Nontraditional Systems50
Designing an Effective Faculty Compensation System55
Steps to Follow56
One Institution's Redesign of Its Faculty Compensation System61
Constructing an Effective Faculty Merit Compensation System63
Constructing a Single Salary System65
Conclusions and Recommendations67
Appendix AIllustrative Criteria for Faculty Merit Awards71
Appendix BEvaluation Tool for Satisfactory Faculty Standards75
References77
Name Index83
Subject Index87


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