In this conversation, Dr. Gail F. Baker and Frank A. Casagrande discuss the critical topic of faculty compensation at the University of San Diego. They explore the need for reevaluation of compensation structures, the importance of engaging stakeholders, common pitfalls in compensation studies, and the challenges faced during the process. They also highlight key metrics for sustainable compensation, the role of fiscal realities, and the positive impact on faculty morale. The discussion emphasizes the importance of transparency, long-term sustainability, and the critical first steps for provosts leading compensation initiatives.
Takeaways
• The need for reevaluation of compensation structures is essential for fairness.
• Engaging stakeholders early on fosters buy-in and collaboration.
• Common pitfalls in compensation studies can derail the process if not addressed.
• Challenges and resistance from faculty are expected and must be managed.
• Key metrics for compensation should focus on equity and sustainability.
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