Develop a fair procedure that will be used to determine merit raises and then decide the dollar raise to be given to each professor. provide not only the dollar amount of the raises, but also explain the process for determining raises and the rationale behind them. Situation Small State University is located in the eastern part of the United States and has an enrollment of about 8,000 students. The College of Business has 40 full-time and more than 30 part-time faculty members. The college is divided into five departments: Management, Marketing, Finance and Accounting, Decision Sciences, and Information Technology. Faculty members in the Management Department are evaluated each year based on three primary criteria: 1) teaching, 2) research, and 3) service. Teaching performance is based on student course evaluations over a two-year period. Service to the university, college, profession, and community is also based on accomplishments over a two-year period. Research is based on the number of journal articles published over a three-year period. Teaching and research are considered more important than service to the university. In judging faculty performance, the department chair evaluates each professor in terms of four standards: Far Exceeds Standards, Exceeds Standards, Meets Standards, and Fails to Meet Standards. The results of this year’s evaluations are shown in Exhibit 4.3. Exhibit 4.3. Department Chairs’ Rating of Job Performance Professor Current Salary Teaching Research Service Houseman $92,000 Exceeds Exceeds Meets Jones $116,000 Exceeds Far Exceeds Exceeds Ricks $135,000 Meets Meets Far Exceeds Matthews $97,000 New Hire New Hire New Hire Karas $100,000 Far Exceeds Exceeds Meets Franks $90,000 Meets Fails to Meet Exceeds Due to financial problems and cutbacks this year, Small State University has agreed to give raises totaling just $6,300 to the Management Department. Your task as department chair is to divide the $6,300 among the faculty members. Keep in mind that these raises will likely set a precedent for the future and that the professors will view the raises as a signal for what behavior and achievements are valued. Professor Houseman: 55 years old; 25 years with the university; teaches Principles of Management sections; teaches over 400 students per year; has written over 40 articles and given over 30 presentations since joining the college; wants a good raise to catch up with others.
Develop a fair procedure that will be used to determine merit raises and then decide the dollar raise to be given to each professor. provide not only the dollar amount of the raises, but also explain the process for
determining raises and the rationale behind them.
Situation
Small State University is located in the eastern part of the United States and has an
enrollment of about 8,000 students. The College of Business has 40 full-time and more
than 30 part-time faculty members. The college is divided into five departments:
Management, Marketing, Finance and Accounting, Decision Sciences, and Information
Technology. Faculty members in the Management Department are evaluated each year
based on three primary criteria: 1) teaching, 2) research, and 3) service. Teaching
performance is based on student course evaluations over a two-year period. Service to
the university, college, profession, and community is also based on accomplishments
over a two-year period. Research is based on the number of journal articles published
over a three-year period. Teaching and research are considered more important than
service to the university. In judging faculty performance, the department chair evaluates
each professor in terms of four standards: Far Exceeds Standards, Exceeds Standards,
Meets Standards, and Fails to Meet Standards. The results of this year’s evaluations
are shown in Exhibit 4.3.
Exhibit
4.3.
Department Chairs’ Rating of Job Performance
Professor Current Salary Teaching Research Service
Houseman $92,000 Exceeds Exceeds Meets
Jones $116,000 Exceeds Far Exceeds Exceeds
Ricks $135,000 Meets Meets Far Exceeds
Matthews $97,000 New Hire New Hire New Hire
Karas $100,000 Far Exceeds Exceeds Meets
Franks $90,000 Meets Fails to Meet Exceeds
Due to financial problems and cutbacks this year, Small State University has agreed to
give raises totaling just $6,300 to the Management Department. Your task as
department chair is to divide the $6,300 among the faculty members. Keep in mind that
these raises will likely set a precedent for the future and that the professors will view the
raises as a signal for what behavior and achievements are valued.
Professor Houseman: 55 years old; 25 years with the university; teaches Principles of
Management sections; teaches over 400 students per year; has written over 40 articles
and given over 30 presentations since joining the college; wants a good raise to catch
up with others.
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