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2007

An Analysis of the determinants of MIS facultysalary offersThomas Tribunella

M. Pamela Neely

Clyde Hull

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Recommended CitationReview of Business Information Systems. 2007. 11. (1)

An Analysis Of The DetenninantsOf MIS Faculty Salary Offers

r-..TribuDclla. (E"""'-_~ _odo~SUo< L..,~of''''' Ycrl; .0........Id _"cdy.CE_l".....t) ncedol,R. ' _<>ffr' '~

Cl)*ElnbtH<lll.(E_douIl" nc...l,·........... -.:ofTcd 'iJ

."...,. .........m. ..... /woo pvbIuMJ rn."N oro~_ iIr~ /iA4s swif ... 1i1uIo«......-.ul. tIftd~...........".. 1mif' __ ..... """ pmtI ,., .v-..,-I~$':m-s (.IIlS!. C....,;c~ ~ rr- IJw /uu""," tue UHit'plIl Jl>II1on 0{ jaal/rJ~_ tIftd ..... """-WOlp /(} I'UNn:"II ~nm-f<w .l.flSjQnJ"" 1hs.-l)- nnMI"'JrotItpe"Slfl'''''. ,.,nA:, aJtd puN_ron dIlla C'Dll«tnl J>Om 'M ASSO<'''''..... for trt/or-'_ SWt'lOUfAlSI l00J.100l. 1004-2005 uIId 200j.10f/ll VIS Salary Sun":,,.. .IIIS /aClI1'J "'J." ..~ M1Of,'f"'fJloj'td "" ,1Itu¢"J pmiJiotrs [J/nI "'" rM onIw s.wn'n' al ,lIf illS Web J"~ "" a sdful«,eJbtu/' 1M "..lutiOlr5I1IpS Nf>,.,.", rompttlSIM_ and 'IJ poulbk ck"""'''''''nls "",II I,. NUIOrrllproduc,""ty and ,,,.lilf<li<mal In:rd".., load,," ""PM"'" ~Il <U 4nal)~..J_ lI't ,flIUI 'h'rotttpt'.....'wn 1$ sig"'[lC(Jml,· rorrtlUIN ''''h proj(sW/'J' projilfJ ""II aJ ...,"" ,lIf Jcllool proJilfIII ...h",11 1M projfSkK m::""wJgJOb affi...

J n 4 f'I:'(·n.8,K" private enterpriSe sYStem. 'flCom. ShoUld, 1>< di",ibute<! lICcordl1ly to pradU"i,olly [Ferber,19741_ Moreover. bu'm.... ""bools should IlJ>ply lite b...c 'euct ,h"."c.demlc, .hould be ",,,..,ded b...don mcnt. TIll, ~'"dy exam,nes &ca<knltc tomp<n<ation.OO its relaucmlup Ie ",I"led v....bln. tneludi"K

pl"Od"oH'llY Ind othe' ,"";"hl... Some de'Ofmln.nt. uf .eademlc ...1&';.. in lbe field of "",na~.men, mfon",lt>o"'yslOIM In: ~USF>'c"'.

"

1;-;TR0 I)tiCl'r0 1"

Il"""....,h foc"""i "" .loIlS·reL.ted o<adcmw: ,ssues hilS maInly ",mh-ed """'''''I~ lh<.-ntd: "T'he nllk,n, of,....mab. the nllk",; of faculty and ,be ""'lin; of ptQV<lms W!><rca<. number of5lUd''''' It,,,e emerged 111 rellllon 10

"T'he Aqoc,.""" to A'h"aJ>ec Col1CJI;I.te Schools of 1I",n'e" [AACSR !OOl]l'e'pOrt5 faculty oal&ri.. 'Mually'" nuny'd'$Clflh'" are.. sucb as finao<:c, """""nil"&- marl<ellO&- <XQn<)m......nd ma...,..mtnt Unfonunately. hnle ..publIShed obour ,be pmccu ofe'~llOl&nd. e(>lf\jlClMlllna M"""semcn' Infunnouon Sl"lctnS (MIS) prof~. "T'he<ktcmunants of I faculty s.>bJy oITer are no< <Ie... ClOt Salary I":"'"""" &nd fxulty pnKDCtJ<Ia an: FncnlJy a<ldrcoscdby WlI\'ft'SIl)' l1'odcl....... tboup. = endmcc [Dmms eI aI.• rootil SUQCSU dtal the protnOI"'" &nd lC1IUre

n"2lu.a_ ptOCfl5 til .lollS tt:Uly I>O'Cd 10 be =0MIdcrcd. H""'......... 11 IS """,iIlle lbal :lddJtoonaJ rae.... tt:UI) beomponIIIt 'II the dctcn:nJ.not"'" of the LtUl>&l ....,

nus study eUltt'.... COlI4"'_ rml. and """heau"" dolO «>lIo:tcd &om mdJ.v>dIaab .'1>0 toa>plctcd the:!OOl-lOlH. lOlH-lOOS MIS IDd 2OOS-rooti Wary -'"")1 :III d>c~_ b ln~ S)_ [A1S. 2O(l.I1\\ cb..., "I'he rebu'WI$hlJ'" .-. r:mk. c""'PC.......... aad mcan:h pro<luo:u\lty IleaDed frooa lb. dala CDIIld <VppIy,caI....lc ....,ib' duru>& pomot>on. ~. and _"",tiluoa dc<c_ Tltc rcsuI.. of tJ.s RUdy coWd aI:to bctleli'profes6on."" 1e'tcb lIIIId ~_h In 1Itc ore:I of MIS In add>_ ",formauoIt rcbIcd '"--'~ weh.. accrcdtla'.... IoeoI..... arK! !elChJnz load are abo !Deluded to tbc anal).....

,

R~.i"", orBu,;"~,, {"formati"" $y"re"" _ Fir.'1 Quarler 2001 VIJlumt /l, {\'umhrr I

Joumal and facull}' raokm~s. researeh related to the determinanl. of salary ofTeB are locking \>oth in the MIS (,eld andin orher fields.

