Benefit Cuts
Rider Faculty Compensation
Administrations proposed benefit cuts reduce Rider to the lowest level of benefits relative to our peer institutions.
All Faculty All Faculty All Faculty $ %
N=75 N=72 above meanProfessor 140,483 136,916 97 153,200 16,284 112% 11.89%Associate 106,478 110,197 98 139,000 28,803 126% 26.14%Assistant 86,923 90,219 51 106,300 16,081 118% 17.82%
Instructor 74,523 68,169
Lecturer 81,598 77,463
No Rank 82,331 73,376
WTD AVG 106,193 107,278 246 137,600 30,322 128%
Notes:
Source: The AAUP's The Annual Report on the Economic Status of the Profession, 2014-15 (Survey Table 7)
1 Mid-Atlantic= New Jersey, New York, Pennsylvania
Rider Faculty CompensationBased on analysis with FY 2015 data, we are above the mean relative to a pool of ‘peer institutions’ in the mid-atlantic region. Our faculty size (headcount) is reduced since 2015 as a result of retirements and the departure of a number of assistant professor’s after administration’s layoff attempt in October 2015.
Rider Faculty Compensation
Percentage at Rank
Rider Faculty Compensation
Rider clearly has more professors at a higher rank than many of our peer institutions. Many of these full professors are nearing retirement age. Accelerated retirements through an incentivized retirement program will alter this distribution to a distribution which produces a lower cost of instruction for the institution.
