Study of global faculty salaries finds Canada offers the best pay

March 22, 2012

A new analysis of faculty salaries at public universities around the world observes that Canada offers the best faculty pay among 28 nations evaluated, ranking first for entry, average, and top salaries. Instead of comparing pure salaries, researchers used the "purchasing power parity index," in which salaries reflect what it takes to buy similar goods and services in different countries. This allows nations with relatively low salaries (in pure finances) but also with low costs of living to be competitive with others where there is a much higher base pay. That's why it's possible for nations like South Africa and India (which rank third and fourth, respectively) to appear above the US (which places fifth). Because the US figures are based on full-time positions and exclude most adjuncts, the US comparative position may be lower than is listed. Inside Higher Ed