A tenure-track facultys average salary would increase to $91,722 from the current $74,142.
In the next four fiscal years, increases would graduate respectively by 4%, 5.53%, 5.84%, and finally 6.5% in 2009/2010, well above the nations present inflation rate.
The CSU Board of Trustees has approved a $4.5 billion budget request to the state for Fiscal 2007-2008, an increase of $266.8 million above the current year allocation, which would avert student fee increases. The request conforms to the funding agreement under the prior Compact for Higher Education with the governor's office, which provides a 4% or $109.7 million increase for general operations, $64.2 million for enrollment growth of 2.5% to fund an additional 11,000 students, and $2.5 million for an additional 200 nursing students at the master's level. In addition, the CSU would receive $25.2 million in revenue from fees associated with the projected 2.5% growth in enrollment.
The CSU charts below show how faculty salaries will increase if the entire package is implemented.
The final chart, assembled independently by the National Center for Education Statistics, is the 2005/2006 Integrated Postsecondary Education Data System (IPEDS) report comparing Humboldt State with 31 counterpart institutions with respect to salaries. Among the schools were CSU-Bakersfield, Sonoma State, Texas A&M-Corpus Christi, University of Tennessee-Chattanooga, Minnesota State University-Moorhead, SUNY College-Oswego (NY), University of Massachusetts-Dartmouth, and Winona State University (MN). The complete IPEDS report is available at http://nces.ed.gov/ipedspas/expt/pdf/IPEDSDFR2006_115755.pdf.
Year Salary Incr. New sal. Health Benefits Total Sal. & Hlth
06/07 4% (86,107x1.04) $89,551 $8,277 $97,828
07/08 5.53% (89,551x1.0553) $94,503 $9,219 $103,722
08/09 5.84% (94,503x1.0584) $100,022 $10,141 $110,163
09/10 6.5% (100,022x1.065) $106,524 $11,156 $117,680
Tenure-Track Faculty's average salary of $74,142 will increase to $91,722
Year Salary Incr. New sal. Health Benefits Total Sal & Hlth
06/07 4% (74,142x1.04) $77,108 $8,277 $85,385
07/08 5.53% (77,108x1.0553) $81,372 $9,219 $90,591
08/09 5.84% (81,372x1.0584) $86,124 $10,141 $96,265
09/10 6.5% (86,124x1.065) $91,722 $11,156 $102,878
Part-Time Lecturers average salary of $43,192 will increase to $53,433
Year Salary Inc. New sal. Health Benefits Total Sal & Hlth
06/07 4% (43,192x1.04) $44,920 $8,277 $53,197
07/08 5.53% (44,920x1.0553) $47,404 $9,219 $56,623
08/09 5.84% (47,404x1.0584) $50,172 $10,141 $60,313
09/10 6.5% (50,172x1.065) $53,433 $11,156 $64,589
Because there are four payouts, the amount for Salary Increases is compounded. Therefore, based solely on above increases, in 2009/10 the average salary rate will be 23.7% above the current level. In addition, the CSU has proposed a 1% Incentive/Equity salary offer in each of the last three years of the contract. That will bring the compounded value of the offer to approximately 27% in the last year of the contract.
CSU Pays 100 percent of Employer Government Code Increases in Health Insurance Premiums This results in no or minimal out-of-pocket expense to faculty to pay for annual increases in health insurance. With the increase in premiums, the faculty base health care cost in 2007 will be over $120 million growing to an estimated $145 million in 2009.
The Cost of the Salary offer to Taxpayers A 1% increase in system-wide faculty salaries costs about $13.5 million in the first year and it compounds every year thereafter. Therefore the cost to taxpayers for the four-year offer is more than $332 million. That does not include the additional 1% incentive/equity in each of the last three years, which would result in an additional $47 million for a total of $379 million.
IPEDS Figure 12. Average salaries of full-time instructional staff equated to 9-month contracts, by academic rank: Academic year 200506
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NOTE: Average full-time instructional staff salaries for 11/12-month contracts were adjusted to 9-month average salaries by multiplying the 11/12-month salary by.8182. Salaries based on less than 9-month contracts are not included. Medical school staff salaries are not included. N is the number of institutions in the comparison group. SOURCE: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS): Winter 200506.