Many srudi~ ha"e l>een conducted thor attempr to rank facull}' and programs on vanou. fatlors [Gulm3nl<:!.1998; 1m, Kim et al" 1'#98a; 1m. Kim ...1" 1'#98b: lernann, 1'#98: U.S, Nev,s on<! World Report, 2006]. Whilefaculry members Me expected to spend lime In a rnultllUlk of W'YS [Shelron, Sugg, et ai, 1996], ranking of rheirperforntllnte is frequently b..ed on publieauon pattern, .lone [Guima,."es, 1993: 1m, Kim elll .. 19980: 1m, Kim et.1..1998b), Probably because of the difficulty of delermining an objective, uni,e","lIy .ppli"ble me.,""e rorproducrl"t)' lbal "not ba.<ed 00 public.non pOlle"" [1m. K,m el .1., 1998b), publicanon productivity remall1S thepnnllt)' me",""" of f.cully rankmK Howe,er, doel 11 foHow th.t publicanon producrivny "ill de"mnne the <alari..<hal an: offered u, faculty .. they stan thelt <.roe", in "".demia or embark upon. job change'l

Journal ran"lnlO' 1II MIS, often an nnportant pre<:urso, for ftl!\king of f.culty members and programs, h,,'ebeen stlld,ed many times over the lasl se"eral years, The rankin8' or journ.l. are typi<.lIy based on ",rveys ofacademics in the field "' well as ei!:lllOn Nun" of the .ni<les published [Ginenoon ond SlUtz, 1991: Holsapple,Johnson et al .. 199~: Hardgrave and W.l.\lrorn, 1997; A Wal!o-om, CHardgra"e etal" 1995; Tribunella, 2005J, Thejo=I. Communica,ion! of Ihe ACM, Deei.ion Science., Informarion SYStem< Research. Joornal of Managemen,Information Sy>lerns. M!S Quanerly, ilI1d Management Science' are consistently the top ranked joumals, .nd a.s suchhave a larger impact on the ,."hng of mdwldual productlviry than do mo" OlhCT journals. tOoug/l Dcnn,. er at. [20(6),uggest that the Joumal of Ihe A"mda"on for Inforn1arion ,1)'SlemS may berome ollOrher top-ranked journal in thefield,

An cxamin."on of rcqulremenl> for hlnng in the field, as "'ell as lhe detcnninanLS for "I.riel offe,., reveal.thai lh. Ii",r"",,. is s.po,.e, 110we"er, oUl>lde the field of MIS. a numbe, of ."ide.\ addreS$ the are. of facul'y<ampe"",'i')n .nd prc>duc'h';ry, Determmams of faculty <alan", [JJenln and Z,Vney. 1992; Tribunella and Yeh, 2005)and rank [K.t>" 1973] as w,,11 OS the value of journal ankles pubHshed [TUCkrnllIl ond Le.hey, 1975; Tribunella andTribunenl, 2(06) .nd citations [Diamond, 19861 have bttn the subject of anaIYS'I. For example, S"idler andGoldreu.. [19(8) reported Ih.. a professor'. flfS' published .",de in. wp finan<e joom.1 has a Pe' present v.lueberween S19,493 and $33,754, !n .nother example, l)i.m<md [1986) concluded th., "'" m.rgmal compensation "alueof a Cl1allOll ranges between $50 ond $1,300, Ddorme, Hill, and Wood [1979) took thi, line of researeh one stepfurther by conduclmg • S1udy to .nal)-'7o quantitative me'hod, of deterrmninlO facull}' <alan",. In addition, thec.mmgs Ind prumo1lOn of f"male f.<ully h", been 'lUdied IJohmon and Srafford, 197~],

•Much ",.earch bo. been pubhshed related to comp<nsation In m'Jor academie Iidd, .loch .. finance

[$widler and Goldreyer, 1998], educatioo, and <cooomics [Tockman and lJogelllAnn, 1976J. Fac'ors which arediffi"ult to conlrol ,u"h a. "onlOCnialil}', reachlnlO qu.IJI}', service to the In,mmion. .nd journ.ll qualily will enter lhepromoliOtl .nd compensation process and complicate the ..,alySls [Tu,krnan.nd Leoho}'. 1975). ~loreo\'er. someslUdi.. have included re.chJnlO performonce '" thell' ",,"lysO.\ [Koch.nd Chizw,., 1973). It is unde.. whetlter thefoctors di..",sed in these an,c1es are rel,,'an, for p,edicllng ""Iaries for newly m"'led PhD's or for those rndi,idual.".-00 are m.bnlO a job SWItch In ac.denua

While ,he current "ud,. " "'torested in the relo'ionship between SlaMing salarie. and rbe factors rhal predICtthese salaries, " i. mleres,ing to note tha' Tucl<man and Leahey [197S) reponed <ha, public!llOns provide dimimshingrelurm and thi. m.y exploin why many senior fa,ull}' members experience" red""t;on In thell research producri"lty.Furthermore, knowledge of on individual's p"'t publl"ar;on t<cord IS an unreliable pre<li<IQr of futuro produetivi'y[Zimcy and Berttn, 1992), ThLS may explain why only. small perecntage of faculty membe", rem.in produch"econSIstently throullhout the enllre course of their career,

.\IU'1l0DS

S~mple S.loetlon

Y"lum, II, ,,"umber I

Tbe 5U...·ey ",os de.lgned and " mt"nta,ocd by IkIl1l11 Gallelta at the Unl\ersily of Pennsylvania,J'anictpant' could submit dllll """,,>,n01.1.ly or 1IOr\- .nonymou,ly, 1be .,u..."y wa, >ceomp.n'od by a pnvacy policy"h,eh >ra,ed that pat'lklpa,~ idenllue' "ll1llOt Ix: row.lcd, Nun-,,,,,nymous dot. was cll<ourngM because ",moadmm'str:ItO'-'; wi1l di«oun' ,he ,-.hdity uf .n<:In,moU5 do.., The ,",pondonts were aske<! to pro, ,de cornp<n5il"on

11 i. not our imomion to imply th>.t e,'e1yon~ wan... to maximi,e their ..,Ia,y b)' "'Ofk;n~ al a resea«;h orionredschool and pursultl& a high poworM """""'th agcnd., We re~ojp1;'o th,t thoro ore mlIny who cboo,", to f'oc". 00 t~

