SPECIAL COMMITTEE ON FACULTY SALARY AND BENEFITS

On February 5, 2014 the Special Committee on Faculty Salary and Benefits was established and charged with undertaking a year-long review of NU policy concerning faculty salary and benefits.

The committee membership includes representatives from the Budget, Benefits, and Non-Tenured faculty committees (membership chosen by the committees themselves) and at least one senior NU administrator. The Senate President will serve ex officio.

Among the issues the committe may address are: national standing of NU compensation levels at every rank; current system for awarding wage increases; over-emphasis on outside offers as a basis for salary raises and consideration of alternative procedures; apparent decline in value of benefits; equity and fairness of current benefit system; and mediated relationship between endowment income and salary and benefit levels.

Upon completion of its review, the committee will write a succinct report and make recommendations to the Senate. 

Chair: Michael Schmitt - schmittm@lotus.phys.northwestern.edu

MOTION: carried 2/5/2014

Faculty salary and benefits: The Senate Chair proposes the formation of a Special Faculty Committee -- see Article 5, Section 3, Part 1, including representatives from the Budget, Benefits and Non-Tenured faculty committees (membership chosen by the committees themselves) and at least one senior NU administrator, to undertake a year-long review of NU policy concerning faculty salary and benefits. The Senate Chair will serve ex officio. Among the issues it may address are: national standing of NU compensation levels at every rank; current system for awarding wage increases; over-emphasis on outside offers as a basis for salary raises and consideration of alternative procedures; apparent decline in value of benefits; equity and fairness of current benefit system; and mediated relationship between endowment income and salary and benefit levels. Upon completion of its review, the committee will write a succinct report and make recommendations to the Senate.