Kansas State University faculty members can expect a bump in pay around the first of the year.
University officials announced Thursday that they will implement a permanent 2.5 percent salary increase for faculty and unclassified staff in the middle of the current school year.
Bruce Shubert, the university’s vice president for finance, said the decision will cost about $5 million annually once it is fully implemented. But KSU officials believe the step will be worth it.
“We realize many people have been without salary increases for a considerable time,” said KSU President Kirk Schulz in making the announcement. He said the action “represents a start toward getting our salaries up to where they should be to meet our K-State 2025 goals.”
“One of the outcomes we intend to reach in the first five years of the K-State 2025 plan is to achieve faculty and staff compensations competitive with our peer universities,” said April Mason, provost and senior vice president.
Shubert said the salary increase for faculty and unclassified staff is the first overall raise since July 2008.
Officials noted that salaries of classified employees are not controlled by the university, so those salaries will not increase.
Shubert said the decision to raise salaries reflected two successive years of strong enrollment, with the additional revenues that enrollment brings.
“We’ve had very good enrollment last year, and you’re always a little cautious trying to project that forward,” Shubert said. He said officials decided to wait until they felt comfortable that the strong enrollment pattern was not a one-year phenomenon. When they saw indicators this summer of a continued strong enrollment, they felt comfortable authorizing the salary increases.