A Survey on Faculty Summer Compensation in Accounting

Many colleges and universities have paid faculty approximately one-ninth of their annual base salary to teach a summer course for years. Since more accounting schools and departments have become separately accredited by the Association to Advance Collegiate Schools of Business (AACSB), there has been increased pressure to increase research output. Additionally, many states have seen reductions in higher education funding. Therefore, universities have tried to use summer school as a new funding source by increasing enrollment minimums in summer classes and reducing summer school pay rates for faculty. This study incorporates a 26-question survey sent to 580 directors and chairs of accounting programs listed in the 2023-2024 Hasselback Accounting Directory (Hasselback, November 2023). There were one hundred seventy-seven usable responses received. This paper summarizes and analyzes these responses.