,~aching aspee" of tim career. Il>sed on earlior findinl:' (Gallet.) the salafi.. alleachiog schools ,ond 10 be lo"'~r

th.m ,al:ui.. at re,oarch school., Finall)', tho ",suits rnay make 0 cootribu,ion to findmg. eompon",'ion m<>dcl th->, ..l:"'nerahzable ro other acadomic field.,

Contribulion< or TltI. Stud)'

'Ib~ ...mple "-<cd in thi. ,rudy i! mc,nl 10 De rop,e""nlmi"e of lhe population of MIS ptof~s""ts 01l!h~ jobmarkeL The dot:> ,,-,cd i, takon from tho re,ul" of the 2003-201).1, 200t-2oo5 and 2005-2006 ...lory sW'o'ey' .. the AISWeh 'ltO. This ,urYoy wa. ;ulmmi"ered onlino and only new facully membt-rs or r'CUlly members" ho changod job.in tho 2003·2006 academic yoats panidpated 'G tho study, E,',dcnce from parallel ,rud'e, .how. thai online andtradilion.l resear<h method< yield <lmilar ,o,ulls [Y ome, 1998],

Even though much =Ofch h., been published ",Ia,e<! to compensation ,n m.jor .cademlc fields .uch ",finance, occounung and economlC5, lillie allemioo has been &"'en '0 the ar~a of MIS. Although Fmltck (2005) h~.

studLed tho supply.nd dem.nd of IS profe.",rs, as well., mveStig"e<l the "'OTOll<' ...I.ry ch.ngos over Inno, ho d,d!lOt look at ", rdali<m.h,p to detorrninan" luch as ",,,,arch p,oduct,,'ity.nd utllvon;ily .ttril>u,e.,

S"",o this IS ,he firs, Sludy of the d",umm'ml< ilf MlS profew", <om!>"nsation, " will holp odministraton;,such •• <!<parrm<:n, ch.lrs "nd dean<, all"".,< "''''0 ",,,,ur<;e, to f:>cully, A"'OfeneSs of Ihese MlelnU".'''''' " cruc,al'0 cll'Ure ,h.t f:>cul'y memb<:rs are b<:iI1g <ompensote<! at mark.1 ral.s, Admioistralors <an also b<:ndlInarl how theyc~mpensato thOIT focully III r.lattoo 10 peer «1>001£. It ,,·,11 Old decISion proce= ",Iotc-d '0 <".lw"'ng MlS f:>cullymember salario. by reponing mark~,-bas<:d d.,nmirulnt•. In .dd"ion, " m.y supply inforrnotion to faculry 10 helptheot understand ,h. marke' ror<e. Iha, det<rrnirn: SlIlary uffen<. Comp",hendinil Ihe.. fOfces i. in,porlnol for .. I«tlllg6IIe'. Carcer path A<cordHll:ly, if a fa<ully memDer seok. omploymom Of a teachiol: «hool In the Glid-,,'",'. theycould .ppmxmlllte tho potemial sali1fY offo"

Th~ r<spondenc, self·sdcr'ed '0 parrioipale io tho ",'Yoy, \Yhen ,u,,'ey que"ions .sk for persorull and:<emit,,'e \nform'\lon, ntln.re.pondcnc, rruly difTer 'n ,mportant way5 from responde",s [Judd, e, .t., 1991]. Th"""hy ro",ar~hetsu<ually .,k about ;noome .t fho end of the survey, .flef ",me rappon has booG established [GIa<.,man.nd Gl."mon, 199~1 Thereforo,. po5lible ....e.kne., of this srudy is .. If-,.I<<1100 b,as. n'Q5e ....f>o chose 10parr;clpatc In the ,urvoy mav IKIt b<: rcpr...m.tlve of tho populauon abou, "h,ch ",e wi.h to make mfereneo.l, In,ddltlo,,- the "'Spond""'t5 may have given f.l.. or m"le.d,og ,nformauon. Til <rutigote ,h" prohlem ....e compare ourn,<ults ",th ,ho IilCr.luro to chock for reasollablcne" Wo al"" compare the 'urve}' '\'ernge ",I,ry wtlh ,vo,>go""I,nes f<'JlOned by the AACSB (ASSOCiation to Advance Cullegtat< $,hool, of Bu,m",,) Since the m'Jorny ofsurvoy re,pondent' (62~Jo ..e Table 5) ",or~ O"''''''rlI profcs",,... wo e"mpored lho IV\CSB 2()().l.2oo5 Solory Su",'eyEX«Uhl'O Sun"'''''y [AACSIl 2005] u, the dOl. used m Ih" ,tudy, The AACSB reponed. "'0"" new hire, .ss!Stamprofe<."" of MIS, ~, a ,;alory of S87,000 ~nd a now doctor>te of MIS at S91 ,900, Tills IS comparable ""th the 'W'o'ey"'.ult5 or591,481 for a"i,tant profc"",,, (""0 Toblo 7), ID .ddition, the reliabthry of !he d.tII " ,nc",,,,,,d Since 4104of the ro'ponden" roYOalM ,~o" ident;t; .. ,

lIC'j~... "r8u,j,,~s< Inrorrna,'on Spr~rn., fj", Quarter 2007 1'"lalll{ 11. ,Yurnher 1

information. eXjkrience, publication>; and fa<ully rank. Responde"'s ",ore also asked In supply scbool .n<!demogrophic inform.1tlm

