| 22.05.09 Many Specialists at Private Universities Earn More Than Presidents |
While generous compensation packages for college presidents have come under increasing public scrutiny, other university employees often earn far more.
Yale pays the most to its financial officer, David F. Swensen.
In fact, of the 88 private-college employees who made $1 million or more in the 2007 fiscal year, only 11 were chief executives, according to The Chronicle of Higher Education’s analysis of compensation packages of more than 4,000 employees at nearly 600 private colleges.
The top two earners were a football coach at the University of Southern California and a Columbia University dermatology professor, each of whom received more than $4 million.
Pete Carroll, the head football coach at U.S.C., received $4,415,714 in 2007, about four times as much as the president of the university, Steven B. Sample. Dr. David N. Silvers, the Columbia dermatologist, received $4,332,759, compared with $1,411,894 for Lee C. Bollinger, the president of the university. And he was not the only Columbia employee who out-earned the president: Dr. Jeffrey W. Moses, a professor of medicine, received $2,532,713.
LinkedinDiggFacebookMixxMySpaceYahoo! BuzzPermalinkBy TAMAR LEWIN
http://www.nytimes.com/2009/02/23/education/23pay.html?_r=1
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