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Inside Iowa State, a newspaper for faculty and staff, is published by the Office of University Relations.

Sept. 21, 2007

Where did those extra salary dollars land?

by Anne Krapfl

The university's FY08 operating budget, for the year that began July 1, includes about $6.5 million for targeted faculty and Professional and Scientific salary increases above annual increases. About 75 percent of these funds were distributed July 1; the remaining will be distributed this fiscal year to address retention and other market issues as they arise.

Part of the additional salary dollars have been allocated to outstanding departments in high-priority academic disciplines that also face the most severe competition in the higher education marketplace. And part of the additional salary dollars have been or will be used to compensate excellent individuals whose salaries are not competitive or to address other equity or market issues. Dollars from both pools were allocated through a competitive process coordinated in the provost office this summer.

The following chart breaks down, by major units, where the dollars landed that were distributed in July.

ISU FY08 budget: Targeted salary funds distributed for market equity

Unit Faculty P&S
College of Agriculture and Life Sciences & Ag Experiment Station $769,359$88,874
College of Business 415,141 18,440
College of Design178,00024,070
College of Engineering558,67585,695
College of Human Sciences178,62630,593
College of Liberal Arts & Sciences965,46739,010
College of Veterinary Medicine102,34219,917
Business and Finance25,351141,838
Central leadership*99,646139,415
IT Services38,108209,239
Student Affairs20860,932
Salary-driven benefits to central benefits pool637,074165,686
Sub total (distributed July 1) 3,990,0971,037,718
Held for use during FY081,294,903212,282

*Includes faculty and P&S staff in, or reporting to, offices of: president, provost, research and economic development, and university extension.


About three-quarters of the additional salary dollars in the FY08 budget have been allocated. The rest will be distributed throughout the year. Here is a look at where those targeted funds went.