Salary Proposal Fall 2015 Marian University Faculty Senate

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Salary Proposal Fall 2015 Marian University Faculty Senate

Salary Proposal Fall 2015 Marian University Faculty Senate

Peer Group Comparison Data (Gross Salary in Thousands)) Rank 1 2 3 4 5

Peer Group Comparison Data (Gross Salary in Thousands)) Rank 1 2 3 4 5 6 7 8 9 10 11 12 School John Carroll U North Central College Aurora U Saint Xavier U Dominican U Franciscan U-Steubenville College of Mount St. Joseph Marian U Malone U Marygrove College Siena Heights U Spring Arbor U Median = 63. 4 Salary Average 77. 2 76. 5 70. 2 69. 7 69. 0 67. 1 59. 7 58. 7 57. 0 56. 9 51. 4 50. 9

Peer Group Comparison Data (Total Compensation - Salary and Benefits) Rank School Compensation Avg.

Peer Group Comparison Data (Total Compensation - Salary and Benefits) Rank School Compensation Avg. 1 2 3 4 5 6 7 8 9 10 11 12 John Carroll U North Central College Franciscan U-Steubenville Dominican U Aurora U Saint Xavier U Malone U College of Mount St. Joseph Marian U Spring Arbor U Siena Heights U Marygrove College Median = 86. 35 103. 6 99. 0 97. 9 90. 9 86. 6 84. 7 80. 8 75. 7 75. 6 72. 4 70. 3 68. 1

Peer Group Comparison Data (Total Compensation As a Percent of Salary) Rank 1 2

Peer Group Comparison Data (Total Compensation As a Percent of Salary) Rank 1 2 3 4 5 6 7 8 9 10 11 12 School Percent of Salary Franciscan U-Steubenville Spring Arbor U Malone U Siena Heights U John Carroll U Dominican U North Central College Marian U College of Mount St. Joseph Aurora U Saint Xavier U Marygrove College Median = 30. 55% 45. 0% 42. 4% 41. 7% 36. 9% 34. 3% 31. 8% 29. 3% 28. 9% 26. 9% 23. 3% 21. 6% 19. 8%

Implications Marian is below the median for our peer group in all categories A

Implications Marian is below the median for our peer group in all categories A zero percent raise and 4. 5% reduction in retirement contributions, erodes our relative standing even further

Proposal We find the following proposal to be both reasonable and conservative Salary increase

Proposal We find the following proposal to be both reasonable and conservative Salary increase of 2. 0% for all faculty Restoration of part of the retirement contribution from 0. 5% to 2. 0%, with a plan to get back to a 5% contribution level Maintain all other benefits at current levels (no reductions)