Publisher's Synopsis
In the last few years, higher education institutions have begun to transform their operations from an academic to a business model, justifying their existence much in the same way private businesses do –in terms of profit. Faculty compensation systems are an important tool academic administrators can use to control cost, ensure top quality faculty performance, and increase institutional quality as a whole. This book addresses the link between particular faculty compensation systems and their impact on an institution′s missions and goals, discusses the factors that influence a faculty member′s compensation, and more.
