The USM in 2010:
Responding
to the Challenges that Lie Ahead
Faculty Recruitment and Retention
To achieve eminence, the USM must recruit and retain the highest-quality,
diverse faculty. Improved compensation and benefits are key to this effort.
High quality faculty are key to the attainment of excellence at USM
institutions. Academic program quality and ranking, appropriate
"start-up" packages, and clear and equitable promotion and tenure
systems are among the variables that determine whether faculty will seek
employment at specific institutions. Compensation is another important faculty
recruitment factor. Given the significance of this variable, Board of Regents
policy directs the USM to "seek increases in funding to attain and to
maintain a faculty salary structure for each of its constituent institutions
which is merit-based and in which the average faculty salary is at or above the
85th percentile of that institution's classification group."
Benefits are also central to effective recruitment. While the USM offers
competitive health and other benefits, there is a gap between the optional
retirement benefits it offers and those offered by public institutions in nearby
states; this gap is a function both of employer and employee contribution
levels. The employers' contributions to optional retirement plans range from
11% in Delaware (with a 4% employee contribution), 10.4% in Virginia (with a 0%
employee contribution), 9.29% in Pennsylvania (with a 5% employee contribution),
8% in New Jersey (with a 0% employee contribution) to 6% in West Virginia (with
an 8% employee contribution). In Maryland, the employer contribution is 7.25%,
with no employee contribution.
In addition, existing State Retirement System regulations exclude
compensation for summer school and summer-research grants from the
"earnable compensation" on which retirement benefits are calculated.
These regulations place the USM at a competitive disadvantage, especially in
disciplines characterized by substantial funding for summer projects.
Of course, recruiting faculty members is only the initial step. Retaining
them is an ongoing challenge. Factors shown to increase retention include
competitive compensation, clearly communicated expectations, appropriate reward
and recognition systems, participation in shared governance, and the
availability of professional development opportunities.
USM Response
USM institutions will:
- Address strategies for achievement of the 85th percentile for
mean faculty salaries at all ranks.
- Provide incentives to develop and implement hiring practices and
procedures that lead to enhanced faculty diversity.
- Provide ongoing development programs for department chairs that focus on
faculty recruitment and retention strategies and skills.
- Support the inclusion of summer salary and temporary payments for special
projects as "earnable compensation" upon which optional-retirement
program benefits are based.
- Support optional-retirement legislation that increases employer and
employee contributions.
- Implement "success" programs that include institutional
orientation programs, clear information about roles and rewards,
professional development opportunities for all faculty, and structured
assistance with promotion and tenure processes for tenurable faculty.
- Increase the number of endowed chairs to recruit distinguished faculty,
and use current endowed chairs to reward distinguished faculty already at
the institutions.
<<Previous
Table of
Contents Next>>