Workforce Pay Increases - CUPA-HR

Salary data are collected separately for administrators, faculty, professionals, and staff each year. The data on this page represent pay-increase trends over eight years by position type. 2023 …


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CEOs Got Hefty Pay Raises In 2023 While Inflation Burdened ... - PBS

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Jun 3, 2024  · The median pay package for CEOs rose to $16.3 million, up 12.6 percent, according to data analyzed for The Associated Press by Equilar. Meanwhile, wages and benefits netted …

pbs.org

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Higher Ed Faces Shrinking Workforce And Pay Increases Outpaced …

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Apr 27, 2022  · Administrators saw the greatest average salary increase, at 3.4%. The salaries of professional staff rose 2.9%, while tenure-track and nontenure-track faculty got average …

highereddive.com

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2023 Could Be ‘banner Year’ For Pay Increases, Survey Finds

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Sep 12, 2022  · In all, 22% of organizations gave increases of between 4% and 5% this year, compared to just 12% in 2021 — an increase from the typical annual threshold of 3%. In 2023, …

hrdive.com

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As University Administration Salary Rises, So Does Tuition

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Nov 24, 2021  · When Jack Peltason took office as the first chancellor of the University of Illinois at Urbana-Champaign in 1967, he took home a salary of $34,000 per year. Adjusted for inflation, …

dailyillini.com

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Pay Increases Expected To Hit 4.6% In 2023 | WorldatWork

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Dec 1, 2022  · Overall salary increases in the U.S. are projected to rise to 4.6% in 2023, according to the latest Salary Budget Planning Report by WTW.

worldatwork.org

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Salary Increase Budgets Reach 20-Year High - WorldatWork

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Aug 31, 2022  · WorldatWork’s Salary Budget Survey reveals the average salary increase budgets were 4.1% in 2022 and projected at 4.1% in 2023.

worldatwork.org

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2023 U.S. Total Compensation Increases Averaged 4.1%

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May 5, 2023  · A Mercer survey found that U.S. employers reported 2023 annual merit increases averaged 3.8% while total compensation increased by an average of 4.1%.

worldatwork.org

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Nursing Home RNs, Nurse Aides Lead With 11 Percent Pay Jumps: …

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Jul 29, 2022  · Nursing home leaders saw smaller pay jumps then caregivers between 2021 and 2022. National average salaries for nursing directors increased 5.4% to $108,799; while …

mcknights.com

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Draft Report Shows Administrative Size And Salaries Soared As …

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Sep 9, 2022  · The General Counsel’s salary increased approximately 6.2 percent annually over the same period, increasing from $584,409 to $839,527. The average compensation for full …

yaledailynews.com

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Think University Administrators’ Salaries Are High? Critics Say Their ...

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Aug 5, 2015  · While their high salaries are given much scrutiny — presidents at research universities make an average of $450,000 a year, ... So the board of trustees agreed to pay …

hechingerreport.org

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Senior Administrator - Salary.com

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What is the salary range of Senior Administrator? As of November 01, 2024, the average annual pay of Senior Administrator in the United States is $111,282.While Salary.com is seeing that …

salary.com

FAQs about Workforce Pay Increases - CUPA-HR Coupon?

Which Ed positions have the smallest pay increases in 2022-23?

Tenure-track and non-tenure-track teaching faculty continue to receive the smallest pay increases of any higher ed position type. In 2022-23, tenure-track faculty saw a median pay increase of 2.9 percent and non-tenure-track faculty saw an increase of 3.2 percent. ...

How much do employers budget for salary increases in 2023?

Mercer’s November pulse survey revealed organizations were budgeting 3.9% for merit increases and 4.3% for total increases. Despite the 2023 actuals falling short of the projections, the figures represent a significant increase from 2022 compensation increases, which were 3.4% and 3.8% for merit and total increases, respectively. ...

Which employees receive the highest pay increases?

Staff (generally non-exempt employees) received the highest increase in pay in comparison to other workforce areas. This was true last year as well. Tenure-track faculty continued to receive the lowest pay increases (and were the only group of employees whose raise did not surpass inflation). ...

Are higher education employees getting higher pay in 2023-24?

Median pay increases for most higher education employees in 2023-24 continued the trend of the historically high pay increases seen last year. This is the first year since the pandemic that median pay increases (for most employee categories) exceeded the inflation rate. ...

Will wages and salaries rise in the third quarter?

The 1.5% increase in wages and salaries in the third quarter is ahead of the 1.2% increase in inflation during that period, economists said. However, compared with a year ago, it’s a closer call. In the year ending in September, wages and salaries soared 4.2%, also a record gain. ...

What is the average time between pay increases?

Timing of pay increases. The average time between increases across all employee categories returned to the historical average of 12 months, with executives’ average at a slightly greater 12.3-month average. Portion of workforce receiving increases. ...

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