Journal of East China Normal University(Educational Sciences) ›› 2024, Vol. 42 ›› Issue (1): 58-70.doi: 10.16382/j.cnki.1000-5560.2024.01.004

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The Design of Seniority Wage System for Faculty: An Analysis Based on Faculty’ Salaries Survey in Some Chinese Universities

Jing Yuan1, Ping Zhao2, Yongmei Hu2   

  1. 1. Teachers College, Qingdao University, Qingdao Shandong 266071, China
    2. Faculty of Education, Beijing Normal University, Beijing 100875, China
  • Online:2024-01-01 Published:2023-12-28

Abstract:

Based on the survey data of faculty in Chinese universities, this paper draws the findings that the grade wage, increasing with faculty’s experience, has a limited function of retaining faculty, while the seniority allowance or seniority wage system set up by colleges and universities can effectively reduce the probability of faculty leaving the current position. According to the seniority wage dispersion model, the starting levels of seniority wages are estimated for lecturers, associate professors, and professors, respectively. And this paper further designs the seniority wage growth mechanism of each professional referring to the increase mechanism of the grade wage. In this study, we propose establishing the seniority wage system to serve as a beneficial supplement to the grade wage system to enhance the retention function of faculty’s compensation.

Key words: seniority wage, the grade wage, retention of faculty, wage growth mechanism