In order to understand lhe relalionship between possible f.ctor••nd faeully compensalion. we finn reviewedlit«ature ,n the area ofuruversily faculty compensation. Bssed 00 the li,erarure re,'leW, we discove,ed thol vori.bl..sueh a' rank ($widlcr and Goldreytr, 1998; Trihundla .nd Yeh, 2(05), journal pubhcauons [Kal,z 1973; Delorme etal.. 1979: Tuckrnan.nd u.hey, 1975; Sv.idler aoo Goldreyer, 1998; Siegfried .nd Wh"e, 1973~ Tribunella and Yeil.200S), boob [Kat:./., 1973. Siegfned.nd White, 1973). experience [KalZ. 1973~ DeLonne et.l., 19'19: Tuckman andI.e.hey. 1975~ SWldler .nd Gold",)"er. 1998: Mdieha.r 1965. 1968, $iegfned and Whi",. 1973: John""n and SllIfford.19'14), odministrotive po"tlon !K,", 1973: Tue\;man .nd L~ah<y, 1975: SWldler and Goldreye.r 1998: S;e~friod andWhite, 19731, schoolloca"on [Tue\;mllll .nd le.hey, 1975: Conen, 197\1.•nd highesl degree e.med [Ka':;:, 1973:Tuckmatl and Leahey, 1975: Melichar. 1965, 1%8J, could eon<ribule S1gllttk.mly l<> • facully member',compensauon, Therefore, we ""ere please<! to see questions related 10 these possible foctors ,n llle .uney. ""e .Isoconducted f.eNo·face mtervio",.. v."h MIS fotullY member< and dcpanrnenLsthool adnunt<lI"ators 10 gain .nund=tanding of po<sihle faclon; in de"'nmmng MIS faculty ""lary_

In th .. stlldy, compensal,on to measured in lenn. of cash sal.ry. Accordingly, omployee benefi,.. laxe'.union contrac", grants. consulting, ex"," "",'icc, and oth.... "mables wefe tlOllncluded in the compensation .moun1.

RESULTS

Alief the da", was COllecled. Lt "'as coded, emered 1010 SPSS I. s"'t1'[1<;.1 soliw"e p.ckage) .nd .nalyzed.As d,splayed '" Table 1. one hundred ond ",\'emy-sc,·<:1t f.cully members pafltcip'led '" the sun·ey. All ,mern'lt1onalresponden", ond four ou,he.. were e1tnllllaled from the <fa,a. Only 9% of the respondents were "'te,rull;on.1. The"'temalional respondents reponed <fa", th:n wss sulmanli.lly dlfferenl than ""hat theu US coome'Pans reporTed.

Tablol: '" J. ~I,~ Attdbu,,,,"<or Tu..1 US R<>pon~ •• t! I lnt,,".. lonal ~11..ln¥ Sal.ry- O.,lIe",,,, nd,nl.

i 04 n " • , 02 ,OJ " "

, , ,;005/06 " "

, , ,T<>I.1I, 171 ,~ .. " •

Tsble 2 dISplays lhe intotnatwnal data. ,,-hkh is mucb different than the US dat. In terms of salar)'. summefsuppon. and co""c load S,nce US and ittlCrntltlOnal sabry offcrs are not comparable. 1'.'0 remo"ed the ",tonl.llonal~.

I

loll....H.n.1

r.bl, 1: US ",,,u. Intom.,l.nal S.I." Off."S.I." I Summ" S. rI93271 9.53145929 0

COUlM Load,.13,14

In .ddu'on, the d.ta ren.led 13 m,,,ing sabri".nd four oudicf<_ "The four outlier< a", displayed,n TobIe), The outliers .re outside of tho ",.lm of fe.son.hlenoss. For example, respondent lhree cl.ims he,she need, SO ""A""puhlteatioru; for tenufe ond respondonl23 reports. <c,chmg load of 18 sections per year! We undorslllfld lhol thostout hers might be due 10 \;eY!'un<:h errors or miSlnterprelOlions at" the survey questlo,,"_ Missing ..lary <a"" and""Ihers "'ere also deleted from the dalll. ThIS left 144 usable C05CS m the d.tabase,

lobi< 3: 0.1110" Odf'tol r._ Da..,.. ,. T. T..... ~~ SlIoI} I T........~ 'n_ ~

~" ; • ~... •- .. • , .... """ ", • "'.. •

"" ",

" M" "

...~... ro••",.,

"•"..,

hbolr~: l.j, ...... , , ..........

'«.........St.,." ,- ,-," ... " .."",.11, <J<In~1 Am'«IoI<d ,-..cb .. ......CS8' " ,•.

"a<~h or Ift"""",,KUUlI, \cc~,.,j I~~ ,",\I,..... , ",T,....I '" 100'~

"01(·...1 • C."" r.t<,n!

pn,a!.(~ '"' 11""P"bl,"C,~ ~ ::Ii!.

\"um ,..,~ '" ,....C_ ~ I~".

~,- " -.,It....., " :to".,- ," ,....C.... a.-...., ,- -'""""" " ~.~ " :~'.,- ~ 4'.

"""'"'£, ,.

,~ '" ,...,

",,,,heN " 1.....<;,..tb " ,n',,. 'li<I~"" " ::'1'0,,,

" IS'.Mi.,," , ,.T"ul '" ,.....

St_', II ~~~ '«: C...~ P••o••'.\,,,~~. , I'•~ " ,•.\l~..... " ~ :".

I "'-- " ll'.'hM!IJ • ,'q ,...,

"'"~ IoU '<:JPOOCk- rqx~ 1110< d"'n$ll~ 01 lhr US faalI" popI>~"'" If> _Dlo' ~-ao..s.:n.,..'. >lltl&x::< or 1110< "'hools ..... maok 01lCrs ... "'" ""'. • .... :an:~"edbclooo ,n T""1t ~

1 ablt ~ <ho1o... lbal 8.... or Ih< r<SPOO.x"l.> I«<'"r<l off &om D>I>OI:Iallr accrrdned 5ChooI.. 71'. ,,=rn'aw un,' ,"""t,es. and I ~'... "m: """"":<cd. Tk wlltll"' \ocaI ,,= ~.n d'''n"buted ~ 1m~. kmg <ubIrban

DId )J°O ~nlloattd nl the _til, Only ()n<' of1hc~ffCe"~ .... nffer from .atbool~ the hJ~~ .... 1lII auoc:la1C'l devcc MOIl~ f5....j =el"cd offen from -='sdc~ sranun. 1IJS1ll"l>I>D5.-

T_S:~, I'noIlInr .....·Ra.k, c_ -V_I-.- "A_ " .,..A~ " ,•.rWlCbair , "..~. ~ ,~

,~ ,~ "...'" .....~ _E.,.<d: ,,- PuelO'

8ochel", , :,.\1 .."", • "P~O'AAO "" 89'"Mi"in • ~~.

