Trustees endorse 2023-24 Purdue faculty and staff salary policy

WEST LAFAYETTE, Ind. – Purdue University’s faculty and staff salary policy for fiscal year 2024 will include a 4% recurring increase, plus a 1% one-time recognition, reward and retention pool. Trustees on Friday (April 14) endorsed the policy as proposed by President Mung Chiang.

The salary policy increase is expected to be in the top one-third of Big Ten public universities, matching fiscal year 2023 as one of the largest increases in several decades at Purdue West Lafayette, and is intended to recruit and retain top-quality faculty and staff.

The 1% one-time salary pool will be used for faculty and staff recognition, rewards and retention. This pool will be used for the following purposes:

• Increase Bravo Awards for staff.
• Employee recognition – specifically around exemplary performance and assuming additional responsibilities.
• Faculty and staff retention.
• Additional one-time investments to PhD students’ recruitment and recognition.
• Provost and Executive Vice President for Research excellence initiatives targeted to recognize and reward faculty – in the lab or classroom – through allocation to discretionary accounts.

“It speaks to the financial strength of Purdue University that tuition remains frozen while the largest salary increase in many years continues and new student housing is announced,” said Purdue President Mung Chiang. “Recruiting, retaining and rewarding talents is key to our university’s excellence at scale.”

The back-to-back 4% recurring increases are a first for Purdue this century, reflecting continuity through the presidential transition. 

About Purdue University

Purdue University is a top public research institution developing practical solutions to today’s toughest challenges. Ranked in each of the last five years as one of the 10 Most Innovative universities in the United States by U.S. News & World Report, Purdue delivers world-changing research and out-of-this-world discovery. Committed to hands-on and online, real-world learning, Purdue offers a transformative education to all. Committed to affordability and accessibility, Purdue has frozen tuition and most fees at 2012-13 levels, enabling more students than ever to graduate debt-free. See how Purdue never stops in the persistent pursuit of the next giant leap at https://stories.purdue.edu.

Sources: Mung Chiang

Chris Ruhl