2006 Session

Budget Amendments - SB30 (Committee Approved)

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SCHEV - Faculty Salary Peer Groups (language only)

Item 145 #3s

Item 145 #3s

Education: Higher Education
State Council of Higher Education for Virginia

Page 150, after line 51, insert:  
"J.  In consultation with the Secretary of Education, the Secretary of Finance, and the Chairmen of the House Appropriations Committee and Senate Finance Committee, or their designees, the State Council of Higher Education for Virginia shall review, and if necessary, update institutional peer groups used for assessing the Commonwealth’s goal to fund teaching and research faculty at the 60th percentile of peer institutions nationally.
In updating each public college or university’s peer group, the Council shall develop a set of peers that is statistically similar to the Virginia institution.   Factors to be used in the assessment of similar institutions may include, but shall not be limited to, the institution’s Carnegie classification, the mix of academic programs offered, qualifications for student admissions, and faculty qualifications.  The State Council shall report its findings to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees no later than November 1, 2006 along with an assessment of the impact of faculty salary rankings using the updated peer groups."

(This amendment requires the State Council of Higher Education to update the national peer groups for faculty salary comparisons by November 1, 2006. The peer groups have not been updated in ten years for some institutions.)