Recession has meant significant pay cuts for US faculty members and researchers.
Nearly a third of faculty members at US universities had salary reductions in 2009–10, according to a national survey of 822 institutions and almost 220,000 faculty members and researchers. For those who received pay cuts, the median cut was 3%. About 21% of faculty employees received no pay rise. Results of the survey, conducted by the College and University Professional Association for Human Resources in Knoxville, Tennessee, were released on 8 March. The poll found that the average salary for a professor in biological and biomedical sciences was US$91,184, and $88,147 for a professor in physical sciences.
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Academics take salary hit. Nature 464, 451 (2010). https://doi.org/10.1038/nj7287-451d
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DOI: https://doi.org/10.1038/nj7287-451d