On PPP (puchasing power parity) basis faculty in public institutions in India are better paid than in most other countries

June 21st, 2012

(Thanks to Prof. Moshe Vardi of Rice University for this pointer.)

This is based on the data made available at http://acarem.hse.ru/data where the faculty compensations (both salaries and perks such as housing) are compared on a PPP (purchasing power parity) basis in 26 countries. Following are some bullet points based on that data.

  • In terms of academic salaries of entry level faculty at public universities the list with the per month salary in PPP US Dollars is: Canada (5733), Italy (5029), US (4950), Germany (4885), Norway (4491), UK (4077), India (3954), Australia (3930), South Africa (3927), Israel (3525), Netherlands (3472), Saudi Arabia (3457), Argentina (3151), Japan (2897), Malaysia (2824), Nigeria (2758), Czech Republic (2562?), Turkey (2027), France (1973), Columbia (1965), Brazil (1858), Mexico (1336), Latvia (1087), Kazakhstan (1037), Ethiopia (864), Russia (433), Armenia (405), China (259).
  • In terms of academic salaries of top level faculty at public universities the list with the per month salary in PPP US Dollars is: Canada (9485), South Africa (9330),    Italy (9118), Saudi Arabia (8524), UK (8369),  Malaysia (7864), Australia (7499),  India (7433), US (7358), Netherlands (7123), Germany (6383), Israel (6377), Nigeria (6229), Norway (5847), France (4775), Japan (4604), Brazil (4550),  Argentina (4385), Columbia (4058), Czech Republic (3967), Turkey (3898), Mexico (2730), Latvia (2654), Kazakhstan (2304),    Ethiopia (1580), China (1107), Russia (910), Armenia (665).
  • In terms of ratio of monthly salaries to GDP per capita per month for entry level faculty at public universities: Ethiopia (130%), Nigeria (116%), India (110%), South Africa (45%), Argentina (23%), Columbia (23%), Malaysia (20%), Turkey (19%), Brazil (18%), Italy (16%), Canada (13%), Germany (12%), Israel (12%), Saudi Arabia (12%), UK (11%), US (11%), Czech Republic, Mexico (10%), Australia (8%), Japan (8%), Netherlands (8%), Armenia (7%), Kazakhstan (7%), Norway (7%), France (6%), Latvia (6%), China (4%), Russia (2%).
  • In terms of ratio of monthly salaries to GDP per capita per month for top level faculty at public universities: Nigeria (262%), Ethiopia (238%),  India (207%), South Africa (107%), Malaysia (56%), Columbia (47%),  Brazil (43%), Turkey (36%),    Argentina (32%),   Italy (30%), Saudi Arabia (29%),   Canada (22%), Israel (22%), UK (22%), Mexico (21%), Germany (17%),  Australia (16%), Kazakhstan (16%), Latvia (16%), US (16%), China (15%),  Czech Republic (15%), Netherlands (15%), France (14%),     Japan (13%),  Armenia (12%),  Norway (9%),   Russia (5%).
  • Housing:
    • Provided to all by law: India, Latvia, Nigeria
    • Widely used to attract best faculty: China, Saudi Arabia
    • Important part of contract negotiations: Kazhakstan, Turkey
    • Not influential in contract negotiations: Canada, Ethiopia, Japan, South Africa, UK
    • Not offered: Rest
  • Retirement funds
    • Not offered: Kazakhstan
    • Widely used to attract best faculty: UK, China, Canada
    • Provided to all by law: Rest (includes India)

One can also use the numbers in http://www.bbc.co.uk/news/magazine-17543356 to do further comparison. For example, the average income in India is $295/month in PPP dollars. So an entry level faculty in a public university in India earns $3954/295=13.4 times of an average Indian. In contrast, an entry level faculty in a public university in US earns $4950/3263= 1.52 times of an average American.

Entry Filed under: Foreign Universities in India,Universities of Innovation,What is a world class university?

4 Writeup

  • 1. Biswa  |  June 23rd, 2012 at 12:36 am

    Awesome data point! I will share it with few of my friends, who would surely appreciate it. We should make it public, so that people are aware, that being a Professor in India is not a financial loss… but rather a good gain.
    Hope, it can stop the virtual ‘brain drain’ of ‘teaching’ as a profession to other professions.

  • 2. bijoy  |  June 25th, 2012 at 8:09 pm

    Thanks for the update. Sir, you were on leave probably….

  • 3. Chitta Baral  |  June 25th, 2012 at 8:13 pm

    These days I post more in facebook https://www.facebook.com/odishagrowth as it takes less time to do that.

  • 4. Sribaccha Patel  |  July 11th, 2012 at 2:59 am

    $4950/3263 – This is wrong. $3263 is family income in United States not individual income.

    Also can you guys remove … (Rest Edited: Its our blog and we include what we want. You can keep your advice to yourself.)


Calendar

June 2017
M T W T F S S
« Feb    
 1234
567891011
12131415161718
19202122232425
2627282930  

Most Recent Posts