Employee retention remains a challenge for the nation’s colleges and universities. New research from the College and University Professional Association for Human Resources (CUPA-HR) sheds light on which employees are leaving, why they are leaving and what higher ed leaders can do to keep them. Statistical evidence consistently demonstrates the correlation between competitive compensation and employee retention, particularly in sectors like academia. By investing in faculty and staff salaries, NCWU plans to foster a sense of value and commitment among our educators, leading to increased job satisfaction, higher morale and ultimately, greater productivity. Moreover, competitive salaries will help NCWU attract top-tier talent to enrich the academic environment and bolster Wesleyan’s reputation.
Addressing salary disparities is not just a matter of fairness, but strategically imperative for sustaining excellence.
High Turnover Causes in Faculty and Staff:
Many are looking for employment within their own institution or other higher ed institutions, thus indicating that appropriate retention measures could be successful at keeping them.