Faculty Compensation in actual & current (2014)* dollars:
A record of average St. Olaf faculty compensation by rank and total, taken from reports submitted to the AAUP during the period 1964-65 – 2014-15. The tables below give the actual averages (on the left) and the corresponding averages in today’s dollars (on the right). See also a graph of the averages in current (year 2014) dollars.
<- – – – – – – – – – Actual Dollars – – – – – – – – – -> | <- – – – – – – – – – Current Dollars- – – – – – – – – -> | ||||||||||
Professors | Associates | Assistants | Instructors | Total | Professor | Associate | Assistant | Instructor | Total | ||
64-65 | $12,974 | $10,365 | $8,365 | $6,673 | $9,583 | 64-65 | $99,063 | $79,142 | $63,871 | $50,952 | $73,174 |
65-66 | $15,123 | $10,967 | $9,020 | $7,195 | $10,519 | 65-66 | $113,639 | $82,409 | $67,779 | $54,065 | $79,043 |
66-67 | $15,983 | $11,718 | $9,625 | $7,591 | $11,150 | 66-67 | $116,765 | $85,607 | $70,316 | $55,456 | $81,457 |
67-68 | $16,800 | $12,390 | $10,040 | $8,126 | $11,765 | 67-68 | $119,059 | $87,806 | $71,152 | $57,588 | $83,377 |
68-69 | $17,582 | $13,326 | $10,935 | $8,819 | $12,569 | 68-69 | $119,588 | $90,640 | $74,377 | $59,984 | $85,491 |
69-70 | $18,671 | $14,147 | $11,575 | $9,182 | $13,384 | 69-70 | $120,420 | $91,242 | $74,654 | $59,220 | $86,321 |
70-71 | $19,918 | $15,277 | $12,395 | $9,866 | $14,348 | 70-71 | $121,510 | $93,198 | $75,616 | $60,188 | $87,529 |
71-72 | $20,785 | $16,068 | $12,628 | $10,468 | $15,056 | 71-72 | $121,477 | $93,909 | $73,804 | $61,180 | $87,995 |
72-73 | $21,785 | $17,096 | $13,042 | $10,735 | $15,831 | 72-73 | $123,361 | $96,809 | $73,853 | $60,789 | $89,646 |
73-74 | $22,846 | $17,727 | $13,407 | $11,011 | $16,336 | 73-74 | $121,794 | $94,504 | $71,474 | $58,701 | $87,089 |
74-75 | $23,824 | $18,577 | $14,105 | $11,480 | $16,995 | 74-75 | $114,384 | $89,192 | $67,721 | $55,118 | $81,597 |
75-76 | $25,511 | $19,960 | $15,387 | $12,438 | $18,404 | 75-76 | $112,239 | $87,817 | $67,697 | $54,723 | $80,971 |
76-77 | $26,809 | $21,119 | $16,425 | $13,546 | $19,801 | 76-77 | $111,524 | $87,854 | $68,327 | $56,350 | $82,371 |
77-78 | $28,354 | $22,158 | $17,215 | $14,568 | $20,973 | 77-78 | $110,749 | $86,548 | $67,241 | $56,902 | $81,919 |
78-79 | $30,081 | $23,113 | $17,990 | $15,226 | $22,110 | 78-79 | $109,205 | $83,909 | $65,310 | $55,276 | $80,267 |
79-80 | $32,308 | $25,031 | $19,158 | $16,317 | $23,758 | 79-80 | $105,335 | $81,609 | $62,461 | $53,199 | $77,459 |
80-81 | $35,167 | $27,750 | $20,651 | $18,117 | $26,262 | 80-81 | $101,020 | $79,714 | $59,322 | $52,042 | $75,440 |
81-82 | $38,907 | $30,379 | $22,407 | $19,513 | $28,634 | 81-82 | $101,312 | $79,106 | $58,347 | $50,811 | $74,562 |
82-83 | $42,147 | $32,731 | $23,710 | $20,758 | $30,734 | 82-83 | $103,380 | $80,284 | $58,157 | $50,916 | $75,386 |
83-84 | $44,553 | $34,586 | $26,011 | $22,964 | $33,297 | 83-84 | $105,880 | $82,194 | $61,815 | $54,574 | $79,131 |
84-85 | $46,537 | $36,001 | $27,651 | $24,366 | $35,272 | 84-85 | $106,018 | $82,016 | $62,993 | $55,509 | $80,355 |
85-86 | $48,303 | $37,409 | $28,624 | $25,198 | $36,805 | 85-86 | $106,258 | $82,293 | $62,967 | $55,431 | $80,964 |
86-87 | $50,068 | $38,817 | $29,597 | $26,030 | $37,101 | 86-87 | $108,130 | $83,832 | $63,920 | $56,216 | $80,126 |
87-88 | $53,493 | $41,307 | $31,563 | $28,437 | $40,002 | 87-88 | $111,459 | $86,068 | $65,766 | $59,252 | $83,349 |
88-89 | $57,277 | $42,909 | $33,525 | $31,695 | $42,480 | 88-89 | $114,603 | $85,853 | $67,079 | $63,417 | $84,995 |
