Pay and benefits of the Professor of Pharmacy In the United States, an annual income of $132,608 is considered to be the national average for a Professor of Pharmacy.
What is the salary of Pharmacy professor in India?
It takes anywhere from one to five years of experience to get the average income of 2.2 lakhs in India for the position of pharmacy college lecturer. The wage range for lecturers at the Pharmacy College is anything from 1.5 to 3.3 lakhs Indian rupees.
- Our calculations indicate that this amount is 27% lower than the typical salary offered by education and training companies to lecturers.
- These salary estimates were calculated using the average of the 18 different salaries that were submitted by different staff members at Pharmacy College.
- There is a 27% difference between the average pay of a lecturer at Pharmacy College and the average salary of a lecturer in India, which is 3 lakhs per year.
The average salary of a lecturer in Pharmacy College is 2.2 lakhs per year.
How much does a professor earn at Yale?
How much does Yale University in the United States pay its professors on average each year? – The annual salary of a professor at Yale University in the United States is around $210,908, which is 205% more than the average salary in the country as a whole.
The information on salaries was derived from seven different data points, all of which were gathered directly from workers, users, and both previous and existing job adverts posted on Indeed over the last 36 months. Please be aware that the wage amounts presented here are estimates derived on the submissions made by third parties to Indeed.
Indeed users are provided with these numbers just for the purpose of engaging in comparative analysis on a broad scale. It is recommended that you speak with the employer in order to obtain accurate compensation data because the minimum wage may vary from jurisdiction to jurisdiction.
What do lecturers earn in South Africa?
How much money can one expect to make working as a Lecturer in South Africa? – Average Income Every Month of 46 700 ZAR ( 560,000 ZAR yearly) LOW 24,300 ZAR AVERAGE 46,700 ZAR HIGH 71,500 ZAR A monthly salary of around 46,700 ZAR is average for someone working in the field of lecturing in South Africa.
The lowest starting salary is 24,300 ZAR, while the greatest possible salary is 71,500 ZAR (highest). This is the typical amount of money earned per month, taking into account housing, transportation, and other amenities. There is a significant disparity in pay for lecturers based on factors such as gender, experience, and geography.
You will find below a comprehensive analysis that takes into account a wide variety of factors.
Do you need a PHD to be a professor?
A Step-by-Step Guide to Obtaining a Position as a College Professor – It is not a simple task to obtain a position as a college lecturer. In the academic world, obtaining a PhD is typically required for entry-level employment. Before beginning their careers in academia, the majority of professors put in a full decade of study at the postsecondary level.
Why do college professors make so little?
Why are salaries in the academic world so low? Simply because professors are likely to accept the position anyhow. What factors would you consider when determining the appropriate level of compensation for the committee that you would chair? You would want to keep your costs to a minimum.
How much do PhD professors make?
The Average Annual Wage of a College Professor The following chart provides you with information on the average pay of a professor based on the colleges and universities with which they are affiliated. This information is provided for your convenience.
| Name of the Company | Average Annual Salary (INR) |
|---|---|
| IIT | 20.22 L |
| University of Delhi | 7.62 L |
| Amity University | 9.78 L |
| Chandigarh University | 6.98 L |
| AIIMS | 17.68 L |
| Sharda University | 12.10 L |
| BITS Pilani | 16.88 L |
What is the monthly income of a Professor?
In India, the beginning salary for a professor is usually somewhere in the neighborhood of 1.4 lakhs rupees (11.7k a month). To earn the title of Professor requires a minimum of five years of relevant work experience. Where can I get information about the greatest possible compensation for a professor in India? The highest possible remuneration for a Professor is 30.1 Lakhs per year, which is equivalent to 2.5L each month.
How much is a professor’s salary?
It Is Possible for Professors to Make More Than $1 Million, although This Is Extremely Rare – There is a tiny but significant population of university professors whose yearly salaries are above one million dollars, despite the fact that the majority of university professors make less than $250,000 annually.
- This is typically due to the fact that these individuals fulfill additional jobs at their respective universities in addition to that of professor.
- According to tax documents from 2019, Zev Rosenwaks of Cornell University earned $8.8 million as a tenured clinical professor.
- These documents come from the year 2019.
The income that Rosenwaks received was about eight times higher than the compensation that the university’s president received at the time. A number of Cornell academics, including Rosenwaks, made millions of dollars in 2019, including Rosenwaks. Over $4 million was brought in by associate clinical professors Hey-Joo Kang and Steven Spandorfer, as well as assistant clinical professor Rony Elias, during that year.
