Salaries at Davenport

At Davenport College of Business in Grand Rapids, salary expectations for faculty and staff are typically determined by a combination of role, academic rank, years of experience, and field of expertise. Salaries often vary significantly between academic disciplines, with business, technology, and healthcare-related fields generally commanding higher compensation due to market demand. While specific salary data for Davenport College of Business is not widely published in transparent bands, the university adheres to industry standards for higher education institutions in the region. Compensation is also influenced by whether a position is full-time, part-time, or adjunct, as well as individual qualifications and performance metrics.

• Assistant Professor: Typical salary range is $60,000–$75,000 USD annually, depending on the department and prior teaching experience. Entry-level roles may start lower but often include opportunities for research funding.
• Associate Professor: Average salary range is $75,000–$90,000 USD per year, reflecting mid-career status and increased responsibilities such as mentoring and curriculum development.
• Full Professor: Salaries typically range from $90,000–$120,000 USD annually, with senior faculty often earning more based on tenure, publications, and leadership roles.
• Academic Dean: Compensation generally falls between $100,000–$150,000 USD per year, often including administrative bonuses and incentives for strategic initiatives.
• Administrative Staff: Roles such as program coordinators or admissions officers earn between $40,000–$60,000 USD annually, with variations based on experience and department size.

Salaries at Davenport College of Business appear to be competitive within the context of private universities in the Midwest, though they may not always match those of larger public research institutions. Career progression often involves incremental raises tied to tenure, promotions, or additional responsibilities, with periodic reviews to align compensation with market trends. Since exact figures and salary bands are not publicly disclosed, prospective employees are encouraged to negotiate based on their qualifications and to inquire directly with the university's human resources department for the most accurate and up-to-date information regarding compensation packages.