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Understanding and Addressing Faculty Salary Equity


Achieving salary equity in academic medicine is the right thing to do and the smart thing to do. There are tangible institutional benefits to addressing equity issues — including salary equity — and costs to ignoring them.

Beyond a moral imperative, failing to create equitable environments, of which salary-equity efforts are a part, can hamper institutional success through retention and recruitment costs, as well as through losses in research and clinical productivity.

Creating a plan to achieve salary equity shows a commitment to and can assist institutions in keeping the best and brightest in the academic medicine and science. It should be part of an ongoing strategy to foster a supportive culture for faculty.

The AAMC has developed a set of tools and resources to help your institution get started. There’s no easy or quick solution to address salary equity, but the below information can help you begin your understanding and strategy.

Read the Report

ReportOur report, Promising Practices for Understanding and Addressing Salary Equity at US Medical Schools, is a good starting point for creating a strategy for salary equity.

It includes data on faculty compensation, promotion trends, and perceptions of the work environment, as well as promising practices from 11 medical schools that all institutions can use to begin or refine their own local salary equity efforts. 

Access the report here.

Explore the Data

The Faculty Salary Equity Tool (FSET) allows institutions to examine trends in total compensation by gender, rank, degree, department/specialty, and institutional ownership type (e.g. private schools, public schools) across the past five fiscal years.

Graphic displays include mean and median comparisons of total compensation by gender in dollar amounts and cents on the dollar comparisons. The tool also includes a flat file of aggregated national data for use in local institutional studies.

Note: Only available to deans and Principal Business Officers (PBOs) with complimentary access to the Faculty Salary Survey report data. The AAMC encourages deans and PBOs to share this tool with others on campus.

Develop a Strategy

Need help getting started? This toolkit provides a wealth of resources from national data tables to sample school of medicine reports and salary dashboards that can help you begin addressing salary equity at your own institution.

Please note: Some of the resources listed below are from organizations that require registration, membership, or purchase. We encourage you to collaborate with other leaders at your institution in exploring these resources, particularly those in Finance, Administration, and HR, who may already have institutional memberships to these organizations.

Toolkit

AAMC Faculty Salary Tables by Gender

Graphics Gallery

Salary Data Dashboards

Compensation Philosophies and Policies

Physician Reports

Literature Review

Faculty Salary Survey

The FSS publication and online tables are available for purchase which include 33 tables that display total compensation in a variety of ways, such as by degree, rank, department/specialty, region, and school ownership. Sign in required.

Contact: fss@aamc.org


Faculty Roster

This database generates tables on the annual distribution of U.S. medical school faculty by department, school, rank, ethnicity, degree, gender, primary specialty, and tenure status.

Access the Faculty Roster here

Contact: 
FAMOUShelp@aamc.org


GWIMS Salary Equity Toolkit

Explore the GWIMS Toolkit chapter on salary equity. Contents of the toolkit are focused on the individual faculty member and includes salary elements, determining your market value, negotiating for salary, and an introduction to advancing equity at your local institution.

View the toolkit here 


Related Resources

Closing the gender pay gap in medicine

Leaders in academic medicine are working to address salary inequities. Learn how report highlights the progress made to date — and the challenges yet to come.

Read More on AAMCNews