The APA has released a report on the salaries of psychology faculty
at four-year colleges and, BOY!, is the news good!  For people
who can't be bothered to read the full report (e.g., authors of
popular textbooks for whom salary income is irrelevant), a
short version of the report presenting the differences in salary
between 2013-2014 and 2014-2015 for different ranks
which are further divided by Carnegie classification of institution
(didn't they do away with that?) can be found here:
http://www.apa.org/pubs/newsletters/access/2015/12-15/psychology-faculty-salaries.aspx?_ga=1.76392284.870134855.1438342229
 

Some key findings:
(1)  Overall, salaries were "relatively" unchanged from '13-'14 to
'14-'15 except for the ones that had their salary go down (after 
adjusting for inflation -- you know who you are).

(2) The value of unions: quoting from the above article:

|Psychology faculty at public institutions with collective bargaining 
|units earned more than psychology faculty who worked at public 
|institutions without collective bargaining units.

No wonder people hate unions.

(3)  For non-tenure track faculty, the news is especially good and
probably confirms what they suspected; quoting from the above
article

|Across all academic ranks, non-tenure-track faculty earned 
|approximately 77 percent of the salaries earned by 
|tenured/tenure-track faculty.

So, for Christmas, all you tenured faculty don't forget to bring in a
can of food for your non-tenure track faculty.

(4) But the really good news is the following:

|In general, psychology faculty earned less than faculty working in 
|other social science disciplines, as well as faculty in science, 
|technology, engineering and mathematics (STEM) or STEM-related 
|disciplines.

Don't forget to this stress this point with the undergraduates 
at the next career night.

For folks who enjoy reading bad news, the full report can be accessed
here:
http://www.apa.org/workforce/publications/15-cupa-hr/index.aspx

But let's not forget that extrinsic rewards like money, food, and a home
is not why we went into psychology, rather, it was the intrinsic rewards 
of knowing we were making a difference in our student's lives, making
a contribution to the discipline of psychology, and adding to the storehouse 
of human knowledge.  And if you believe that, I got a bridge to sell you.

Happy Holidays!

-Mike Palij
New York University
[email protected]


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