New Tactic on Salary and Benefits

by E Wayne Ross on October 17, 2007

Inside Higher Ed: New Tactic on Salary and Benefits

The two most expensive and arguably most important items in many a college faculty union’s contract are salaries and benefits. The former are typically expressed in the form of some percentage increase. The latter are spelled out in terms of what will be covered. So a contract might include a 5 percent raise pool and a co-payment increase on prescription drugs — or some other combination.