With the dollar’s declining value taken into account, new data shows that real wages grew by half a percent. But pay remains well below pre-pandemic levels, and full-time women and part-timers continue to receive less than others. The survey shows that full-time faculty members’ average salary among the participating institutions has increased to $112,000. (With some exceptions, it includes data for nonmedical instructional faculty members.) In inflation-adjusted dollars, however, that’s still far below the $120,000 average in fall 2019, before the pandemic hit. And all categories of full-time faculty members, save for full professors (who now average over $155,000), make less than the average, so it’s not a good representation of faculty pay overall.