89-90 | $59,789 | $45,600 | $37,371 | $32,346 | $46,300 | 89-90 | $114,129 | $87,045 | $71,337 | $61,745 | $88,381 |
90-91 | $61,900 | $47,900 | $39,800 | $33,200 | $49,000 | 90-91 | $112,102 | $86,748 | $72,079 | $60,126 | $88,740 |
91-92 | $64,400 | $49,900 | $41,300 | $34,400 | $51,100 | 91-92 | $111,920 | $86,720 | $71,775 | $59,783 | $88,806 |
92-93 | $66,420 | $50,394 | $41,946 | $34,703 | $53,102 | 92-93 | $112,056 | $85,019 | $70,767 | $58,548 | $89,587 |
93-94 | $67,320 | $50,920 | $43,033 | $36,270 | $54,312 | 93-94 | $110,274 | $83,410 | $70,490 | $59,412 | $88,967 |
94-95 | $70,400 | $53,400 | $44,300 | $38,300 | $56,700 | 94-95 | $112,440 | $85,289 | $70,754 | $61,171 | $90,559 |
95-96 | $69,200 | $53,900 | $45,000 | $42,000 | $56,800 | 95-96 | $107,478 | $83,715 | $69,892 | $65,232 | $88,219 |
96-97 | $68,572 | $54,236 | $44,256 | $41,618 | $54,890 | 96-97 | $103,448 | $81,820 | $66,765 | $62,785 | $82,807 |
97-98 | $70,045 | $56,788 | $45,728 | $44,766 | $56,874 | 97-98 | $103,300 | $83,749 | $67,438 | $66,020 | $83,875 |
98-99 | $72,451 | $59,457 | $47,926 | $46,212 | $59,661 | 98-99 | $105,209 | $86,340 | $69,595 | $67,106 | $86,636 |
99-00 | $76,198 | $62,895 | $49,421 | $48,713 | $63,027 | 99-00 | $108,260 | $89,359 | $70,216 | $69,210 | $89,547 |
00-01 | $79,842 | $65,631 | $52,416 | $50,283 | $65,606 | 00-01 | $109,748 | $90,214 | $72,049 | $69,118 | $90,179 |
01-02 | $85,830 | $68,790 | $54,458 | $50,071 | $70,101 | 01-02 | $114,779 | $91,992 | $72,826 | $66,959 | $93,745 |
02-03 | $87,657 | $71,936 | $56,692 | $54,045 | $72,915 | 02-03 | $115,333 | $94,648 | $74,591 | $71,109 | $95,937 |
03-04 | $91,726 | $73,007 | $57,831 | $53,651 | $73,740 | 03-04 | $117,998 | $93,917 | $74,395 | $69,017 | $94,860 |
04-05 | $95,099 | $77,154 | $59,084 | $56,655 | $76,758 | 04-05 | $119,163 | $96,677 | $74,035 | $70,991 | $96,181 |
05-06 | $100,131 | $81,288 | $64,270 | $61,855 | $80,783 | 05-06 | $121,357 | $98,520 | $77,894 | $74,967 | $97,908 |
06-07 | $106,023 | $86,194 | $68,457 | $64,599 | $85,972 | 06-07 | $124,482 | $101,201 | $80,376 | $75,846 | $100,940 |
07-08 | $112,611 | $91,765 | $71,320 | $69,856 | $90,763 | 07-08 | $128,582 | $104,779 | $81,435 | $79,763 | $103,635 |
08-09 | $118,912 | $91,905 | $74,995 | $67,229 | $94,880 | 08-09 | $130,792 | $101,087 | $82,488 | $73,946 | $104,359 |
09-10 | $119,489 | $92,213 | $75,260 | $71,018 | $95,680 | 09-10 | $131,856 | $101,757 | $83,049 | $78,368 | $105,583 |
10-11 | $122,600 | $94,639 | $75,760 | $74,638 | $97,605 | 10-11 | $133,056 | $102,710 | $82,221 | $81,003 | $105,929 |
11-12 | $122,963 | $97,743 | $75,446 | $78,918 | $99,091 | 11-12 | $129,415 | $102,871 | $79,404 | $83,059 | $104,290 |
12-13 | $127,247 | $99,076 | $77,490 | $77,642 | $100,451 | 12-13 | $131,182 | $102,140 | $79,886 | $80,043 | $103,557 |
13-14 | $128,177 | $102,058 | $80,823 | $84,952 | $103,035 | 13-14 | $130,212 | $103,679 | $82,106 | $86,301 | $104,671 |
14-15 | $129,223 | $101,412 | $81,577 | $81,589 | $102,451 | 14-15 | $129,223 | $101,412 | $81,577 | $81,589 | $102,451 |
Professors | Associates | Assistants | Instructors | Total | Professor | Associate | Assistant | Instructor | Total | ||
<- – – – – – – – – – Actual Dollars – – – – – – – – – -> | <- – – – – – – – – – Current Dollars- – – – – – – – – -> |
* using Consumer Price Index, Federal Reserve Bank of Minneapolis. (as of 2/26/15)
**due to unusual tuition benefit distribution, Instructor compensation is greater than Assistant Professor in 2011-12