2008-09 Salary Offers—Expected vs. Actual. Respondents to the survey conducted in the fall of 2007 reported a mean expected salary offer of $80,602 for academic year 2008-09. Respondents to the current survey report a mean actual salary for the 2008-09 academic year of $86,292 or 7.1 percent above what was expected. As seen in Panel A of Table 4, the difference between actual and expected salary offers ranged from an under-estimation of 5 percent for all PhD granting institutions to an under-estimation of 6.8 percent for Bachelor and Master degree granting institutions. These differences may, to some degree, be a result of compositional differences between the two samples. See Figure 1 for salary distributions.
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