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Retention of talented academic researchers: Evidence from a government intervention
Author(s) -
Courty Pascal,
Sim John
Publication year - 2015
Publication title -
canadian journal of economics/revue canadienne d'économique
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 69
eISSN - 1540-5982
pISSN - 0008-4085
DOI - 10.1111/caje.12175
Subject(s) - compensation (psychology) , government (linguistics) , psychological intervention , intervention (counseling) , medical education , economic interventionism , psychology , political science , public relations , medicine , law , social psychology , linguistics , philosophy , psychiatry , politics
The Canada Research Chairs (CRC) Program is designed primarily to retain academic talent in Canadian universities by providing targeted grants to outstanding researchers. Once awarded a chair at her home university, a researcher's compensation increases by 6.3% on average, with a significant decline over CRC tenure. Furthermore, the chance of the researcher changing jobs does not decrease. Although universities report spending more than half of the grant on compensation, only a small portion of the grant can be accounted for as a compensation increase. This demonstrates the difficulty in designing government interventions to have an impact on academic retention.