A new research has rated full professors in Nigeria’s public universities as one of the bestpaid academics in top 28 nations of the world.
Never mind the ivy league; professors in the maple-draped ivory towers of Canada are on average the best-paid in the world, new research shows.
This means the University of Toronto with the loftiest campus pay-cheques in the country, could have the highest paid teachers of all — save for the most famous private Ivy-schools such as Harvard and Princeton.
In a new study of public university salaries in 28 countries — from the knowledge hubs of Asia to the powerhouses of Great Britain and the United States of America. — it is Canadian professors who outstrip all others in their pay’s purchasing power.
Other countries in which salaries of professors are compared include Italy, which came second; South Africa, (third); India, (fourth); US, (fifth); Saudi Arabia, (sixth); Australia, (seventh); Netherlands, (eighth); Germany, (ninth); and Netherlands.
A Nigerian full professor, which according to the report,earns an equivalent of $4, 629 per month in public institutions, is rated the 13th best paid don among the 28 nations.
While some blame soaring salaries for driving up the costof higher learning — Ontario economic guru Don Drummond has called for smaller post-secondary raises — others argue they give us an edge in courting the best and brightest.
“In an increasingly international labour market, it’s good to offer strong compensation,” noted education professor Glen Jones of the Ontario Institute for Studies in Education at U of T and who is part of the Canadian team of researchers on the study.
The research, released Thursday, was led by the Boston College Center for International Higher Education and the National Research University Higher School of Economics in Moscow.
The study adjusted the dollar-value of full-time salaries to the cost of living in each country to allow a true comparison of the value of the pay. In adjusted dollars, Canada’s average full-time professor earns $7,196 per month, compared to $6,054 in the US and $5,943 in the UK.
And while the study excluded private institutions, including ivy league names such as Harvard and Princeton, these are relatively small schools that likely would not have changed the US average by much, noted Jones.
“Canadian professors work hard, they’re productive and they’re one of the reasons ouruniversities are relatively well ranked,” said Jones, “and unlike other jurisdictions, their full-time tenure stream is still strong.”
Some of the Nigerian professors who reacted to thereport said that it did not reflect the general wages of a professor. They however admitted that with the new consolidated salaries in federal universities, the estimated earning might not be far from the truth as some of the most senior professors earn about N600,000 per month.
Asked whether a Nigerian professor earns the equivalent of $4, 629 per month, Prof. Ayodeji Olukoju, who is also the Vice-Chancellor, Caleb University, Imota, Lagos State,said, “I will say yes and no. Yes, because before I left the University of Lagos, a federal university over a year ago, a consolidated salary was introduced where most of ourallowances were monetised and imputed into our salaries.And then if you were a senior professor, your salary would be over N500,000. I don’t know what the situation is now but the report may not be far from it.”
But is the wage the same thing in private universities? Some of the vice-chancellors of the private universities including Olukoju said yes. They said some private universities, including the Covenant University, Ota, Ogun State, were even payinga little more than the federal universities.
“If you don’t lure lecturers with good pay, they won’t come. That is why most of us (private universities) are paying even a little higher than the federal universities,” one of them who pleaded anonymity said.
A professor at the Faculty of Education, Lagos State University, Ojo, Ademola Onifade, who confirmed the report, however, explained that it was not all professors that earn as much. According to him, professors are in categories as seniority counts in deciding what a professor earns.
“The report is very close to it. But you should understand that a professor of one year experience will not earn the same thing with another one that has five or 10 years experience,” he said.
Asked whether there was disparity between the wage of professors in a federal university and that of a state university where he works, Onifade said no. “We earn thesame wage. There is no difference,” he said.
But there’s a cost to those heady salaries. Canadian universities are increasingly turning to part-time, contract,lower-paid instructors who can be excellent, but who often say they are underpaid, overworked and unconnectedto campus life.
And there are too many of these part-timers these days to ignore in any study of salary, warned Constance Adamson, president of the Ontario Confederation of University Faculty Associations.
“This study focussed on full-time tenured faculty but as we know, almost half of teaching is being done by non-tenured, contract academics staff,” she said. Still, high salaries are not out of line for a profession so highly educated that “most ofthem don’t get to start their careers until their early 30s.”
What else drives up these Canadian pay cheques? Almost all Canadian campuses are unionized, said Jones, andfar more of our professors are full-time, tenured staff than other countries such as the United States.
Canada’s university professorssaw their salaries climb by 46 per cent between 2001 and 2009 — nearly three times therate of inflation, which was 16 per cent, according to Statistics Canada.
“A lot of it has to do with the way that pay levels were set when new money came into the sector at the turn of the century (2000) and we were trying to compete with American institutions,” said education analyst Alex Usher of Higher Education Strategy Associates. “And then the dollar rose by 65 per cent. Andan extraordinary number of our institutions are trying to compete with the top tier of American universities.”
Physics professor George Luste is president of the University of Toronto’s facultyassociation, and he admits there are some blue-ribbon names on the U of T payroll.
“But they’re not typical,” he said. “It’s like having Bill Gateswalk into a poor village and immediately raise the averageincome. There may be some professors who are making$300,000 — but they also work in an area where housescan cost more than $1m.”
Though, some professors in Nigerian university system though commended the federal and state governments for increasing their wages, they called on to inject more funds into the provision of physical and academic facilities in the nation’s universities.
Source;http://www.punchng.com/education/nigerian-professors-among-best-paid-in-the-world/