Universities of Wisconsin faculty in high-demand fields of study could get salary bumps under a new policy that’s part of the recent state budget deal.
Last week, the UW Board of Regents approved a proposal detailing how the UW system will dole out $27 million annually for market pay adjustments to attract and keep faculty in growing fields, fulfilling a legislative reform set in the budget agreement. Of that, $2 million is earmarked for UW-Madison to use for faculty who work in “areas that advance diversity of thought and the foundation of free markets.”