Tag: salaries
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FAM Index
Average annual raise FAM has proposed to help address increases in your cost of living: 7%. Management raise proposal: 1.4%. Cost of FAM pay proposal annually: $15 million. Average Miami surplus over last ten years: $109 million. Miami’s rank among Ohio public universities for financial viability and net income: 1 and 1.
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“Miami University is in very strong financial condition.”
Bunsis explained that Miami can easily afford FAM’s pay proposals without touching reserves. Faculty salaries are well below Miami-identified peer institutions at all campuses.
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“Bottom line: Less than 33 cents of every dollar spent is for faculty pay”
On November 11, Vice-President David Creamer and Provost Phyllis Callahan gave the second annual Senate Budget Presentation. (We hope the administration will continue this tradition.) We received a response to the presentation from James Brock, Moeckel Professor of Economics at Miami, and he’s given us permission us to share it. The main takeaway: “The information…create[s] the…
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Miami & Your Money 2016
Chapter Director of Research David Walsh, with the help of co-president Cathy Wagner, gave an in-depth and fascinating presentation tonight sharing new data gathered by the chapter and giving a faculty-view perspective on salaries, benefits, and staffing at Miami. Highlights: • Large administrative raises over the last ten years as compared to faculty raises (some…
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Response to AAUP Budget Questions
At yesterday’s Senate meeting, Provost Callahan responded to AAUP’s budget questions (which were originally asked at the October budget meeting of University Senate). We will be able to share her presentation when the Senate minutes are published [it is now available and archived on this site here]. Her presentation was chock-full of information and we are…
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Results of AAUP Chapter Faculty Survey
A discussion of faculty morale was the agenda at today’s Faculty Assembly meeting, so it was a good time to release preliminary results of our survey about faculty concerns (you can still take the survey here). The discussion resulted in a commitment from the administration to survey faculty more formally and create an action plan…