- There are a number of other famous colleges, in addition to Cornell, that periodically provide salaries in the millions to its faculty members.
- In 2019, Lawrence G.
- Lenke, an orthopedic surgeon and tenured professor of orthopedic surgery at Columbia University, made $6.85 million.
- In the same year, David N.
Silvers, a professor of dermatology at Columbia Institution and the head of the dermatopathology laboratory at the university, made $4.37 million in salary and other compensation for his work.
What does a Harvard Professor make?
When compared to the incomes offered by academics working at other types of schools, those working at the nation’s most prestigious educational institutions can earn very high salaries. Flickr photo by the United States Department of Education The average salary for a professor at a prestigious university is about $175,000 per year.
When compared to the salaries of academic members at other Ivy League institutions, the annual salaries of Harvard University professors are the highest. The following is a list of the annual wages, on average, that professors get at each of the eight Ivy League universities. For further news, please see the homepage of Business Insider.
The jobs held by professors at universities and colleges in the Ivy League are often regarded as among the most prestigious in the United States. Therefore, it should not come as a surprise that academics at Ivy League universities get considerable compensation for the services they make to the field of education.
- The amount of money that universities and colleges pay their professors might vary greatly based on the type of institution they work for, whether it be public or private.
- According to the findings of a survey conducted by The Chronicle of Higher Education in 2017, the average annual salary of a professor at an Ivy League university was above $175,000.
According to Glassdoor, the typical starting pay for a college professor in 2019 is $94,868, which is a significant increase over the previous year. Continue reading: Every university in the Ivy League, sorted from least costly to most expensive. The annual wages of professors at each of the eight Ivy League universities are shown here, starting with the lowest paid and working their way up to the best paid.
Who is the highest paid Professor in Harvard?
Michael L. Tushman, who teaches at the Baker Foundation, and Carliss Y. White, who teaches at the White School of Business Administration, are the two professors at the university who bring in the most money.
How much does a Harvard Professor make per year?
The Varying Pay Scales of Harvard’s Professors In the United States, the wages of Harvard Professors range from $25,034 all the way up to $668,858, with a typical pay of $122,248. The top 57% of Harvard Professors make between $668,858 and $132,252, while the bottom 57% make between $122,252 and $303,816.
What is a pharmacist salary in South Africa?
Among Pharmacists registered with the South African Pharmacy Council (SAPC), Pharmacist Interns or new graduates during their compulsory Community Service year tend to have the lowest salaries, while Responsible Pharmacists in retail pharmacies, Hospital Pharmacists working in South Africa’ Public Sector, or Industrial Pharmacists enjoy the highest salaries.
How much does a PhD holder earn in South Africa?
Jobs for Doctorates (PhD) Ranked by Payscale
| Job Title | Range | Average |
|---|---|---|
| Postdoctoral Research Associate | Range: R132k – R323k (Estimated *) | Average:R211,072 |
| Production Manager, Manufacturing | Range:R162k – R621k (Estimated *) | Average:R319,899 |
| Project Manager, (Unspecified Type / General) | Range:R193k – R535k (Estimated *) | Average:R326,088 |
Do lecturers get paid more than teachers?
Frederick Guy would want to be ignorant regarding the potential income he may have in the city. If he had a doctorate in economics, he may get paid five times as much as he does today. “I have no interest in finding out. It would make me miserable if you did that, “The instructor at the university says this while placing his palms over his ears.
- “Am I underpaid? Absolutely.
- On the other hand, I enjoy my work.” Academics like Guy, who teaches management at Birkbeck College and is affiliated with the University of London, did not get into the field for the financial rewards.
- According to a new report that was published today, working in higher education pays much less than practically every other graduate occupation.
The only professions that do worse are teaching in secondary schools and lecturing in higher education. Trailing behind While a university professor earns an average of £8.92 per hour, a dentist in the public or private sector makes £12.88, a consultant makes £10.75, a doctor makes £10.56, and a lawyer makes £10.23.
- The hourly rate for accountants is £9.63, and the rate for pharmacists is £9.19.
- Following closely behind at £8.38 and £7.91 an hour, respectively, are lecturers teaching in further education and teachers teaching in secondary schools.
- Higher Education Academic Salaries in the UK is the title of a study that was conducted over the course of one year by Dr.
James Walker, who teaches management at Reading University’s business school, and Dr. Anna Vignoles, who is a reader in the economics of education at the Institute of Education in London. These are the findings of the study. The two individuals examined the wages of somewhat more than 50,000 university graduates, of which 1,437 were university professors, using data taken from the UK Labour Force Survey between the years 1993 and 2005.
