A recent article from The Associated Press cited concerns of University of Wisconsin faculty and administration alike over the state’s pay plan for UW faculty and academic staff. The plan results in a pay reduction when viewed in “real dollars.”
This has raised concerns among many people in the UW community about UW’s ability to stay competitive with peer institutions. It’s no secret that the UW System is facing a crisis in faculty retention. UW-Madison, for example, has a 57 percent success rate in retaining faculty who had received an outside offer, a significant drop from the previous six-year average of 75 percent retained.