By Liz Reisberg. Unlike our usual blogs, today’s missive is not exactly international in its focus. Rather it addresses a uniquely US phenomenon—salaries for university presidents that are out of control. Outside of the US, salaries for faculty and administrators at public universities are often defined by a civil service salary scale. It is difficult to know what presidents of universities in the private sector outside of the US earn, particularly when they are “owners” of their university, common in the case of developing economies. But I will venture to guess that even where presidents own their institution, that their annual income does not begin to approach the top US salaries revealed this week. FORTY-TWO college presidents in the US earn total compensation above $1 million (four of these receive BASE PAY more than $1 million); six of the 42 are earning more than $2 million. This is truly shocking to the rest of the world and not nearly shocking enough to us in the United States. Read more...
22 décembre 2013
Shame on us (as in U.S.)!
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