Salaries at Stevens

At Stevens Institute of Technology, located in Hoboken, New Jersey, salary expectations for faculty and staff are typically determined by factors such as role, academic rank, years of experience, and field of expertise. Salaries often vary significantly between disciplines, with STEM fields generally commanding higher compensation due to market demand and research funding opportunities. While Stevens Institute of Technology does not publicly publish detailed salary bands or transparent pay scales on its official website, some data may be inferred from industry standards, job postings, and third-party sources. The university adheres to competitive compensation practices to attract and retain talent in a highly competitive academic environment near New York City.

• Assistant Professor: Typical salary range is approximately $80,000–$100,000 USD per year, depending on the department and research focus. Entry-level roles may start lower, with potential increases based on tenure track progress.
• Associate Professor: Average salary range is around $100,000–$130,000 USD annually. Mid-career faculty often see salary growth tied to research output, publications, and teaching evaluations.
• Full Professor: Salaries typically range from $130,000–$180,000 USD or higher per year, reflecting seniority, leadership roles, and significant contributions to the university or field.
• Administrative Staff (e.g., Program Coordinator): Salaries generally fall between $50,000–$70,000 USD per year, influenced by role scope and experience level.
• Department Chair: Compensation often ranges from $150,000–$200,000 USD annually, with additional stipends or bonuses for administrative duties and fundraising success.

Salaries at Stevens Institute of Technology are generally competitive within the private university sector, particularly given its proximity to a major metropolitan area with a high cost of living. Compensation often benchmarks against similar institutions in the region, and progression typically depends on performance reviews, grant acquisition, and institutional budget priorities. While exact figures for specific roles are not always publicly disclosed, the university appears to prioritize aligning pay with market trends to remain attractive to top talent in academia and administration. Employees may also benefit from additional perks such as professional development funding or housing assistance, though these vary by position.