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Pay for Public-University Executives Rising Despite Criticism

May 22, 2012, 11:34 am

Public anger over the salaries of public-university presidents has not affected what many of the institutions are paying their leaders, according to a recent report in The Chronicle of Higher Education.

The report points out that in 2010-11, the median total compensation for public-college presidents stood at $421,395, a 3-percent increase from the previous year.

In 2009 and 2010, the median increase in executive compensation for leaders of charities and foundations was 2 percent, according to The Chronicle of Philanthropy’s most-recent annual survey of executive compensation and benefits.

Experts said that while many charities and foundations budgeted last year for a 3-percent increase in 2012, the salaries at public universities have been, in most cases, much higher than those at other types of nonprofit groups. For example, the highest-paid president of a public university was paid more than $1.9-million in 2010-11, while the highest-paid official of a non-university nonprofit earned $1.6-million in 2010.

 

 

 

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