- The data provides information on the graduates’ racial backgrounds, ages, genders, levels of education, and geographical locations.
- The authors of the study were able to compare the earnings of comparable people working in different professions as a result of this.
- According to what they discovered, academics make, on average, 49% less than dentists, 24% less than physicians, 23% less than attorneys, 17% less than accountants, and 3% less than the typical graduate at any stage in their careers.
According to the findings of the survey, academics are also working too much. The average amount of hours worked, including those that were paid and those that were unpaid, was 47 hours a week, which was second only to the number of hours worked by doctors (on 51 hours a week).
- The typical work week for a graduate is 44 hours long.
- According to Vignoles, “once one compares university academics with graduates or other similar occupations that require a substantial amount of postgraduate training, their relative economic position does not look good.” [Citation needed] “Once one compares university academics with graduates or other similar occupations that require a substantial amount of postgraduate training,” It was stated in the white paper that the government published in 2003 titled “The Future of Higher Education” that salary was a significant problem for educational institutions and that there had been a relative decrease in earnings in recent years.
“Academic pay is an important policy issue because if the relative pay of academics falls, it is likely to lead to lower-quality individuals entering and remaining in the profession. It will also likely lead to a brain-drain to countries that reward academics more highly,” says Walker.
- “Academic pay is an important policy issue because of these two reasons:” The quality of higher education in the UK is expected to suffer as a result of these developments, which will have a knock-on impact.
- “The United Kingdom is a net importer of academics,” says Vignoles, who notes that this is due to the relatively low pay in the academic sector, which results in openings that go unfilled and are then replaced by academics from other countries.
This view is shared by Sally Hunt, who serves as a joint general secretary for the University and College Union. “For far too long, universities have depended on the goodwill of their personnel in spite of the fact that workloads have skyrocketed and remuneration has dropped in relative terms,” she argues.
“[T]hese universities have been in crisis for far too long.” The standard of higher education in the UK is going to be put at risk if wage and workload issues aren’t resolved as quickly as possible. But according to Bill Rammell, who is in charge of higher education, more money is being spent on colleges currently than there was ten years ago.
According to him, the record that this administration has established for supporting higher education is the finest in decades. “After making cuts on an annual basis for so many years, our current spending is 20% more in real terms than it was ten years ago.
- Additional funding is coming in from a variety of sources, including endowments and variable fees.
- And I don’t think there’s any indication that there’s been a brain drain.” Could it be that other professions are more effective at winning wage raises, and thus receive those raises more frequently, than academics are? According to Walker, “some groups who are largely employed in the public sector, such as physicians, have been quite successful at winning better compensation.” “It’s also possible that this points to an increase in the political and economic influence of doctors.
Clearly, this may be a justifiable reflection of the higher value that society places on the abilities of medical professionals in the case of doctors. Unattractive market segment “Our analysis reveals that it is not just professors, but also further education lecturers and secondary school teachers, who are paid below the average graduate.
- The conclusion of this is that the education industry as a whole is not appealing in terms of salary.
- ” After a fight that lasted for three months between unions and employers, academics were able to achieve a salary increase of 13.1% spread out over the course of three years last summer.
- On the other hand, the unions demanded a raise of around 25 percent.
In spite of this, it is quite likely that the salary increase will assist in narrowing the income gap that exists between lecturers and those working in other professions. As well as an agreement that was reached in 2004 to place the whole personnel of the institution on a single pay scale, ranging from the porters to the academics.
- Because different institutions have the ability to determine where their personnel falls on the scale, some professors will be compensated more than others.
- According to Vignoles, there will be a smaller gap between the hourly salaries of academics and those of other workers, as revealed in the report, as a result of the pay arrangement and the agreement that was reached in 2004.
She says, “It is obvious that they will make the situation a little bit better; but, just as the public sector is obtaining pay settlements, so the private sector is also facing pay changes.” “To increase salary, we will have to rely more and more on sources of income from the business sector.
- The imposition of tuition fees is one measure that has been taken to bring in additional resources for the industry.
- However, I believe that it is more desired and unavoidable that the cap that has been placed on tuition costs will be lifted in order to address concerns such as relative compensation.” The salary of an academic should be proportional to the other income opportunities the individual has.
This is not a reflection of anyone’s morals; rather, it is a reaction to the market. For instance, the salary of a professor teaching business in London ought to be higher than that of a lecturer teaching humanities in the north-east.” A solution such as that, on the other hand, is probably going to be about as well received by academics as low pay and overtime.
What is the salary of Harvard professor?
The salaries that Harvard professors get are the highest among all Ivy League professors. They bring in an annual salary of 226,394 dollars on average. The annual cost of tuition for students is $50,420, and there are 31,120 total students enrolled.
