Mac Iit

Submitted by: Submitted by

Views: 263

Words: 977

Pages: 4

Category: Business and Industry

Date Submitted: 11/22/2011 03:25 PM

Report This Essay

Unit-based work measurement system was introduced to replace the old system in order to incentivize research and publication; faculty paid on a base salary + bonus at a rate of INR300/unit

The good: transparent, objective and allows faculty to plan activities and know his compensation with relative certainty, also well-received by users and perceived as more fair than a subjective system, also to some extent takes quality into account (ie student feedback) -> These strengths should be maintained; should not scrap or drastically change the unit-based system which can lead to faculty dissatisfaction and higher turnover (violates KSF)

Although the system rewards units for research and executive education, the current implementation has major flaws and does not promote goal congruence.

Overall problems:

Max ceiling for unit rewards -> Faculty who can reach max with just admin and teaching do not have incentive to research, which is more valuable

Bonus structure is the same for all levels of faculty who earn different base salaries -> Thus faculty with lower starting salaries are incentivized more as bonus makes up a larger percentage of total compensation, yet they are the youngest & least reputable, and least capable to deliver research / publications which are CI’s goals

Number of units allocated to each activity is subjective and does not offer strong incentive for research.

Teaching a course: 90 units -> 45 units/course

Serving as program chairperson: 40-60 units

International publication: 50 units

A faculty would be indifferent among the three.

Problems with rewarding teaching:

Reward strongly tied to quantity of teaching (ex. teaching larger class sizes & teaching more sections reward more units) -> this is not fair as faculty have no control over neither

Faculty who have a large teaching load do not have incentive nor time to do research, publications and EEP; -> Higher teaching load does not help reach higher rankings; faculty can replace...