Nearly 550 faculty members at the University of Wisconsin-Madison are set to receive pay raises this month as part of efforts to attract and retain faculty in high-demand fields of study.
State lawmakers provided $27 million annually and created an annual appropriation to the UW system in the current state budget for the compensation. Over 2,300 faculty members across the state’s 13 public universities are receiving raises through the funding, said Mark Pitsch, a UW system spokesperson.