AHFME Academic Member 2004 Annual Earnings Survey

Raymond S. Schmidgall

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Hospitality and Tourism Education Higher Education Governance and Development Labor market dynamics and wage inequality

Abstract

This study was conducted to determine the 2004 annual earnings of hospitality financial management educators. Sixty percent of AHFME’s members affiliated with educational institutions responded. Annual base salaries ranged from $45,000 to $192,000. The lowest-paid member is an instructor while the highest paid member is a full professor. Most respondents supplement their base salaries by both teaching during summer school and consulting. The total annual earnings of members ranged from $45,000 to $254,600. Hospitality financial management educators appear to be more highly compensated than the average college professor.

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