We love Bucknell! So much in fact that we want to make it the best Bucknell it can be!
Help us help Bucknell to do right by its employees.
Over the past 5 years, Bucknell faculty and staff have seen their real wages decline by almost 8% because raises were below the rate of inflation.
The standard measure for inflation is CPI-U, or Consumer price Index for all Urban Consumers, which measures U.S. consumer prices based on a representative basket of goods and services. While the data below pertains to faculty salaries, University policy is that the faculty and staff salary pool increases are the same.
Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Inflation (CPI-U) (12 months to June of Year) | 1.65% | 0.65% | 5.39% | 9.06% | 2.97% | 2.97% |
Faculty Pool Increase | 2.50% | 0.00% | 1.75% | 3.50% | 5.25% | N/A |
Faculty Across-the-Board Increase* | 2.00% | 0.00% | 1.25% | 3.00% | 4.75% | 3.90% |
Real Wage Increase (one-year, across-the-board) | 0.35% | -0.65% | -4.14% | -6.06% | 1.78% | 0.93% |
Over the same period, the University’s endowment has grown by an average of 9% per year from a total market value of $ 800 million to $1.1 billion.
Source: Bucknell Endowment Report Fall 2023 (Audited).
.
Source: Bucknell Endowment Report Spring 2024 (Unaudited)
They’ll cite the lower cost of living in Central Pennsylvania. They’ll tell us to look at our peer institutions (seemingly always shifting to get the “right” numbers) who have also managed to hold down faculty and staff salaries. They might even cite the $5,000 pandemic bonus those of us who worked through the pandemic received.
But the fact remains that as the university’s wealth has been growing, the administration has been shirking workers in the long run with impacts on our families and communities across the region.
When we ask for CPI+5% for all employees we are just asking for fair compensation to begin repairing the harm done by the university’s administration. We’re asking the administration to do right by us workers and help us make a better Bucknell.
Since the university has shown itself unwilling to compensate workers fairly, each of us has two options for increasing our pay:
AAUP Bucknell is the only organization on campus advocating for higher wages for all workers.