Addressing salary equity at an academic health center is critical to attracting and retaining talented faculty. Since 2010, the University of Florida College of Medicine – Jacksonville has been conducting periodic reviews of faculty compensation, with an aim to promote equitable practices.
A few months ago, the college contracted with an outside consultant to assess 2018 faculty compensation, with particular emphasis on gender, although ethnicity and other demographic identifiers were also included. The consultant used advanced statistical modeling to evaluate the compensation of 428 faculty members, accounting for numerous factors such as salary, total compensation, education, rank and years of service.
After adjusting for those factors, the analysis revealed that, on average, female faculty members were paid 92 cents per $1 paid to men at the College of Medicine – Jacksonville. Across different departments and specialties, women were paid between 78 cents and $1.15 per $1 paid to men. In comparison, a national salary analysis of fiscal year 2017 median compensation from the Association of American Medical Colleges found that women were paid between 72 cents and 96 cents per $1 paid to men across different departments and specialties.