Issue link: http://www.e-digitaleditions.com/i/61383
slightly from 2002 figures, in which schools reported hiring an average 4.7 new faculty. In addition, the overall hiring rate in 2003-2004 went down slightly from the previous year, when new hiresmade up 9.3 percent of full- time faculty. In 2003, that figure dropped to 8.1 percent. The numbers probably reflect a guarded approach to faculty hiring, where budget uncer- tainties have led to hiring freezes even ates was robust. According to survey participants, the average number of new doctorates hired in 2003 was 1.3 per school, up from 1.1 in 2002. In fact, schools continued to hire new faculty at all ranks at a healthy rate. For the fall of 2003, responding schools reported 2,112 new hires. Almost 60 per- cent were experienced—that is, nei- ther new doctorates nor candidates for doctorates known as "all but dis- sertation" (ABDs). On average, each school hired 4.1 new facultymembers for the fall of 2003. However, these averages dropped Whatever the institution, the recruitment of new doctor- Professor when there are open positions to be filled. Nonetheless, these figures indicate a much more active market than in 1996, when schools hired an average of 2.8 new hires and consid- ered 5.6 percent of their faculty to be new. Despite the overall drop in numbers, hiring continued briskly in some fields during 2003,most notablymanagement, accounting, and marketing.Most of those fig- Salaries by Type of School* Accredited accredited Public $112.1 Non- Associate Professor $88.8 Assistant Professor Instructor New Doctorate ABD $87.5 $51.5 $92.5 $80.7 *Figures are in thousands of dollars. Professor Professor $89.7 $87.4 $72.9 $97.3 $84.8 Assistant New $89.4 $85.5 $68.5 $101.1 $81.6 $86.6 $87.9 $84.8 $86.2 $84.7 $88.5 $76.0 $84.4 Instructor Doctorate $51.8 $50.0 $48.2 $55.7 $52.5 New $100.7 $91.2 $69.5 $104.4 $87.8 $50.0 $54.7 $47.8 $51.0 $91.9 $90.8 $78.7 $89.7 ➔ ➔ ➔ ➔ ➔ ➔ ➔ ➔ Other New Hires Across Disciplines Percent 2001 18.2% 11.1% 9.1% 15.8% 15.2% 13.7% 4.3% 2.8% 9.8% 14.7% 16.7% 8.0% 14.6% 17.2% 13.3% 2.4% 2.7% 9.4% $78.8 $68.9 $63.2 $46.5 $67.1 $62.4 $102.2 $83.1 $81.5 $49.1 $87.1 $74.9 Private $125.1 $91.9 $90.2 $58.3 $95.2 $84.8 Percent 2002 Percent 2003 15.3% 13.2% 9.9% 15.1% 17.9% 13.4% 3.1% 2.6% 9.6% BizEd MARCH/APRIL 2004 59