,~ ,~ '''',Iclcallt>' 1I:..""1ttl ,,- ~",. M .".

~ " ,~,

,~ ,~ ,...S.il_ ,. ,- -,,.. ~ ~.

~ '" ~

,~ ,~ ,................. nl Table 5, 89 pem:tII of the respondcnos bad earned. Ph.D. Of"= ABDIAn BUI Owcfw>oa) nl.

dncl<>nal pI'01<I'lIm. S"'I}-"''' perunl of the rospoodcms: .."t1'C c,1hef no.......iswl, profCSOOI'J Of ass_, profcosors... 110 ......., , ...,,,,hmg JObs. T"" perc"''' of the £oeWl}' beld lbe rank of ASSOC13IC Prof.,....,. and rOW" percCZII ... etC FullI'",f~ Of dcp=mcn, chall'S.

Table (> display< descnp",'C S"'ulllol rel...",d '" lilt responden'" thaI "hos<: '" cortlple'e lh. """,cy. The'~po"denll Wcro rcla",'e1y lI1e~pencll<;c<l fatully ,,,th. mellt1 of 4 12 .nd a med,an of 3 ~'<"I of MI ,ime «achmg1'1>< ~\'Cfll~< 1Ur.'oy ro,po!1dem h~d. mUn of ,89 'OP "cr joumaillubho.';on' .nd a me.n of 3.76 Olh<r journalpuhhc~ll(lJ\5

hblo6: R.. "do.,llot«r1 ,h'. S..,I>,"", 'H•. "". M ... '10<110. ,,~

SI••da,d

o..ia<..\...... -" '"

, ,. H2 , , ,~

r,~__ I~I , ,

", ,

""01"'" oar..- ,~ ,~ ," , , s.sn

1<,,- ,~ , ," "

,"a--n.~"",*, "'

, , , , '",- ~ '",

~ '. , ,~

Table 7 di>plays ~npl"c SIllI"'"", rclalCd In Ibc Job offen Ihallho """'CY~~,ed. Ow..."",10: produced ... ","U2l1 _ MIS rKulty salary offer of S91,522 .."lib. mod..., off", of $92,000, 1lIc mean""""" load ...... 4 61 sccUOflS per ~., mel lhc mean"""""",~ "'as $9,777

Many foc'or< ,ncluded m 1hc >Ul".y ""m:' ""'iiCC'od 10 1\;1•." ,mpacts on bculrj C<IItIpCII5anon. T.. eum,ne,""'" ,mp.>clf.. I b"..rialC COI'T<'lauon IC<l ,,:all coNI"".... be''':eeD the compc.....uon and.lI pot$ible flCIOIS. Table B<!low, f:oe:'ors ,"", ""... "golf",,,,,, !'e3rWd', ~OfT<b"o",""h fao:ully compcn<a.lJOn "'mo"l1'/Ies( fao:,orl. \Oe ~

Tobl<l, F..,... '" .ilkon,h Cwnll,td 1'. c... Ma'''' Fa< All R ."1'.01'..._ \"nlHl,... ( ~: ~ S".lfk o (l·,.llodj 1'...... C...' .....II..

M~Dcp= III 0020 ·2'"Ins,,,,,,,,,,,,, \ ,<nor Rank Il'I 01" ·.21.l-l

PhO ,,'" 121 01/>9 21M

Fulll'r<>k'OOQr '" 0»" 127 00\3 .2815.....ooi". rrofo=>< 12, 0IX>1 3103

011,..,. I""mll Publl""K>II' 120 000, 3JlI

\' ..... Toaoh,n 124 0001 3JI1

T""T,..,.·OI.... ""b1ic..."... 121 ooסס 4).WT.\l1>ooO !'ubli"'rd % ooסס .l-lIS

T"P r... "-""I!'ubl"""""" I\~ ooסס bl ....

1·"J,.."e I/, ,Vw...hq I

_ .... c..."',...·.51"\

."""""'".lZ"J

".,n~

"".'"5'11

5...11k.... (!........>.....,..""'"..,..,............

,I!b

m

'"'"12~

'"on

i!'"

~...... \"rt....' .. l.)'C_~

!lo<hdot. a.-u,.\'...."'S-~

......... "'T.... ,.,.., farT_

\anoaI """ I........ "'''P\olto.ra.T..............

TO;- ~"_IS-

T.bI< 1: l>to<rt Ivo Stall.lIt> orJ.I> Off.", MI... .'lIn. .'IIUD \'odla" Slndlrd[H"a.ion

"""" In 4HlOO ,.."" 93.5IU~ 92,000 19.678

, ~ '", ~l.ooo 9.m 11 .... 9.111

R=hhl>d , , 70.000 l..l90U 2.000 1,4.llMer..... '"

, 24.000 4.0619S •.000 HI!

C_ """ '",

" 4,92 • ,...~ofA ~"'- ll~

," '" , '":-:.......". of"..,.,. ~"'- 122 ," '" • 2 IS

S."n on,.,... b.. Ibak:IllImICI<lI'''' , ........ 6 ".000 IM.ooo -~.6)l ".%J 11.461~...., Pmrc-,. n 4$.(100 123.000 91.481 92,000 1l.'705~"IC !'n>teuo. " 62.000 160.000 II1.3S7 104.000 32.923

""f.._ ... cbau , B2.500 164.000 124.l2S \lS.200 ll.m

that ""bool chara<tcrisue. such as summer support, roo"mg .upport, course load, teoure requirement., t}pe of degree'granted. and aUmiitation eo~lalC ,ignificantly to compe,,-,"llO"- In .ddiuo,,- prof.."" profile facto,.. ,,'hich irte1udede~" publications, rank. and leaching e,pericncc also oro comol.tod ,,,,,h O<)mpe,,-"'tion.

After inspe<:tmg the biv"";at. relationship of each ranor and the facully rompe"",uon. 0 function hst<:<! asEquation I was de,'eloped. Equation 1 includes the mulllv",,;Olo contribution of the.. factors toward. racultyeompoosation and i, used ro on,lyze the joint impacts of these f.c'o~ Tho<c v,riables were entered ,nto amult",ariale regression model following thc ,'ep-wi,e sequence, Furthermore, the model residual. were .nalY"ed toexamine the fitneSs of the mr>del.

