Board had increased Egyptian salaries by 203 and American/foreign salarie8 by 303. He went on to suggest that this May the Board would be in a position to achieve the IIA average even if the Egyptian pound was devalued to 3LE to the dollar. Mr. Hannon asked Dean Gibson to explain how he "sells" the AUC compensation package during the recruitment of new American faculty. Dean Gibson replied that the salary scale is based on experience rather than on quality or on differing levels according to discipline. For that reason, AUC has few American or foreign hire faculty in the science, management or engineering departments. Dean Gibson noted that the Trustee supplements helped bring in some good faculty, but that it was still insufficient to brin...