For
lecturers? BWHAHAHAHAHAHAHAHAHAHAHA! Sniff. Sniff. Oh, I haven't laughed that much in a while. Sorry. I couldn't help myself. But, seriously, now ...
Please do be careful to separate "tenured professors" who earn a salary and do research from "lecturers" who get paid by the course and do not do research.
"Tenured professors" get paid ... oookay ... sorta. "Lecturers" get paid absolute garbage.
I know that Stanford, for example, paid $4000 per course in the CS department not that long ago. Yes, "nominally" that class was only 6 hours per week lecturing so it looks like that's $55/hr. In reality, if you want to do a good job teaching that class, it's a 40 hour per week commitment for 12 weeks--which means you earn below both minimum wage and McDonald's.
Alternatively, you can give that same course to professionals and get paid $4K per person for a one week course.
Being a good lecturer is more akin to social work than a job.