Courier-Journal: University of Louisville official given a $1 million buyout
Two months after the University of Louisville acknowledged it was paying a former lobbyist for not working, the university has confirmed it is providing more than $1million in pay and benefits to another employee asked to leave his job last year.
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Posted in Administration, Ethics, Salary/Economic Benefits
Inside Higher Ed: How Fast Is Fast Enough?
SAN JOSE — At a forum for adjunct faculty members Saturday, organizers asked participants to write down notes about their concerns about job security and compensation issues. The first note read aloud asked: “How do we get multi-year contracts?” To which one adjunct in the crowd shouted: “How can we get one-year contracts?”
The differing perspectives reflected in the exchange were present throughout the forum and other sessions here at the biennial joint meeting of the higher education divisions of the American Federation of Teachers and the National Education Association. Both unions have placed more emphasis on adjunct issues in recent years — and both can point to organizing drives and contract successes as a result.
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Posted in Contingent labor, Salary/Economic Benefits, Working conditions
Tagged adjuncts, Contingent labor, Salary/Economic Benefits, Working conditions
Inside Higher Ed: No Increases for Mid-Level Pay
The median raise for mid-level administrators — across job categories — was no raise at all in 2009-10, according to an analysis being released today by the College and University Professional Association for Human Resources.
This is the first time in the 12 years that CUPA-HR has been conducting the survey that there was no increase. However, the results are not surprising, given that recent reports by the association have found no median increases in salaries for either senior administrators or faculty members.
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Posted in Administration, Salary/Economic Benefits
Inside Higher Ed: Salaries Fell for 32.6% of Faculty
The median salary change for faculty members in 2009-10 was 0 percent — and for many professors, no change would have been better than the decreases they experienced.
The figures on faculty salaries come from the College and University Professional Association for Human Resources, which is today releasing its annual report on faculty salaries. The CUPA-HR report focuses on overall trends and disciplinary averages. The American Association of University Professors, which is due to issue its report next month, also releases institution-by-institution information
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Posted in Salary/Economic Benefits
Tagged faculty pay, pay cuts, Salary/Economic Benefits
The Chronicle: Average Faculty Salaries by Field and Rank at 4-Year Colleges and Universities, 2009-10
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Posted in Salary/Economic Benefits
The Chronicle: One-Third of Faculty Members See Dip in Their Salaries
More than a third of all college faculty members took a pay cut during 2009-10, and overall faculty pay showed no salary increase, according to a report released this week. The results are in contrast to those in the recent past, when professors’ pay increased nearly 4 percent per year.
The College and University Professional Association for Human Resources, which conducts the annual survey, says only faculty members at private doctoral institutions saw a salary increase of any significance, and it was about 1.7 percent, on average.
The association collected data from more than 200,000 faculty members and 4,000 researchers for the period September 2009 to January 2010. Overall faculty pay showed no growth since last year, compared with average growth of 3.7 percent in 2008-9 and 4 percent in 2007-8.
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Posted in Salary/Economic Benefits
Tagged pay cuts, Salary/Economic Benefits
Bloomberg: Sarbanes-Oxley Lifts Some Directors’ Pay Higher Than $1 Million
Feb. 12 (Bloomberg) — The Great Recession hasn’t stopped pay increases for company boards. According to compensation consultants Pearl Meyer & Partners, the typical director of a large corporation made $216,000 last year, up from $129,667 in 2003…
Shirley Ann Jackson 2008 board pay: $1,346,648 (Public Service Enterprise Group, $213,110; NYSE Euronext, $225,016; Medtronic, $193,275; FedEx, $210,548; IBM, $229,699; Marathon Oil, $275,000) Jackson’s day job is pretty lucrative, too. As president of Rensselaer Polytechnic Institute, she was paid $1.6 million in 2008. She was unavailable for comment.
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Posted in Salary/Economic Benefits
Tagged corporate boards, Corporate University, RPI, Salary/Economic Benefits, University presidents
The Chronicle: Paychecks Stagnate for Presidents of Many Public Universities
The bad economy is putting the brakes on pay increases for public-university leaders. Base salaries stopped growing last year for more than one-third of the 185 public-university chief executives included in a new Chronicle survey, while 10 percent of those top leaders experienced a decline in total compensation. Many of the cuts came from voluntary reductions in pay and benefits as the economy whittled away at campus budgets.
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Posted in Administration, Salary/Economic Benefits
Charlotte Observer: UNC system clamps down on leave pay
Chancellors had been taking long leaves at full salary, and then retiring or taking new jobs.
CHAPEL HILL The UNC Board of Governors has revised a policy that spent hundreds of thousands of dollars on UNC administrators who were supposed to return to teaching but instead retired, took other jobs or were eased out of their jobs.
Campus chancellors – and the UNC system president – will now get a six-month leave after stepping down at a salary comparable to what other faculty members in their academic departments earn. Previously, the “retreat rights” policy allowed a year of leave at the full administrative salary.