• •Equation I: y. A, - I.J3s,Xs, +2./3pj.KPJ'

,.L 1_'

Where:y_ Faculty eomPO"'"1tOn (..lory offers)130 -Constanl or Y ioteruptfjs, _ Coefficients for <ehool ractors.1.:',. School factors{!PJ. Coefficients for professor focrors.1"p, - Profe"",r f.crors

While mOllY factors .re tested for entering the model. only factors willl S1gnifie.m (p <: ,05) impact> are",eluded. The Imear rogression modd that was eons,deml a best-fit m representing Equation I was found ,;a lea"<quare eSltmatlon, The ",sultmg multiple reg:ro.,lOn model IS d"played below as Equati"" 2

Equation 2: Y = 13, + fJs,Xs, + ps,JU, -+- ps,JU, -+- {Jp,Xp,,, f3P,Xp,

Wherc:.<"51 - Rural1ocauon.r>,. Number ofto,"l public...""" for ten\ITCX5,. Mid·west locationXp,. Top tier journal publicationsXp;· Doelon,1 degreeXp,. A""""i ... professor rank

From the regression results summarized in T.ble 9....... f,"'t see that <IX f.cto", >r. "b'Tlific'ant m expl,iningthe ".riation in faculty compo","tio1l, From school-relOled factors, , ",.,1 locatio" has a negati,'e ,mpact 0" thefacul1y ,omrem""ioo by about S9.858, !lowe'-cr, n is ,nteresting to note that mid·we.t «hool' p.y • S7,3 18 premmmfor lb." faculty. The ,easoo for this premlUlO could be that there are s,"-erallarge research schools in the mLd·west,Acco,dmgly, school. that ha,'e lOugher ,enure requirements in terms of publications pay htllher salarie,.

·r.bI09' R.,.,o"IO" r.""," E'pt.i"l"g V..t.... t. C.mp<"..'i"" r.c All R01pood••"Mod.1 Summ.n·I.)

R R S ""0 Ad u".d R S u... St..d..d [c,., of th. [";10'"930 S6~ _US 7_9~6

.J ~r<dio""", (Con",,"'). top ""'Journal pubs, doc1on.; dcp<>:, ",,.,1, number of tOl.1I pol:» roc ',,"Ur<, mio-v,"'t, a;sQ<iOl<

S"mofS u....R ,."i"n 19,792,7S9583R... idu.t 3.094.07'9.70.l

Tot.l 22.886,839,2860) IX'I"''''''''''' V"",>bloc ..I.lf}'

,""

A"OVAlbl\10" S ".r<J.2'J8,N3.'M

•

TObltl"~OI" ... ,,"R, "'Off,n~~, M "0',," '~M ,~

1"""'...... ..- ,,,i_ • ,"

,AI.I"••, ..,of....... " • " "AI_io.. ,,""..- "

, ,"Full 'of............ ,b.I, , ,

",

T",.I ",

" '"

TMAI ISJ..Ito.06".56l\

" Dq h. \..,obIe Mbr!'dJ Sokc"".~.....,. far ..h"'" ............ l""

T.blt II, Rti,..,I"" I"o"on h~.I.lol Varl.n« In Com"....!!... F.. ,\'«P,.... Off,,,\lod<l S.m.... 0

R R .."" Ad .".el. R, .ar,

R",i".. ,(B.. ,,,,(1..' (n("r"M;O! S .."(",, - fi,., Q ..art« 111117

NUL .... 1\aI'1'OV>-.d our 1'«... ",,!boot: offen lbaI~ ....cen..... bono,"" _1f\IlJOClS and profi:sson.The nural>er of oc:cq>ICd -.I rqcclCd olkrs by~ ill <bopbycd III Table 10. &<:bha& 'M oclle< oifcn. ,.., ""'"POP"_ f'<'&:l'O"S"'" fur 80Ccpced offen ..,. oabry as dIoe dcpcndcnt .--.... llilerClllac!y. dIoe M p",el. ofTen )'Odd_fficlftllS thai Itt """"",bat dIfferent &om Ibooc lOwId ........,.n offen.

911!>l &50 ,S)2

II : le_1- ..... tier JIl"ff>Il pIlbo. -..- ..........., boOkI. nnI1>1 ya ISdootnd)

Ilesides the three f",,1On &om .<1.001., the mna,nlng OlgfuF.:ant f.ctors art from profouol"I' prol,I",Professor" s.oholarly oUfpUl> play &1\ ,mportam role in dctorm""ng tho" oompetliatiOfl, Acco,d",! to tho regre..,onresult" oach published top too' jou,nal on,,,. 'ne"'.... the .utho,', annual eomptn,.tion by S7,888 pe' year,Although t)\I' may secm to be. rel.t...oIy small '""rement. the ""Cumulated SUm 0'" a prcf.SIQI'" tife-umc .areercln Dc: wbstantial. S"",dler"OO GoWr<:uor t1998) !Ia,'. apphcd thI. concept in the field of finance by "",-moung thetotal .... ~ot ,'.1"" of on 1JUC1. ,n "'""" ofprof~ oornp:nlOltlon. Professon ""lth.1I ranb are pr=t to ourdwo and "" found !hot tmk playa a ',iJ'lfic..... role '0 the dctemllnal1QO ofglary. For ",ample, the rank of aMOCta'"

prof<SaOl' )'IC1d> on inc....... '0 Alary Or 59.981. fmally, CanlUli" doclOnal dcpce comribu~ SIO.~ 10 000'1-

c...mn.." fe'l .....-_ S'OMu<limd

<- C..mn.." , .

• ~,- -C_.....~;;/jt

Hl'Ij..I ~4'lS ~

r rior~ - , . " a"" 7" ..., '" ~- -, n 1000 I 1.'loll> 2ft -lH HU 00'11....1 '1 ·9.S5~ 11 a~_~ .~ .J "42 ~,......."' ...... blle.-f__.... l.: Ul~92 .~U .m PH ~

" ....~_ SJ ".31"95 1..""'"7 '" j IS9 ~,- 9.'lii6 71 J."J71J.1 '" ltm ""'J Dc iGoian \ onobk iaIory

R~i""" y(Bu'nt'",lnf;'rmu';on SrSlrm, Fi'~t Quarter 1007 V"lume /l, Numb'" J

,- ~fI Scke';ni only"'''''' fOf ""hich ~'od - yc>

C.,.ffi,',"" '.S"ndardi....

