A large state university requires each college to submit an annual report that includes the average salary
Question:
A large state university requires each college to submit an annual report that includes the average salary of teaching faculty by rank, by rank and gender, and by rank, gender and racial diversity.
REQUIRED
A. Identify the GRI Core Indicator addressed by the University’s required report.
B. Faculty members are paid salaries, although some programs pay supplemental compensation for teaching courses in addition to the regular load. Would the supplemental compensation be included in the GRI Core Indicator measure?
C. This measure may be misleading in the Department of Accounting because salaries for new hires have been inflating rapidly, whereas salaries for those who have been at the college for a number of years have not inflated much because of budget constraints. Explain how this factor might distort measurements in the annual report submitted to the university.
Step by Step Answer:
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott