A large number of faculty retirements in the next decade means that the demand for candidates will exceed the supply, making competition for the most promising faculty members more intense and costlier than ever.
And it’s not just competitive salaries that drive these sought-after professors. Increasingly, they require specialized equipment, sophisticated computer systems, travel support, and additional graduate assistants to be part of their research or performance teams.
Clearly, the start-up costs for a new faculty hire are substantial.
To meet the rising costs of hiring and retaining exceptional faculty, the Syracuse University requires funds to endow deanships, chairs and professorships, and for faculty recruitment and retention, start-up costs, and professional development. Our development team members would be happy to discuss these important gift opportunities with you.