I currently serve as the chair of the Faculty Relations Committee, which is a subcommittee of the TCU Faculty Senate. I also serve as a member of the University Compensation Advisory Committee (UCAC). Earlier this year, TCU’s Chancellor visited UCAC and indicated that TCU’s current employee benefits package is “too rich to be sustainable,” and charged us with developing a benefits package for future employees that is both fiscally sustainable and competitive.
In response to this charge, I and the Faculty Relations Committee prepared this report, which examines TCU’s faculty compensation levels (both salary and benefits) across private universities nationally ranked by US News and World Report. If you want a one-page summary of the report, you can find that on the first page.
On November 7, 2019, the TCU Faculty Senate endorsed this report by vote with the following statement: “The TCU Faculty Senate endorses the Faculty Relations Committee’s Compensation Analysis Report as evidence that (a) TCU’s benefits are not too rich and that (b) to be competitive, compensation levels should not be reduced for current or future faculty.”
I offer this here because many have expressed interest in the report. I hope that we can all work together to be good stewards of TCU’s resources and to make TCU the best place it can be.