Showing posts with the label college president pay

Are Changes in College President Compensation Likely?

Corporate concepts of CEO pay are beginning to make their way into the world of traditional higher education. Stephen Pollack from a human resource consulting firm in San Francisco states “ Corporate concepts are just starting to drift into academia, and they have to ” ( 1 ).   Recent concerns about college presidents performance mixed with the relative static nature of higher education institutes are bubbling up.  College performance has been under an increasing microscope and retention has become a larger issues. University education is expensive and some are wondering about the cost and benefit of certain programs. As universities increase in competitiveness some boards are considering using additional performance pay metrics with university presidents.  Likewise, the Department of Education is seeking to use data metrics to evaluate the success of universities in educating students for the job markets ( 2 ). The pressure for performance is rising and presidents are like