Wednesday, November 10, 2010

What Am I Worth?

Salary reports for jobs like yours can be found at

Curious about the answer without looking it up?

Here's what I came up with:

Assistant Professor of Philosophy: average = $57,500; starting salary = $43,700
(This ignores the fact that you really probably started with a stipend for TA'ing and took a lateral move to $3000/course as an adjunct before spending at least a couple of years in a postdoc or visiting position.)

Associate Professor of Philosophy: average = just shy of $60,000; starting salary of $42,000
(Hmmm...that assistant professor starting salary of 43K looks good in comparison. Doesn't much look like tenure is promising immediate fiscal benefits, does it?)

Full Professor of Philosophy: average = $105,500
(The range is from $71,000 to $152,500. Start totting up those merit increases early in a career because percentages will eventually accumulate. Your university still gives raises in these tight times, right?)

Assistant Professor of Economics: average - $73,616; range of $52K to $124K
(Ah...but those poor souls don't get to spend their days talking about trolleys rolling over babies, barn facsimiles, and brains in vats. What is a lifetime of that worth to you?)

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