ASA’s Annual NEA Higher Education Faculty Salary Analysis Released
I
n this 2024 NEA Special Salary issue, we take a post-pandemic look at faculty salaries in 2023. What we find, looking at federal data, is that despite relatively large salary increases in 2023, U.S. faculty’s purchasing power keeps falling. Purchasing power reflects the value of workers’ salaries considering inflation, or their ability to buy food, pay for medical bills, and keep a roof over their heads.
This year’s analysis also shows that the pay gap between women and men has persisted, that HBCU faculty are still underpaid compared to their colleagues, and that the most powerful thing that faculty and staff can do to win the pay they deserve is unionize and collectively bargain for it.
