Now salary compression
refers to little financial change--
"no in-range movement
in one's salary range,"
as described by
Tom Hocking at UNC Chapel Hill.
Salary compression
means that when new faculty find jobs to fill
"except for across-the-board
increases approved by the Legislature,
they'll stay at
essentially the same level over most of their tenure...."
"How can that be?"
you'll be tempted to say,
"won't I get a raise
every year from merit pay?"
Probably so, but
the way most Universities raise you
doesn't tend to
make you feel like they've really praised you.
Cost of living climbs
3.5% annually, sometimes 4.
But colleges don't
give cost of living and, for merit, raise you more.
Instead, when you
do the very best work you can give,
you'll get your
3.5% raise, which is what it's gonna cost you to live. |