Un-"a"da,dl,.d C.,.ffi<l.nlO c.,.m",n" , 51, Std, EfTOf ""'Con"a", 111.300,42 6.091.38 lUIS .000,. ,I" ournol ublka,l.n. , 5.%8.30 1.872.97 '" 3,187 ''''Cn" .... I~I) -1.596.73 1.032.96 ·.342 -10450 .000T."book, 2 7 7J2,94 2&84.34 ,346 1.6SI ,OilRunl .2 -0,008042 .'.636.35 - 173 -2.477 ,019

, ,Voriabk ".,1'

The re,.ll, of the slepwi~ revession, ,oown below 1JI Tablt 11, ha"e.n adjusled R sq."'" .'al.. of .832,Predictor "wbl•• w,th. posilive rda.OtIShip to salary md.delop-I;er jOllr1Ull public.tions and publ;,h.d t.xt Docks.Predictor ""nabl.. wi,h. neg".'" ",I ..ionshlp '0 sal"')' wc... Cour5C load ond bein~" ruml oompu•.

We ""sge't !h.t these findings ate largely consist.D! with what might ha,... be.n eJ<l'Oct.d. TolHier joum.1artieles ate worth rou~y 16.000. whil. lexl 000;;'; are wonh 57,733, B<>lh of th.se ..... '" pan, a function of Ih.leng!h of. profes"",', C"'eer and of thaI professor's succe.. \n lhc IWO nuoin ..., .. of our profession: "'seMch andIcachin~. Wben It oomeS '0 m.xini sucoes.iful deals in th. m.rJ:clpl.cc. evid.noly. !be,. lnn~iblc proofs of excellc"«in re.o;earen or p-edaio~ya", the primary meallS fur profe..."" to raise 'h.;r markel value.

Il ;s to be expecled that professors aceepl,ng olfers from the higher-preSllie research un",ers,,;e, wouldrete"'e higher salaries. Tills i' lefleeted In the neg.uve valu. of classe' taught per year, S.lanes are roughly 54,600lOwer rot every course taullhl. II i' notabl. tha' course load alone IS sufficlen' to Uldic.le the difl-'renee b",".-een,'.now; levels of Ut.,,,,,,;ly in lerms of r.search outpul and pre'tige, One conclus;on to be dr."" here ;, Ihat auni"erilly ",xlng to improve ItS pre'"ge and "'search quality may get its be" ,",suh, by re<!uoing the number ofcla.'s<:< taughl per faculry mcmber pcI' y.ar.

Subuman and urban <ompu"", m,king ,uccc,d,,1 olfe" p.y more Ihlm 59,000 more than the" runllcounte'l'arts (1·1bj, Thi, does 001 seem l<> be. pre";ie issue so much as, co" ofliv;ng one - ii",n the relata'e1l'k>w coslof hln~ Ul rural areas. prof•..."rs al Ihese ;n'utut;oos may enjoy a con,iderably htgher standard of hlOgthan their mole highly-paid urb.n and suburban counte"",ns. That rural ..bool, pay S9.000 , y.... less for 'heirfaculty members (as ",,11 as enjoying o!her po,enl;al fmand.l advamases) ;, less lixely to be of pracllcal "alue to

insutUllOns than !he course load issue, though we recoiJlize th.t lllS"tUllOns do occaSIonally relOC'le.

SU:\-IMARY, CO"ClUSIOi'iS, Ai'o'l) FUTURE Rt:S£ARCH

The .....arch took dala from a 'Uf\'cy onus pmfcs...,,, and built modcl, fOT prc.Ji<I;ng ,b. "'lane' olfcrtd '0MIS professor on In. marxel. and for pre<licting ,he salaries In offers th.t were 'ccepted ~bJor f'",on; whIchcontn'bute to a professor', potenl;.1 and 'ctual comp-ensalion were found. The models were tested and found 10 hegood pred,Clors wtth low re'iduals.

W,th Ihe AACSB promo"ng clearer p""",nn.l polic,." we should ",.rch for bener ways 10 quamify ormeos"", 01", productivilY of professors. TIllS model could be used to make recommend.lions 10 the adm;nlSlr.uon"ga.-dmg how 10 compensale MIS faculty. It also pro"des gUIdance to hllS facuhy regardmg c.reer managemenland bow 10 Iocr".'" sabry. Mo=,'or.;1 should au;;mcn' v.gue q"ali",,;w conccp" ....i'h a quanl;"'''''' model ,nsal.ry dClmmn.tion.od promotion.

\he :urthors ,,"....Id Ii~e l<> C"<pres> .hell appn:c ..''''''' 10 ProleoKlr 0..-.. Galiena of <he lll,..-..... '} ofPm>blorJ. ",thoul Ius elfurts th,. <IUd) """IJ IlOl ha", bcnI "",,'IbI<: \\ c al<o appm:mc <he helpful f«dbod;-. homihc """")m<>U'S "".....en IDIi Ihc ponlC<PON> of Ihc 2(ll).1 ,\nftu.oI Dn;""", So""""" c""r"""",c '" lio»>oD.

IIJ/u"'r II, YwnrlJq 1

In add"'oo...."C could "sk..,.., ~k>~= """"\ily Illd C(lftlpnI<3tJ<ln _wed~ 10~~~'S.laf)c~Ott".D"< ...-t>m £Kul,} pa) ral<CS do IlOII lnop psc"c ...,th "'" jol> mart., Ch ... I pcnod of ',me. I£Kuhy lBCrnbcr who is no' mob,k nil) "" ~,,,n,><,m,""""l"'flCllnlly under tn:Ir~" ply ratelo. F"..lI!. ~ ,ol<1"<5l,niq~ lU con>Jder IS ...""'her II", romp<n""tion ...00.,1. "h,ch " lNil, fur ~11 rank.> orp",f~,elIn ~10l) "" >pph.:d""llln .ock rank.

