Kansas City, Kan. – With pay increase budgets stagnant at 2.4 percent in 2017, higher ed employers must reevaluate their pay and benefits programs to ensure they are competitive amongst their peers. This data comes from the recently published Compdata Surveys & Consulting 2017 Compensation Data Colleges & Universities pay and benefits survey results. This year’s report features data collected from 300 higher education organizations across the country.
Compdata Vice President Amy Kaminski explains how the colleges and universities data report can be a major asset to the compensation planning process, “In today’s challenging workforce environment, HR professionals are continuously seeking innovative solutions to overcome issues facing their organizations. Well-thought-out initiatives can help retain employees and improve employee satisfaction. Containing a vast amount of information, this report will be a go-to resource when creating strategic solutions for future success.”
Offering data points unique to the higher ed industry, Compensation Data Colleges & Universities reporting includes faculty pay methods, teaching load and contingent faculty practices. Users can filter pay data by industry classification, enrollment size, tenure status, local geographic area, and other breakouts important to their institutions’ unique needs.
Find out how colleges and universities are handling critical items, such as pay increases, employee incentives and cost containment. Learn about current turnover trends and recruiting practices in higher education. The survey covers more than 1,050 total job titles across campus, including faculty, higher education and general staff positions.
Compensation Data Colleges & Universities is available for the following regions: Midwest, Northeast, South Central, Southeast and West. It is also available as a National Suite, giving higher ed organizations the opportunity to build a customized package of compensation resources to best meet their needs.
Find more information about the 2017 Compensation Data Colleges & Universities results at www.compdatasurveys.com/colleges.
About Compdata Surveys
Since 1988, Compdata Surveys & Consulting has provided HR professionals with the compensation tools they need to stay competitive. With an extensive pay and benefits database and experienced compensation consultants, we are a full-service firm providing innovative solutions to complex compensation challenges. Thousands of organizations provide data in our industry-specific surveys every year, ensuring the reliability of the results. For more information about Compdata’s compensation and benefits surveys, contact Kristen Fanning at (800) 300-9570.