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Posted in Administration, Salary/Economic Benefits
Tagged Administration, Salary/Economic Benefits, U of North Carolina
The Chronicle: Hawaii Faculty Union Asks Court to Block Pay Cuts and Order Arbitration
The union for faculty members at the University of Hawaii filed a motion today asking a state court to block pay cuts recently announced by the system’s president, M.R.C. Greenwood. Ms. Greenwood has agreed to personally join in a mediation session with the union over stalled contract talks, but she has rejected a union grievance demanding that she retract the salary cuts, which would show up in checks issued January 15. The union now wants the court to temporarily halt the cuts and order arbitration of its demands.
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Posted in Legal issues, Salary/Economic Benefits, Unions
Tagged arbitration, grievances, Legal issues, pay cuts, U of Hawaii, Unions
The Chronicle: U. of Hawaii Faculty Union Files Grievance Over Pay Cuts
The union for faculty members at the University of Hawaii hand-delivered a grievance to the system’s president, M.R.C. Greenwood, on Monday, demanding that she retract a letter she wrote last week to tell professors their pay would be cut by 6.7 percent.
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Posted in Salary/Economic Benefits
Tagged pay cuts, U of Hawaii, Unions
Austin American Statesman: Mack Brown’s salary deemed ‘unseemly’
Vote at UT Faculty Council meeting was unofficial.
A resolution criticizing the $5 million pay package for University of Texas football coach Mack Brown as “unseemly and inappropriate” was approved in an unofficial vote at a Faculty Council meeting Monday despite an impassioned defense of the package by UT’s president.
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Posted in Athletics, Salary/Economic Benefits
Flathead Beacon: About 1,200 UM Employees Face 2-year Pay Freeze
BOZEMAN – The Montana Board of Regents has approved union contracts that freeze the wages of about 1,200 University of Montana employees for two years
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Posted in Salary/Economic Benefits
AP: Ranks of millionaire college presidents up again
The fast-growing group of millionaire private college and university presidents hit a new record in recent years, and it’s likely more college leaders will make seven-figure salaries once the slumping economy rebounds.
A record 23 presidents received more than $1 million in total compensation in fiscal 2008, according to an analysis of the most recently available data published Monday by the Chronicle of Higher Education. A record one in four in the study of 419 colleges’ mandatory IRS filings made at least $500,000.
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Posted in Salary/Economic Benefits
The Chronicle: Paychecks Top More Than $1-Million for 23 Private-College Presidents
Rensselaer’s chief tops the list at nearly $1.6-million
Shirley Ann Jackson had big plans when she was hired as president of Rensselaer Polytechnic Institute a decade ago. Shovels hit the ground soon after as part of a wide-ranging strategic plan that she directed. Ms. Jackson’s compensation matched her ambition, and just two years into her presidency she was the highest-paid private-college chief.
Now, after a decade on the job, she’s back on top again with a pay package of $1,598,247 for the 2007-8 fiscal year, the most recent data
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Posted in Salary/Economic Benefits
Herald-Leader: Ramsey’s $1.9 million
University of Louisville officials should provide a better explanation of the $1.9 million paid to President James R. Ramsey in 2007.
The payment might never have come to light if Herald-Leader reporter Ryan Alessi hadn’t stumbled across it while reviewing IRS filings by the University of Louisville Foundation.
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Posted in Salary/Economic Benefits
Tagged Salary/Economic Benefits, U of Louisville, University presidents
Calgary Herald: U of C president denies ‘lack of transparency’ on pension payout
$4.75 million pension payout
CALGARY – Faced with mounting anger over his multimillion-dollar pension payout –and a call from within the ranks of the board of governors on Thursday to account to the community over the contract–University of Calgary president Harvey Weingarten denied the claims of lack of transparency around the issue.
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Posted in Salary/Economic Benefits
Tagged pensions, Salary/Economic Benefits, U of Calgary, University presidents
Pacific Business News: UH faculty rejects 5% pay cut
University of Hawaii professors have rejected a proposed five percent pay cut and will instead make their own proposal on how the university can save money.
The University of Hawaii Professional Assembly, which represents 3,200 UH faculty members, said 86 percent of its members voted this week to reject the offer.
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Posted in Salary/Economic Benefits
Tagged pay cuts, Salary/Economic Benefits, U of Hawaii
CBC: Faculty calls president’s pension ‘obscene’
The outgoing University of Calgary’s president’s $4.5-million pension is “obscene,” says the faculty association in an open letter to the board of governors.
Harvey Weingarten’s controversial pension package, recently reviewed by Alberta Auditor General Fred Dunn, was the subject of a letter Wednesday from association president Anne Stalker.
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Posted in Salary/Economic Benefits
Tagged pension, Salary/Economic Benefits, U of Calgary, University presidents
The Chronicle: Kent State U. Says It Will Pay Bonuses to About 800 Professors
In a year when many college employees are going without raises or worse, more than 800 lucky faculty members at Kent State University will get cash bonuses, the result of an experimental incentive program the university started last year.
The bonuses are financed by a “shared success pool” based on how Kent State performs in three areas of strategic importance: freshman retention, external research support, and fund raising.
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Posted in Salary/Economic Benefits
Tagged bonuses, incentive pay, Kent State U, Salary/Economic Benefits
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