UW-Madison announced Tuesday it has made funds available for raises to recognize strong performance and support faculty and staff who are in high market demand.
These changes are in response to UW-Madison’s noncompetitive salaries that make attracting and retaining staff more difficult. In comparison to peer universities, the university’s salaries have “lagged” to be up to $14,000 lower for a full professorship salary, according to a university press release.
“It’s crucial that as a university, we continue to invest in our people, even in challenging budget times,” UW-Madison Chancellor Rebecca Blank said in the release.
Three million dollars in campus funding for faculty is intended to increase the salaries of about 20 percent of faculty members in each unit, and $1 million is available for academic and university staff who are paid under the university’s base budget.
Salary increases will be determined by deans and directors, and should take effect no later than the spring semester.