Salary Report 2016
The INOMICS Salary Report 2016 reflects job market and salary trends for economists, ranging from those just starting their Master’s to those working as senior professors or researchers in academia and the private sector.
Key findings include:
- Professors consider research publications more relevant for their employability than teaching skills.
- The gender pay-gap for economics professors at North American universities seems to have narrowed to the point of non-existence. If anything, female academics seem to earn slightly more than their male counterparts.
- Salary is not a primary motivator, although it has a demotivating effect if too low.
- A higher salary is considered as more important in some regions, for example in Asia, especially among people working outside of academia.