Are university professors rich?
In this area, professors make significantly more than the average – Due to the fact that the pay data are accessible to the general public, I scraped them in order to produce Figures 1 and 2 for my organization. According to Figure 1, the average yearly salary for academics falls anywhere between $100,000 and $150,000.
- Please take into account that these statistics include faculty members of all ranks (Assistant Professor, Associate Professor, and Full Professor).
- The mean value of faculty members is greater (Figure 2) when compared to the values of other professionals, such as administrative and management professionals; nonetheless, a significant proportion of management professionals may be outside the distribution.
In point of fact, in order to make the plot readable, the data on one person’s pay had to be adjusted such that it was less than or equal to four million dollars. In general, however, the earnings of associate professors are on line with the estimate that Glassdoor compiled for the national average of $80,667 per year.
- Because of the higher cost of living in certain areas, such as the east and west coasts, the prices in such areas will be slightly higher.
- Figure 2 depicts a plot of the salary ranges that are offered by a public organization for the various job types that are available.
- Because it’s possible that a lot of people have never seen a narrative like this before, I’m going to go ahead and offer some explanation.
The little empty square represents the mean, which is the term for “average” that the vast majority of people are acquainted with. However, as you can see, focusing just on the average number offers only a partial picture of the full data set. The median value, also known as the middle value of a sorted data collection, is represented by the horizontal line that is located near to the mean (i.e.
first, the data set is sorted in increasing order and then whichever value lies in the middle is the median). If the mean is located further from the median than the median itself, then the data are skewed in the direction of the mean. If the mean is located closer to the median than the median itself, then the data are dispersed equally.
Next, the box illustrates what is known as the “interquartile range” (IQR), which is the difference between the medians of the 25th and 75th percentiles. The interquartile range is helpful because it identifies the range in which fifty percent of the data lies.
A lesser amount of variability is represented by a box that is narrower, whereas a larger box represents a greater amount of variety. The range between the box and the whiskers is 1.5 times the interquartile range. Because these whiskers encompass 99% of the data, any data points that are outside of these whiskers are regarded as outliers.
As a result of this, the narrative structure in question is known as a box-and-whisker plot (which is shown on the left side for each category). On the right-hand side you’ll see a visualization of the binned data with a distribution curve that I created (similar to Figure 1).
In this section, the data that are included within each bin are also displayed to illustrate how each bin is increasing. These data points are helpful for visualizing the fact that, despite the fact that faculty salaries are higher and more variable in general (because the box is wider), there are some individuals in the administrative and management categories who are extreme outliers and could be affecting the distribution.
How much do College Professors Make? | Tenure-track v. Lecturer
This is the case despite the fact that the box is wider. * In point of fact, in order to make the plots intelligible, one data point—specifically, four million dollars—had to be eliminated from the management category.
How much does a college professor make with a Phd?
The Average Annual Wage of a College Professor The following chart provides you with information on the average pay of a professor based on the colleges and universities with which they are affiliated. This information is provided for your convenience.
| Name of the Company | Average Annual Salary (INR) |
|---|---|
| IIT | 20.22 L |
| University of Delhi | 7.62 L |
| Amity University | 9.78 L |
| Chandigarh University | 6.98 L |
| AIIMS | 17.68 L |
| Sharda University | 12.10 L |
| BITS Pilani | 16.88 L |
Are professors highly paid?
There is a significant amount of variation in academic pay on the basis of rank, country, and institution. The following is a breakdown of what academics in Europe and North America earn. Every employee’s salary is stated in the nation’s currency and includes taxes withheld.
Kingdom of England The average income for a professor in the United Kingdom is £40,760, whilst the average compensation for a senior lecturer is £51,590. The typical annual income for an associate professor is £64,356, whereas the typical annual compensation for a full professor is £91,891. Germany Since academics in Germany are considered government officials, their pay are regulated by national legislation and set according to the state.
The salary range for junior professors, often known as juniordozents, is from €4,713 to €5,301 per month. The salary range for full professors (Professur) is €5,343 to €7,578 per month, while the salary range for associate professors (dozent) is €5,365 to €6,676 per month.
- Sweden According to data provided by the Swedish Academics Central Organization (Sveriges akademikers centralorganisation), the median wage for a lecturer (adjunkt) in the year 2020 is expected to be 41,181 SEK per month.
- The typical monthly salary for assistant professors, also known as bitradande lector, is 49,586 SEK.
The typical salary for an associate professor in Sweden is 44,500 SEK per month, whereas the median salary for a professor in Sweden is 67,550 SEK per month. About 45% of income is subject to taxation in Sweden. Switzerland The Swiss educational system is often regarded as the best in Europe.
- Both each canton (or province) and the legislation determine them.
- Associate professors at the University of Lausanne might earn anything from 125,250 to 158,783 Swiss Francs (CHF) year for their work.
- Between 149,728 and 171,380 Swiss Francs is the annual salary range for full professors.
- Annual salaries range from 163,564 to 210,793 Swiss Francs for full professors who hold chair appointments.
The salary range for associate professors at ETH Zurich is between 178,996 and 245,080 CHF per year, while the salary range for assistant professors is between 148,682 and 214,767 CHF per year. Annual salaries range from 209,247 CHF to 275,359 CHF for full professors.
- Denmark Contracts agreed between academic unions and the Danish government are what ultimately decide how much professors are paid in that country.
- The amount of money that an academic makes is dependent on both their work position and the number of years that have passed since they received their PhD.
The monthly salary for assistant professors is typically around 38,344 DKR on average. The average salary for a professor in Denmark is 58,236 DKK per month, while the average salary for an associate professor is 44,4204 DKK per month. The tax burden in Denmark is relatively high, ranging from 40 to 50 percent of one’s income.
- The Dutch territory The wage scale for faculty members in the Netherlands is determined by the Collective Labour Agreement of Dutch Universities (CAO-NU), which is quite similar to the system in Denmark.
- The salary range for assistant professors at universities is between €3,821 and €5,943 per month.
Associate professors, also known as universitair hoofddocents, earn in a monthly salary of between €5,294 and €7,097. The salary range for full professors, often known as Hoogleraar, is from €5,864 to €10,309. In the Netherlands, the average tax rate is close to forty percent.
- France Academics who have permanent posts at French universities are considered to be civil employees because these universities are public and governed by the state.
- Their pay rates are predetermined by the government and are consistent across all institutions and fields of study.
- The levels of the salaries are differentiated according to seniority and class.
The annual remuneration of a tenured assistant or associate professor (maitre de conférence) can range anywhere from €25,225 to €53,828 based on the academic’s class and level of seniority. The salary range for tenured full professors at universities, also known as professeur des universités, can range anywhere from €36,560 to €73,343 per year, depending on their class and seniority.
- Belgium Academic wages in Belgium are determined on years of service (time from completion of PhD).
- Assistant professors with less than 24 years of experience get the lowest starting salary of €29,914 per year, while those with the most experience earn the highest salary of €47,443 per year.
- Associate professors have a starting salary of €34,255 per year and can increase their salary to €58,403 per year with 24 years of service.
Professors get a starting salary of €40,109 per year, which increases to €61,224 per year after 18 years of service. Full professors begin their careers at $44,925 per year and can work their way up to $68.633 after 15 years. Taxes in Belgium are levied at a rate that ranges from 45 to 52 percent.
- Norway The wages of academics in Norway are established according to the collective agreements reached between the state authorities and the unions.
- Compensation is determined within the framework of the wage scale by academic level as well as seniority.
- The annual wage for university lecturers (universitetslektor) is 629,247 NOK, while the annual compensation for associate professors (frsteamanuensis) is 703,110 NOK.
The typical yearly income for a professor is equal to 897,936 Norwegian Krone. Taxes in Norway average close to forty percent. Finland The salary of academics in Finland are determined according to a collective agreement. The work requirements as well as an individual’s own performance are taken into consideration when determining where on the compensation range an academic falls.
- The salary range for an associate or assistant professor is between €3,709 and €6,051, whilst the salary range for a professor is between €5,170 and €9,326 a month.
- The tax rate in Finland ranges between 25-32%.
- America (United States) The American Association of University Professors maintains data on the wages of academics working in the United States.
According to the data for the 2016-2017 academic year, the typical annual income for a full professor in the United States is $102,402. The average salary for an associate professor is $79,654, while the salary for an assistant professor is $69,206. The Chronicle of Higher Education also maintains a database that details the individual salaries of faculty members at more than 4,700 different schools.
- This database is compiled using data obtained from the United States Department of Education.
- Canada According to Statistics Canada, the average annual compensation for full-time academic teaching staff (across all ranks) in Canada was $135,451 for the academic year 2020/2021.
- This figure was based on the income received by the individual.
Full professors had the highest average salary in 2017/2018, coming in at $160,183, while associate professors made an average of $125,358 and assistant professors made an average of $103,023. Full professors were the highest earners overall. On Academic Opportunities, you may browse through a huge selection of open professorial positions.