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AADO Panel – The Challenge of Fair Faculty Compensation Plans.
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Transcript of AADO Panel – The Challenge of Fair Faculty Compensation Plans.
AADO Panel –
The Challenge of Fair Faculty Compensation Plans
Panelists
• Dr. Carol R. Bradford, University of Michigan• Dr. Robert C. Kern, Northwestern University• Dr. Andrew H. Murr, UCSF• Dr. Randal A. Otto, UT San Antonio • Dr. D. Bradley Welling, Harvard University
Introduction
• Academic medicine is changing and this must be considered in compensating faculty moving forward
• Faculty should be rewarded for their contributions to the institutional and departmental goals and missions
• Faculty should be compensated fairly and equitably without bias
• Plans should be transparent and provide the faculty a clear understanding as to how their salaries are determined and what behaviors will affect their compensation
Introduction
• Clear metrics should be used for measurement of productivity
• Academic promotion carries with it financial reward• Plans across the SOM should have common threads
but have flexibility to reflect differences in work experiences and cultures for a given department
• Plans must be fiscally responsible
OBJECTIVES
• OHNS Productivity Database• Institutional Compensation Plan
Presentations• Panel Discussion• Questions
AADO Productivity Database
AADO Productivity DatabaseHow can this help
Capture the data needed to:- Fairly evaluate faculty efforts / productivity
-cFTE/rFTE/aFTE/eFTE- Assess impact of extenders / facilities - For departments whose clinical activity is compensated by benchmark $/wRVU
- define the benchmark- Effectively negotiate with leadership
- Academic- Clinical Affiliates
-Public-VA/Federal-State-County
-Private
AADO Productivity Database
Average clinical time for entire group (n=534)75.34%
Average time spent on administration (n=534)13.5 % Funded7.3 % Unfunded
Average time allotted for research (N=534)12.2 % Funded10.0 % Unfunded
Average amount of time allotted for teaching (N=534)7.5 % Funded 6.6% Unfunded
AADO Productivity Database
2012-13 2013-14 2015-16* N Median N Median N Median
FPRS 42 6771 15 7500 1General 57 6588 37 6,501 43H&N 98 9494 69 9,110 59Laryngology 37 8272 26 9028 23Otology 61 7471 39 7,378 38Pediatric 73 6944 68 7199 40Rhinology 44 7903 25 8615 25Sleep 5 5784 4 4370 2Uncategorized 24
All Otolaryngologists 417 7865 283 7592 282
AADO Productivity Database THANK YOU!
BaylorDukeHeny FordMontefioreThomas JeffesonTuftsUniv of ArkansasUniv of ChicagoUniv of FloridaUniv of KansasUniv of MiamiUniv of MichiganUniv of MississippiUniv of MissouriUniv of RochesterUniv of Texas – San AntonioUTMBWeill CornellYale
PANEL QUESTIONS
Panel Question
• What benchmarks are used for salary targets?
eg. AAMC median
Panel Question
• How does your local market impact salaries?
• Does your institution have recruitment tools to adjust for market forces?
Panel Question
• How are each of the missions of clinical care, research, and education recognized and rewarded?
Panel Question
• How is a clinical FTE defined? • How is protected research time
funded? -
How is the NIH salary cap for research intensive faculty handled?
• How is teaching rewarded?
Panel Question
• Are faculty able to calculate and alter, by choice of roles, their annual compensation?
Panel Question
• How is academic rank equity and gender neutrality ensured?
Panel Question
• What level of transparency should exist?
Panel Question
• What is the balance between salary and benefits?
Panel Question
• How is outside income managed? eg. medicolegal,
honoraria, etc.• Disclosure required?• Departmental or institutional taxation?• Able to direct funds to an academic
account?
Panel Question
• Does the department have to be profitable to pay bonuses?
Panel Question
• How is your compensation planned revised?
Audience Questions
AADO Productivity Database
AADO FPSCMGMA private
MGMA acad.
2012-13 7865 8356 7084 7849
2013-14 7592 7569 6743 7643
2014-15
AADO Productivity Database
Clinical (cFTE)-Clinical (cFTE) expectation for academic otolaryngologists-RVU’s/ cFTE by subspecialty-Impact of extenders-Understanding outliers
Administration (aFTE)-Funded-Unfunded
Research (rFTE)-Funded-Unfunded
Education (eFTE)-Funded-Unfunded
Department -? Benchmarks of compensation for clinical activity to departments
Institutional Compensation PlansOf Panelists
• What are your salary components? • A,B,C = Base salary, “performance
based” salary, “incentive based” salary?
• What metrics are used?