On PPP (puchasing power parity) basis faculty in public institutions in India are better paid than in most other countries
(Thanks to Prof. Moshe Vardi of Rice University for this pointer.)
This is based on the data made available at http://acarem.hse.ru/data where the faculty compensations (both salaries and perks such as housing) are compared on a PPP (purchasing power parity) basis in 26 countries. Following are some bullet points based on that data.
- In terms of academic salaries of entry level faculty at public universities the list with the per month salary in PPP US Dollars is: Canada (5733), Italy (5029), US (4950), Germany (4885), Norway (4491), UK (4077), India (3954), Australia (3930), South Africa (3927), Israel (3525), Netherlands (3472), Saudi Arabia (3457), Argentina (3151), Japan (2897), Malaysia (2824), Nigeria (2758), Czech Republic (2562?), Turkey (2027), France (1973), Columbia (1965), Brazil (1858), Mexico (1336), Latvia (1087), Kazakhstan (1037), Ethiopia (864), Russia (433), Armenia (405), China (259).
- In terms of academic salaries of top level faculty at public universities the list with the per month salary in PPP US Dollars is: Canada (9485), South Africa (9330), Italy (9118), Saudi Arabia (8524), UK (8369), Malaysia (7864), Australia (7499), India (7433), US (7358), Netherlands (7123), Germany (6383), Israel (6377), Nigeria (6229), Norway (5847), France (4775), Japan (4604), Brazil (4550), Argentina (4385), Columbia (4058), Czech Republic (3967), Turkey (3898), Mexico (2730), Latvia (2654), Kazakhstan (2304), Ethiopia (1580), China (1107), Russia (910), Armenia (665).
- In terms of ratio of monthly salaries to GDP per capita per month for entry level faculty at public universities: Ethiopia (130%), Nigeria (116%), India (110%), South Africa (45%), Argentina (23%), Columbia (23%), Malaysia (20%), Turkey (19%), Brazil (18%), Italy (16%), Canada (13%), Germany (12%), Israel (12%), Saudi Arabia (12%), UK (11%), US (11%), Czech Republic, Mexico (10%), Australia (8%), Japan (8%), Netherlands (8%), Armenia (7%), Kazakhstan (7%), Norway (7%), France (6%), Latvia (6%), China (4%), Russia (2%).
- In terms of ratio of monthly salaries to GDP per capita per month for top level faculty at public universities: Nigeria (262%), Ethiopia (238%), India (207%), South Africa (107%), Malaysia (56%), Columbia (47%), Brazil (43%), Turkey (36%), Argentina (32%), Italy (30%), Saudi Arabia (29%), Canada (22%), Israel (22%), UK (22%), Mexico (21%), Germany (17%), Australia (16%), Kazakhstan (16%), Latvia (16%), US (16%), China (15%), Czech Republic (15%), Netherlands (15%), France (14%), Japan (13%), Armenia (12%), Norway (9%), Russia (5%).
- Housing:
- Provided to all by law: India, Latvia, Nigeria
- Widely used to attract best faculty: China, Saudi Arabia
- Important part of contract negotiations: Kazhakstan, Turkey
- Not influential in contract negotiations: Canada, Ethiopia, Japan, South Africa, UK
- Not offered: Rest
- Retirement funds
- Not offered: Kazakhstan
- Widely used to attract best faculty: UK, China, Canada
- Provided to all by law: Rest (includes India)
One can also use the numbers in http://www.bbc.co.uk/news/magazine-17543356 to do further comparison. For example, the average income in India is $295/month in PPP dollars. So an entry level faculty in a public university in India earns $3954/295=13.4 times of an average Indian. In contrast, an entry level faculty in a public university in US earns $4950/3263= 1.52 times of an average American.
4 comments June 21st, 2012