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本科毕业论文(设计)
外文翻译
外文出处 Journal Of Education For Business,2010(85): 264–267
外文作者 J. Howard Finch,Richard S. Allen,H. Shelton Weeks.
原文:
The Salary Premium Required for Replacing Management Faculty: Evidence From a National Survey
One of the most important challenges facing colleges of business is hiring new faculty for growth and replacement of vacated positions. A recent report from the Association to Advance Collegiate Schools of Business (AACSB) International(AACSB, 2003) highlighted the declining enrollments in PhD programs in all areas of business administration. Coupled with expected heavy retirement rates as baby boomer faculty reach retirement age, the outlook for staffing faculty positions in business schools in the next decade and beyond is daunting (Stewart,Williamson, King, 2008). As faculty retire or leave institutions for other reasons, business schools are forced to mark to market existing salary lines in order to be competitive when filling these vacant positions. Considering the fact that many faculty members have been in place at their present institutions for many years, and business school salaries in general have increased substantially over the past decade, the amount of the salary premium required to bring the faculty line up to competitive standards can be significant(Lifsher, 1996). The purpose of this article is to help colleges of business estimate the mark-to-market premium required to successfully fill a vacant management faculty line. The amount varies by business school enrollment, highest degree awarded, and type of university. We report the results of a national survey of management departments concerning their most recent faculty vacancy, and the amount of salary adjustment required to replace the departed faculty member
Background
One of the characteristics of business faculty salaries in colleges and state universities is salary compression,
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