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An Empirical Study on Impact Factors of Faculty Remuneration Across 18 Higher Education Systems

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Forming, Recruiting and Managing the Academic Profession

Abstract

This study draws on income data from an international survey, the Changing Academic Profession (CAP). Only question A12 in the questionnaire asks about faculty remuneration. Due to the difficulty in determining all sources of income, this chapter defines faculty remuneration as the annual gross income from the institution of full-time employment. This chapter will tell us what is the level of full-time faculty remunerations in 18 systems? What is the impact of selected factors on income? It finds that faculty remuneration in Hong Kong is the highest while remuneration in China is the lowest. Higher education organization (classification of institutions) and market (classification of disciplines), human capital investment (before educational degrees and present position ranks), and demographics (age and gender) all impact faculty remuneration with the impact of disciplines being the most complicated. The study uses the descriptive method and regression analysis.

The authors are indebted to doctoral students Bingbing Zhang, Zhiyuan Liu, and Qinggen Zhang for their technical help.

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Correspondence to Hong Shen .

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Shen, H., Xiong, J. (2015). An Empirical Study on Impact Factors of Faculty Remuneration Across 18 Higher Education Systems. In: Teichler, U., Cummings, W. (eds) Forming, Recruiting and Managing the Academic Profession. The Changing Academy – The Changing Academic Profession in International Comparative Perspective, vol 14. Springer, Cham. https://doi.org/10.1007/978-3-319-16080-1_9

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