Compensation is composed of salary and fringe benefits. The faculty salary schedule and fringe benefits may be amended annually and are effective upon the approval of the appropriate faculty committee, administration, and the Board of Trustees. The table below shows the ranges and averages for nine-month step-system faculty salaries (plus flex dollars) for 2006-2007 at the College. Note that this may include some faculty salaries not reported to AAUP. Full-time, continuing faculty on non-tenure-track appointments were given raises of 4.2%.
| Rank |
Count |
Mean |
Median |
Minimum |
Maximum |
| Assistant |
31 |
$54,381 |
$53,540 |
$49,123 |
$64,892 |
|
Associate |
61 |
$60,522 |
$57,416 |
$51,894 |
$65,739 |
| Professor |
62 |
$75,370 |
$75,229 |
$63,588 |
$82,560 |
Contract offers and appointment letters are received by faculty annually not later than April 15 unless notification and explanation has been made to the Faculty Senate . Faculty members on continuous tenure are not required to respond; letters of acceptance from other members of the faculty should be returned to the Dean of the College not later than 30 days after the date of issuance. The salary schedule is reviewed annually. The salary schedule is an indication of intention only and carries no contractual commitment beyond the contract year.
Administrative discretion allows for special abilities or conditions relating to a specific person or position; this type of differentiation rests on one or more of the following conditions:
The pay period for faculty and staff is monthly. Salary checks are issued on the first day of each month following the month of work. Yearly salaries are paid in nine or twelve installments at the option of the payee.
The members of the Compensation subcommittee are appointed by the Faculty Senate and serve as the representatives of faculty interests in the discussion of salary and fringe benefits with the administration, and as liaison between the administration and the Faculty Senate in such matters. The subcommittee meets periodically throughout the academic year to discuss these issues. The Dean of the Faculty is generally in attendance when issues involving that office are discussed, including issues of salary. Despite the fact that the Dean is usually involved in the discussions, it has become traditional for the committee to make recommendations through the Faculty Senate to the administration concerning salary increases and changes to the system.
Tenure-track and tenured faculty members at Gustavus are placed on a salary-step system. The main goals of the system are:
Details of the system
- There are 30 steps. Steps #1-17 are for assistant professors and associate professors; steps #18-30 are only for professors.
- Salaries at each step are determined annually by setting steps #3, #14, and#27 (which represent the average salary step for each of the three ranks) equal to the coming year's projected AAUP #1 salary for assistant professors, associate professors and professors respectively, and then interpolating/extrapolating linearly to form 30 steps.
- Each faculty member will move up one step each year with three exceptions:
Financial Contingency
In any year, if the salary pool budgeted for the following year is insufficient to pay all faculty embers at the calculated steps, the following procedure will be implements:
Current State and History
Step Targets for 2006-07 are contained in the table below. The Target Salary does NOT include the $2484 in flex dollars.
This year, faculty members on the step system will receive a base salary that moves them 38% of the way from their 2005-06 base salary to their 2006-07 target.
AAUP targets are calculated as projections of the AAUP #1 (80th percentile) salaries, using the national figures published in Academe.*
Our 2006-07 AAUP targets are as follows:
|
Step |
Target |
Step |
Target |
Step |
Target |
|
1 |
$49,922 |
11 |
$60,159 |
21 |
$73,514 |
|
2 |
$50,945 |
12 |
$61,183 |
22 |
$74,984 |
|
3 |
$51,969 |
13 |
$62,207 |
23 |
$76,453 |
|
4 |
$52,993 |
14 |
$63,230 |
24 |
$77,922 |
|
5 |
$54,107 |
15 |
$64,699 |
25 |
$79,391 |
|
6 |
$55,040 |
16 |
$66,169 |
26 |
$80,860 |
|
7 |
$56,064 |
17 |
$67,638 |
27 |
$82,329 |
|
8 |
$57,088 |
18 |
$69,107 |
28 |
$83,798 |
|
9 |
$58,112 |
19 |
$70,576 |
29 |
$85,268 |
|
10 |
$59,135 |
20 |
$72,045 |
30 |
$86,737 |
The following charts show the history of salaries and compensation at Gustavus in comparison to the College's adopted goal of achieving AAUP #1 (i.e. the 80th percentile for Category IB institutions nationwide). In the salary graphs, the dashed lines for Fiscal Year 2007 represent projections.




Privileges of faculty emeriti shall include: