4 ms·

> faculty positions still generally pay reasonably well, Not in certain fields when you consider opportunity cost > especially when compared to those living i

by iaw 9y ago

> faculty positions still generally pay reasonably well, Not in certain fields when you consider opportunity cost > especially when compared to those living in conditions of poverty. I really hope that we're not going to set the baseline of comparison at poverty levels for the people that can obtain faculty positions in CS.

michaelmior 9y ago
I'm not suggesting that be the baseline. But I think it's important to put things in perspective. I am pulling these numbers out of thin air, but suppose you're making $100K/yr as a faculty member vs $300K/yr in in industry. Although I made those numbers up, I don't think they're unreasonable. And yes, you generally take a huge potential pay cut to be an academic, but CS faculty are also generally paid good living wages.
- IntronExon 9y ago
  $100K would be a fully tenured professor at a good school, and some time under their belt. Even then, $100K is on the high end of the scale. There are exceptions that go significantly higher even without tenure, but the average with tenure is closer to $80K.
  - randcraw 9y ago
    Here's some reference data. At U of Michigan, these professorial wages are typical in CS (and are publicly listed): lecturer: $80K assistant: $110K associate: $110-130K full: $150-190K BTW, I see that the UofM CS dept. employs a lot more (3X?) lecturers in CS now than they did 15 years ago -- another sign of high demand/low supply for PhDs in academe.
  - electricslpnsld 9y ago
    Assistant CS Professors are typically making $100k+ at good public schools. Plug "Assistant Professor Computer Science Austin" into a search engine for public employee salaries [1]. 110K seems to be the minimum for a non-tenured CS professor. [1] https://salaries.texastribune.org/search/?q=Assistant+Professor+Computer+Science+Austin https://salaries.texastribune.org/search/?q=Assistant+Profes...
- samfisher83 9y ago
  As faculty you can still consult. Since you are faculty companies like you especially at a prestigious school. Professors make very good money if they play their cards right.

by iaw 9y ago

michaelmior 9y ago

I'm not suggesting that be the baseline. But I think it's important to put things in perspective. I am pulling these numbers out of thin air, but suppose you're making $100K/yr as a faculty member vs $300K/yr in in industry. Although I made those numbers up, I don't think they're unreasonable. And yes, you generally take a huge potential pay cut to be an academic, but CS faculty are also generally paid good living wages.

IntronExon 9y ago
$100K would be a fully tenured professor at a good school, and some time under their belt. Even then, $100K is on the high end of the scale. There are exceptions that go significantly higher even without tenure, but the average with tenure is closer to $80K.
- randcraw 9y ago
  Here's some reference data. At U of Michigan, these professorial wages are typical in CS (and are publicly listed): lecturer: $80K assistant: $110K associate: $110-130K full: $150-190K BTW, I see that the UofM CS dept. employs a lot more (3X?) lecturers in CS now than they did 15 years ago -- another sign of high demand/low supply for PhDs in academe.
- electricslpnsld 9y ago
  Assistant CS Professors are typically making $100k+ at good public schools. Plug "Assistant Professor Computer Science Austin" into a search engine for public employee salaries [1]. 110K seems to be the minimum for a non-tenured CS professor. [1] https://salaries.texastribune.org/search/?q=Assistant+Professor+Computer+Science+Austin https://salaries.texastribune.org/search/?q=Assistant+Profes...
samfisher83 9y ago
As faculty you can still consult. Since you are faculty companies like you especially at a prestigious school. Professors make very good money if they play their cards right.