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Faculty Salaries in Higher Education among Business and Other Fields of Study

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Title: Faculty Salaries in Higher Education among Business and Other Fields of Study
Language: English
Authors: Staples, Julie, Lowe, S. Keith, Collum, Taleah H.
Source: Research in Higher Education Journal. May 2022 41.
Availability: Academic and Business Research Institute. 147 Medjool Trail, Ponte Vedra, FL 32081. Tel: 904-435-4330; e-mail: editorial.staff@aabri.com; Web site: http://www.aabri.com
Peer Reviewed: Y
Page Count: 10
Publication Date: 2022
Document Type: Journal Articles
Reports - Research
Education Level: Higher Education
Postsecondary Education
Descriptors: College Faculty, Teacher Salaries, Salary Wage Differentials, Classification, Accounting, Marketing, Economics Education, Finance Occupations, Management Development, Business Administration Education, Decision Making, Public Policy, Costs, Intellectual Disciplines, Academic Rank (Professional), Teacher Characteristics, Professional Associations
ISSN: 1941-3432
Abstract: Discussion and comparison of faculty salaries in academia is an ongoing research interest for all stakeholders in higher education. The intention of this research is to understand the differences in faculty salaries within five business classifications and across other academic subject areas. Various authors have examined different aspects of faculty salaries using different sources of data. Using data from the College and University Professional Association for Human Resources (CUPA-HR), this study employs a series of one-way analysis of variance (ANOVA) quantitative tests to examine differences in faculty salaries across various academic disciplines and ranks. Significant differences were located among several of the five business-related classifications identified for this study (accounting, economics, finance, management, and marketing). Additionally, faculty salaries in the business field were found to be significantly higher than all other fields in all ranks of faculty classified as full-time. The results of this research will enhance the understanding of compensation for higher education faculty, leading to enhanced decision making for public policy and cost structures.
Abstractor: As Provided
Entry Date: 2022
Accession Number: EJ1347878
Database: ERIC
FullText Text:
  Availability: 0
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  Data: Faculty Salaries in Higher Education among Business and Other Fields of Study
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  Data: <searchLink fieldCode="AR" term="%22Staples%2C+Julie%22">Staples, Julie</searchLink><br /><searchLink fieldCode="AR" term="%22Lowe%2C+S%2E+Keith%22">Lowe, S. Keith</searchLink><br /><searchLink fieldCode="AR" term="%22Collum%2C+Taleah+H%2E%22">Collum, Taleah H.</searchLink>
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  Data: <searchLink fieldCode="SO" term="%22Research+in+Higher+Education+Journal%22"><i>Research in Higher Education Journal</i></searchLink>. May 2022 41.
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  Data: Academic and Business Research Institute. 147 Medjool Trail, Ponte Vedra, FL 32081. Tel: 904-435-4330; e-mail: editorial.staff@aabri.com; Web site: http://www.aabri.com
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  Data: Journal Articles<br />Reports - Research
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  Data: <searchLink fieldCode="EL" term="%22Higher+Education%22">Higher Education</searchLink><br /><searchLink fieldCode="EL" term="%22Postsecondary+Education%22">Postsecondary Education</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22College+Faculty%22">College Faculty</searchLink><br /><searchLink fieldCode="DE" term="%22Teacher+Salaries%22">Teacher Salaries</searchLink><br /><searchLink fieldCode="DE" term="%22Salary+Wage+Differentials%22">Salary Wage Differentials</searchLink><br /><searchLink fieldCode="DE" term="%22Classification%22">Classification</searchLink><br /><searchLink fieldCode="DE" term="%22Accounting%22">Accounting</searchLink><br /><searchLink fieldCode="DE" term="%22Marketing%22">Marketing</searchLink><br /><searchLink fieldCode="DE" term="%22Economics+Education%22">Economics Education</searchLink><br /><searchLink fieldCode="DE" term="%22Finance+Occupations%22">Finance Occupations</searchLink><br /><searchLink fieldCode="DE" term="%22Management+Development%22">Management Development</searchLink><br /><searchLink fieldCode="DE" term="%22Business+Administration+Education%22">Business Administration Education</searchLink><br /><searchLink fieldCode="DE" term="%22Decision+Making%22">Decision Making</searchLink><br /><searchLink fieldCode="DE" term="%22Public+Policy%22">Public Policy</searchLink><br /><searchLink fieldCode="DE" term="%22Costs%22">Costs</searchLink><br /><searchLink fieldCode="DE" term="%22Intellectual+Disciplines%22">Intellectual Disciplines</searchLink><br /><searchLink fieldCode="DE" term="%22Academic+Rank+%28Professional%29%22">Academic Rank (Professional)</searchLink><br /><searchLink fieldCode="DE" term="%22Teacher+Characteristics%22">Teacher Characteristics</searchLink><br /><searchLink fieldCode="DE" term="%22Professional+Associations%22">Professional Associations</searchLink>
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  Data: Discussion and comparison of faculty salaries in academia is an ongoing research interest for all stakeholders in higher education. The intention of this research is to understand the differences in faculty salaries within five business classifications and across other academic subject areas. Various authors have examined different aspects of faculty salaries using different sources of data. Using data from the College and University Professional Association for Human Resources (CUPA-HR), this study employs a series of one-way analysis of variance (ANOVA) quantitative tests to examine differences in faculty salaries across various academic disciplines and ranks. Significant differences were located among several of the five business-related classifications identified for this study (accounting, economics, finance, management, and marketing). Additionally, faculty salaries in the business field were found to be significantly higher than all other fields in all ranks of faculty classified as full-time. The results of this research will enhance the understanding of compensation for higher education faculty, leading to enhanced decision making for public policy and cost structures.
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  Data: EJ1347878
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    Languages:
      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 10
    Subjects:
      – SubjectFull: College Faculty
        Type: general
      – SubjectFull: Teacher Salaries
        Type: general
      – SubjectFull: Salary Wage Differentials
        Type: general
      – SubjectFull: Classification
        Type: general
      – SubjectFull: Accounting
        Type: general
      – SubjectFull: Marketing
        Type: general
      – SubjectFull: Economics Education
        Type: general
      – SubjectFull: Finance Occupations
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      – SubjectFull: Management Development
        Type: general
      – SubjectFull: Business Administration Education
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      – SubjectFull: Decision Making
        Type: general
      – SubjectFull: Public Policy
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      – SubjectFull: Costs
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      – SubjectFull: Intellectual Disciplines
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      – SubjectFull: Academic Rank (Professional)
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      – SubjectFull: Teacher Characteristics
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      – SubjectFull: Professional Associations
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      – TitleFull: Faculty Salaries in Higher Education among Business and Other Fields of Study
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