At 11:59 AM 9/2/03 -0700, Katheryn Thompson wrote:
>A silly little question, but I feel the need to ask. Considering the recent
>level of emotion, is anyone, at all, planning on attending the Chancellor's
>reception's for new faculty?
>
>Katheryn A. Thompson PhD
>Assistant Professor of Spanish
>Foreign Languages & Literatures
>
>
>
>
>At 11:35 AM 9/2/2003 -0400, Fritz Efaw wrote:
>>At 10:40 AM 9/2/2003 -0400, Ronald Smith MATHEMATICS wrote:
>>>I just read Harold Climer's response to Charles Lippy's email and I think
>>>the raises he mentioned for  "fulltime faculty and staff" should be put in
>>>perspective from a statistical point of view.
>>>
>>>Since October 1994(the famous election year raise), the percentages below
>>>represent the percentage raises of a fellow UTC tenured faculty member who
>>>has kept his pay stubs  over the past 9 years (it excludes the $300 raise
>>>for health insurance this past year and exceptional merit which have not
>>>been given since who can remember). I daresay that it probably mirrors the
>>>raises of the majority of the faculty over this period.
>>>
>>>August 1996     2.12%
>>>January 1998    2%
>>>January 1999    2%
>>>August  2000    3.5%
>>>August  2001    2.5%
>>>January 2002   2.5%
>>>January 2003   2%
>>>
>>>This computes to a compounded raise of 17.84181% over a period of 9 years.
>>>That is,
>>>(1.0212)(1.02)...(1.025)(1.02)=1.1784181
>>>
>>>This total % raise computes to an average raise (compounded) of 1.84% per
>>>year
>>
>>Thank you, Ron, for making explicit the degree of salary cuts.  Over the
>>past nine years the Consumer Price Index has gone up by 23.92183%, or 2.41%
>>per year.
>>
>>In other words, our salaries have FALLEN in purchasing power by about six
>>percent over the last nine years.  How many universities in the country can
>>make that claim?
>>
>>[Well, in fairness, your longevity pay has also risen by $900 in the last
>>nine years.  But unless you're paid under $15,000, you still lose!]
>>
>>Fritz Efaw
>>Economics professor
>>University of Chattanooga (the scenic city),
>>Tennessee (greenest state in the land of the free),
>>U.S. of ever-lovin' A.
   I might, since it is one of the few perks I get here, along with being
able to keep library book more than 14 days.
Anything I get for free at UTC, I usually do not pass up.

Harold A. Climer
Dept. Of Physics, Geology, and Astronomy
University of Tennessee at Chattanooga
318 Grote Hall
615 McCallie AVE
Chattanooga TN 37403
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