September 2017 will mark the opening of the 50th iteration of AACSB’s annual Salary Survey. On this 50th anniversary, in order to better serve our global membership’s needs for pertinent staffing and compensation data, AACSB will be enfolding the Salary Survey into a more holistic data collection instrument, which we will be renaming the Staff Compensation and Demographics Survey. This move will align the two previously independent but complementary data sets in the former version of the Salary Survey and the Business School Questionnaire (BSQ), allowing us to connect our members with more relevant, contextualized, and timely data on business school faculty and staffing, while also giving them better tools with which to benchmark against their peers.
A couple of months ago, we reached out to our membership for input on how we might design the new survey so that their data needs in this area could best be met. We received great feedback from over 100 member schools, representing 30 countries and territories from all over the world. This feedback validated some of the actions we were already planning, such as returning the survey section on faculty compensation practices to its original home:
Figure 1. Should the Compensation Practices Section Remain in the BSQ Finances Module, or Return to the Salary Survey?
In other cases, the survey results helped us realize where there were gaps in our data collection that we can now fill in a way that will benefit our members. For example, based on the requests of numerous respondents for the ability to track faculty cohorts, we will be adding a “Year Hired” column to the faculty sections of the Salary Survey form. With this addition, our members will be able to track faculty members’ longevity of service by a variety of factors, such as rank, disciplinary area, qualification type, etc.
Another similar change will occur in the way we track tenured/tenure-track faculty. Acknowledging that the concept of tenure is not applicable in all nations in which we have members (and not universally applicable even in nations where it does exist), we will be adding a “Not Applicable” option to the survey column in which respondents indicate whether a given faculty member is tenured/tenure-track or not. We will also be including questions regarding alternate faculty models, which we hope will garner further data on how schools across the world deal with faculty contracts.
Most significantly, starting this year we will be providing an option to allow schools to report and benchmark on the individual demographic data, separately from the salary data. It is very important to note here that the way in which AACSB collects and reports on salary data is in compliance with most national and international statutes regarding personal data privacy (e.g., the European Union’s newly adopted General Data Protection Regulation). All data pertaining to specific individuals are collected in anonymized form in a secure database. They are reported only in aggregate, in such a way that it is impossible to attribute a specific data point to a specific individual, or even to a specific reporting school. Nevertheless, we received feedback from a number of schools who that indicated that their parent universities have internal policies against sharing individual salary figures.
We took all these concerns into consideration, and as a result, the 2017–18 Staff Compensation and Demographics Survey will allow respondents to forego entering salary figures while retaining the ability to enter the remaining individual-level data points collected, such as the numbers of faculty by rank, disciplinary field, gender, qualification type, etc., all of which are data points collected only on the AACSB Staff Compensation and Demographics Survey. Naturally, only those participants who enter salary data will be able to benchmark on salary figures, but our hope is that the opt-out feature will allow more of our members to participate and gain benefit from the ability to benchmark on the other individual-level data points.
To conclude, thanks to our members’ input, we made these and other significant improvements to the survey and the benchmarking tools that draw on its data. We look forward to being able to serve their needs for data regarding business school staffing and compensation, in ways that better adapt to various international contexts. Be on the lookout in the early months of 2018 for postings of data gleaned from the results of our revised survey, as well as access to new and improved benchmarking tools!