Dive Summary:
- Forty-eight faculty and staff members at the University of Colorado at Boulder were approached in the past year by schools including Michigan, Berkeley, Wisconsin, Harvard and Stanford, and it isn't the Centennial State's only research university whose faculty are receiving outside offers.
- In order to keep high-caliber faculty from being poached, CSU and CU have raised tuition by 9% and 8.7% respectively, contending that keeping well-known professors around boosts the schools' reputations and adds value to degrees.
- Costs of retaining faculty extend beyond salaries, with Colorado's research universities also in an "arms race" with competing schools when it comes to providing faculty with modern labs and equipment, but the star professors can also help bring in millions in research funding.
From the article:
... Since coming to CU from the University of Wisconsin, Johnson has been approached by four universities.
"It was all pretty nerve-wracking. You're thinking about the research and uprooting family — and there are about 15 people who work under me in the lab, and so you wonder how it would affect them, as well," said Johnson, who estimated his salary was about 15 percent below market. ...