Action 3

Improve faculty and staff compensation and retention

Action 03A

Exceeding the Illinois Board of Higher Education’s peer group median for faculty salaries

Baseline Information

• FY 2004: $60,100, 5.6% below median
• FY 2003: $57,500, 8.4% below median
• FY 2002: $59,300
• FY 2005: $61,700, 8.1% below median
• FY 2006: $64,600, 8.1% below median

Action Steps

Progress will be measured based upon the completion of the following action steps.

1. Action Step 01:  Exceed the Illinois Board of Higher Education's peer group median of $62,773 for faculty salaries.

Next Update Scheduled

Average all ranks faculty salary at Illinois State University.Performance Indicator: Exceed the IBHE-defined peer group median for average all ranks faculty salaries