SALARIES AND ADDITIONAL BENEFITS FOR A PROFESSOR
September 3rd, 2011
Salary of the professor varies based on the name of the institute he is working in, upon his experience and his qualifications. The annual salary for university professors was about $80,100 in the year 2009-2010, according to the ASSUP.
The average U.S salary for a full time college professor is $50,000. However there is wide gap between the professor’s salaries depending upon the region, their grade and so on. The professors working in universities providing the P.H.D usually gets the high salary, nearby $90,100 annually. A professor whose highest degree is master’s degree and bachelor’s degree gets salary about $70,000 to $87,100 in a year. The associate professor earns annual salary about $68, 655, for assistant professor it is $58,520 and for instructor it is $47,565. The annual salary of professor for a community college is about $55,000. However; in this profession also inequality between the genders exists. Male professor’s average salary is $89,000 annually and the lady professor earns $85,000 but now it does not happens at all. Both male and female receive equal amount of salary depending upon their rank, experience and on various factors.
The highest ranked law professor’s salary is about $134,100. However; business professor’s salary is about $109,000; also the English professor earns $79,000 per year.
Most professors are paid by college or university on nine or ten month’s contract. Salary data for professor is typically reported as nine months salary not including compensation during the summer time. The overall median seven months salary for all professors was $73,000. In 2009-2010, majority of the professors had a salary of $65, 700, which was calculated by the AAUP.
Salary in community college is lower than in four year school. However, professors in two year colleges can concentrate on teaching instant of research.
BENEFITS
A professor can earn extra income as
- Consultant
- Expert witness
The additional benefits for professor are benefits of
- Housing facilities
- travel allowance
- paid sabbaticals
- Tuition waivers.
- Gratuity
- Study leave to peruse higher education