Salaries serve the needs of both educational institutions and faculty in higher education. For institutions, salaries can be a means of rewarding valued services and products. They can also be used to reinforce behaviors that colleges and universities deem appropriate for their respective cultures. For HRD faculty, salaries are an important economic resource. In addition, they can provide faculty with a means of gauging what their institutions value and of assessing their personal market value in academia. Salaries affect the morale, sense of self-worth, and career decisions of HRD faculty.Keeping in mind the important part salaries play for both the educational institutional and HRD faculty, this study explored the variables that best predict salary levels for HRD faculty. An examination of such variables can help administrators determine if they are indeed rewarding the outputs and behaviors they portend to value most. If the examination proves otherwise, administrators can take measures to align more closely their expressed expectations of faculty with their salary practices. Similarly, HRD faculty desiring to maximize their financial earnings can use the predictors of salary level to make a variety of career decisions. They can also better mesh their own professional interests and values with those of their employmg institutions.
Related LiteratureA substantial amount of research has been undertaken with regard to salaries of faculty in higher education. Although none of these inquiries examined salaries of HRD faculty specifically, the studies do provide insights into faculty salary levels in general. The results of these investigations have been of interest to state legislators, senior college and university administrators, and faculty. A large number of the studies have simply tracked salary trends; others have explored relationships between salary levels and selected variables.There is some evidence that faculty salary levels are characterized by three general trends. In a report titled "Faculty Work Briefing Paper," prepared by the FORUM is a nonrejereed section inviting readers' reactions and opinions.