Mike’s also right that they’d do it for less than they’ve convinced everyone else they need. And if not, well, we’re in the middle of an economic downturn and people everywhere are looking to move. Let ’em go and hire someone else who’ll work for less. After all, this has been the hiring and management strategy over in the humanities wing of the university for decades.]]>
I have always thought the “market forces drives pay” argument very shallow. These profs (good people, no doubt) like to have this gig, especially now. They have stability, standing, plus they get to consult over the summer and during the year for big money, largely trading on their status as “professor of business” at our center for entrepreneurial studies (yup, we got that here). Sure, they *could* make better money “out there.” So why don’t they?
Answer: they like the work. I bet they’d take less to do it than we think…]]>
I cannot figure out how this is defensible at a public university.
(Though a friend contacted me privately and pointed out that at Central ass’t professors in some business and engineering disciplines start above her full-professor salary.)]]>