NEWS
A slowing economy might be to blame for lower faculty salary increases, some believe.An annual survey of college faculty salaries has found that average wages in 2000-01 increased by 3.5 percent - only one-tenth of a percent more than the national rate of inflation.And the survey, released by the American Association of University Professors, showed the economic downturn may be responsible for the slowdown and the reason for tougher competition for the best faculty throughout the country.An important message to be derived from any report like this is that all of the public universities in Michigan are competing for faculty in a national marketplace, said Glenn Stevens, executive director of the Presidents Council, State Universities of Michigan, adding that retention rates have been strong on Michigan campuses - but the economy could bring that obstacle soon.One challenge is attracting the best faculty you can find, and the other side of that that same coin is the question of retaining faculty that have been on a campus for a period of time.Ernst Benjamin, director of research for the American Association of University Professors, said Michigan public universities have benefited from strong state support overall.