* Institution Type: Professors at Ivy League universities or wealthy private institutions earn significantly more than those at smaller public colleges or community colleges.
* Rank: The professor's rank (Instructor, Assistant Professor, Associate Professor, Professor) heavily influences salary. Professors at the full professor level earn the most.
* Discipline: Some fields, like engineering, business, or medicine, command higher salaries than others, like humanities or social sciences.
* Years of Experience: Salary typically increases with years of experience and tenure.
* Location: Cost of living plays a role; professors in high-cost areas like New York City or San Francisco will generally earn more than those in less expensive locations.
* Research Funding: Professors who bring in substantial research grants often receive supplemental income.
To get an hourly rate, you would need to take the professor's annual salary and divide it by the number of hours they work per year. However, this is difficult because:
* Annual Salary Data is More Common: Salary information is usually reported annually, not hourly.
* Work Hours Vary Widely: The number of hours a professor works varies greatly, encompassing teaching, research, advising, committee work, and other administrative duties. It's not a standard 40-hour work week.
Therefore, while you can find average annual salaries for professors online, calculating an accurate hourly rate is impractical without specific details about the individual professor and their employment situation.