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4:40pm:True, these salaries are high by the stadnard you mention. Some are, however, below "market value" for the degree we hold, in terms of what would be earned outside of academia for working less hours. (In my case, I make less than half of what I was offered in an "industry" position.) The benefits that outweigh this, obviously, are (a) getting to do what I love (both research and teaching) and (b) the possibility of tenure. I think one of the reasons for FSP's original post on faculty salary (though I wouldn't want to get her in trouble here!) is the assumption by, say, undergraduates or even grad students that faculty must be completely financially breezing through life after earning such an advanced degree is not always correct. In fact, the salaries that some of us earn are actually more in line with some high school teachers I know (at least, until promotion, and even then, I am not going to see much of a difference between my salary and the salary of my high-school-teaching compatriots. Also, tenure can be part of the life of a high school teacher as well. So, the difference in monetary compensation and benefits, while better for the college professor, are not always as great as people may imagine as a grad student.)
by Shirley 06:40:47 AM 2013.10.24 |
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