\. Alred. P l.. -' Robcn B. Scnlo. CI9'l-S11IK s-n. Rnt.PrloI~ >e<:a>d ........ Onca,... u..: PlIL2 \non)""",. (2OOlI1 Amr;,.,u·~ IIcsl~ Sctoool$ :!OOl>. l S .\.... _ 1I"<w1t1 k1'O'T.

" ....-" lL'«"<mn "'O""l" .... mil lri"'ll<;QIIi"p4r, bod:pbp.l~\brck 20. 2OClh1, .\...,.,.,"'" for b1fonnatlOll Sf""'"" t20()..: I \-lIS Facult} ocr......... C) ......-.. .11"'" "" I""",,",' \"'n:h ~. ~00I0,

~ A~l"" '" A.n"""" (,"1"1"'" School. of B..~ (20()..:) AACSB :'OOol-.'f()5 ~ar) ...."C) &.<:"1".l>~mrIUr). ,....,.., NN> <dU !OO3. 1'1'. I .... Dt:cctnbct 200-1

~ A""'lCWion to A<!>3nc. Coll'-"'il,arc- <;.chool" or Du""c>. (2003) A \cSFl !OOJ-~ Sal"') s...""J E,CUl'''CSummary, "" •.-,, AANb NU ~OO~, 1'\'. 1--6. Dct:cmb<f !OO.\

~ lkn:n. WJ. ond T.L. Z" nO)' 41 'l'1!) Th<: Oct.rT"'",n'j <lrF,""",. F'l<ul1) S.I",i",. 'lhc t9'l]·I<I<>! F\lA Sala,}Su" .j. f)<Jancl81 "",,"ee "!III Ed''''dl;"n, 1'\>, 19·2'1. S""ng!Sum",,,, 19'n,1)..-1.0"". CD,. flill R.C.. a"d ~.J. Wood 0,<79! t,n",,<c R,..,.,eh 1·,,~lu"'i,'ityon<! T"ftu""C";, 'Dr,. Jo"",al 81I-.',,,,,,,mi< EdGed""'!, I I(I), 1'1'. 20-15,

~ DeL"""" D.D.. Hill R,C. ond N.J. II"ood (1979> ,\..,1)'\" of. o......'i'",,,,. 'I.-thod> of Dctcm,,",,\¥ Foc"l"5.1..,.... 110. ;'mrnal oJ £,'0""'""'; Ed''':"Ii''''. IHI ~ pp. 20-25

9 Om"" A.R_ \-oJ""..h, J5.. Full",. !>[.A-. and ScM<'IM. (' llOO6l R=:rlI SUndorth f<>r f'romoo.'on and T""ure111 lni;'rm...ion S~>lc-m<..IIJS f}wrt,ril·. lOll ~ 1'1" \.\ L

10. DIamond .\_\1. 119M) 11,'1..... aCiw,,," ""mh?JoruMItl/H".,.._R~,21(l~ 1'1'. 200-215I I. fctt..T \L"'-. (1"-a/ ""'f<'Ullt>o. Pcform:m«:. .>rid 1lo<\I.>nb. I_mtn.ll 11.1,,-.. PI' /II.r.F~ l'l'~

I: FnJi....k \L'\:. I:'(l(IS)lMn L "'" B. 0 J:o= SupeIIy-' 0nNnd ofts F....~~. A lGqlrllduW ~rud).

C ''''_f>lIik.~ts.IS.pp.'7"'--6%

II L,IIcmoft.!>l LandJ. 0 Sruu.1I'l91,.~ "--',n \11S ........... .>rId Ilo<>U. IJISQr-ntn\, IS/a!.pp....- ...l~

I~ Gw.m:.. .\. , ..... and \1) G'->a (lQ'lfl "cr=l ('luoI..: ""'" Sae"'''r..~CMlC....Scif.<;,:-;m_ a-.J~.... 11.",; 1I~;~ pp :··3:

~ (iu,~T. (IOQ~l \".:'.....1R~ 1'mductJ,1t). II:IlpOfUnl BuI'\:~Conl.dcnl""",D,;d.- Lia<.;"/C J}. 1'1'. I ~.::':'.

I~ lI..-dJra'•• B, C, ilnd Ioi.. A "" .oJ......... I19'171 1Mil'" fot \\1<; So:hobt>. ('OIr1IDImicauon< 0("'" ,\( .\L .l{l(11 Lpp11'l-I:a

Que"",... rda,ell ,~ foculi) cnmpcn>:lllOn or. ;n-ponun', n", an,,,,,,,, will r,n",de ,,,Iuable ;n"lh•• 10.dm,n"lnno" for ,km re"rurtc olloca,;on 11"''''')1\'' FunhcmlOf\O. focul\)-' """uld undcll,oncl,h.", '·alue "" ,hey con"",.o"oIC ~ reali.«;" compcn...,;on p.cknl'c. Ro'io".] ond emClen, (oculi) compctlSallOn c.n be an "'Jll<',,,m "n.blefor all""'ti"l qualified mil;, id""l. '0 .eodemJc prof.s>"",,,

E, ... 1IlouWt <Ius~ pro<>'&< .. IDllDl """'SllptJOll.. fiIr\hI;r , ........ t!, ...""ld e,tno;Illlo< anal}.... and add10 ,he Iueni""" ThIs __ ....Ie"ls. l.lSl lOf QI>O'lIOaI'M ~ould.'"~ b). l\auan: =h FIfSt. <k!a. da<,~lw ofpIbl,Wns drop lOff., • cc:Nm 'l>ee of ~ proln>«.• career or~ • ectUul qu>rlll'! clpllbbcalJcD;' I,lIlhcr "'Ofds. m: l!Icn: d"n".,>lnftl mwn< 10 p..bhshmt' II ...wld be IIll<=>l1nIIO knc>.. If publ""..... =,...,_l~ .. OIIf:'s CDr=< hoi,. " rp"Wn dfoet oa .......,.;J~ Ibm poblicaliom '" IalCl' ).......

..".

22.

"2~.

21.

28.

3l.

,

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