yale university president salary yale university president salary

Gutmann, the eighth president of the University of Pennsylvania (Penn), was the second highest-paid female university president in 2019. View details. 94,500. The total pay amount is an increase from the $977,219 he made in 2014. Yale University Dislikes. In New Haven, Yale President Peter Salovey earned $1.16 million in total pay during the 2015 calendar year. How much America's top 50 highest-paid private-university presidents make? All rights reserved, 3 Prospect Street, New Haven, CT 06511 | P.O. Biography. The average salary for a full professor at a private doctoral university is nearly $203,000, while the salary for a full professor at a public baccalaureate college is just over $99,000. Here are the highest-paid university presidents from private and public colleges in the US: Ratio of total compensation to average full-professor salary: 16:1, Ratio of total compensation to average full-professor salary: 9:1, Ratio of total compensation to average full-professor salary: 4:1, Ratio of total compensation to average full-professor salary: 11:1, Ratio of total compensation to average full-professor salary: 12:1, Ratio of total compensation to average full-professor salary: 27:1, Ratio of total compensation to average full-professor salary: 10:1, Ratio of total compensation to average full-professor salary: 13:1. Who would say no to being in charge of Harvard? Quinnipiac, Yale presidents top list of college salaries in Connecticut, Hamden school board member Walter L. Morton IV to run for mayor, New Haven's 'Tent City' residents get a reprieve, for now. Less spending, investment loss: Quinnipiac's financial standing when COVID-19 began, Quinnipiacs 2018 finances give insight in how COVID-19 accelerated past spending, Olian earns $524K during her first six months as president, Less spending, investment loss: Quinnipiacs financial standing when COVID-19 began. Today's episode is with DanRam. "There has never been as great a discrepancy in higher education between those who are the highest paid and those who are the lowest paid," William Tierney, professor and co-director of the Pullias Center for Higher Education at the University of Southern California, told The Washington Post. For most executives, base pay accounted for less than half of their total compensation for the year. Since the salaries in the 990 form were reported by calendar year (2019) instead of fiscal year, Olians income did not include. The Top 10 Highest Paid Private College Presidents: By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. Sadie Peart scores overtime winner, sends Quinnipiac to ECAC Hockey Semifinals, Former USA Today editor-in-chief discusses gender equity in media at QU, Sustainability, budget cuts and diversity discussions dominate SGA State of the QUnion. Based on the current Yale University - YUSOA contract, the hourly rates in effect for new hires as of January 16, 2022 are posted below. University Policies, Procedures, Forms, and Guides, Student and Temporary Employee Salary Rates. Even as students struggle with rising college costs, university presidents rake in millions amid rapid increases in salaries, bonuses, benefits, and perks. The most recent years' compensation totals show high base pay rates with even higher bonuses and other pay. Beyond the surge in overall compensation, the way in which university presidents get paid also has transformed. Administrative Vice Presidents. *Effective July 1, 2022. Salt Lake City, UT. Senior Editor/Reporter, The Huffington Post. The Highest Paid Private College Presidents, Rensselaer Polytechnic Institute, $1,752,642, Florida Institute of Technology, $1,884,008, presidents of private colleges were compensated, Curt Nickisch pointed out a couple years ago. In 2019, Klasko's base pay was over $1.9 million. . Centerbrooks worked on the Learning Commons offices and On the Rocks pub on York Hill. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. University of Pennsylvania President Amy Gutman ($3.1 million) was the top-earning Ivy League school president. . $36,853 / yr. PhD Graduate Student salaries - 159 salaries reported. The Office of the Secretary and Vice President for University Life processes all university diplomas and letters of introduction , and manages the awarding of prizes (departmental, academic, college, and athletic). This category of expenditures also includes: the operation of dining halls that provided 2,884,447 meals to students, faculty and staff; maintenance of dormitories housing 4,988 undergraduates and 1,161 . As president, Daniels has focused on enhancing student access and reducing barriers to higher education. Wallace has led Savannah College of Art and Design for over four decades, since founding the institution in 1978. The University's compensation structure consists of many salary grades and bands. In 2019, among 11 Connecticut four-year private colleges and universities with the 2019 fiscal year 990 forms available as of July 6, the Quinnipiac presidents salary came in fourth. Vincent J. Scully Professor of Philosophy, Professor of Psychology and Cognitive Science, Office of Faculty Administrative Services, Ladder Faculty Appointments & Promotions (FASTAP 2007), Ladder Faculty Appointments & Promotions (FASTAP 2016), Scholars as Leaders; Scholars as Learners (SAL2). Peter Salovey is the twenty-third president of Yale University and the Chris Argyris Professor of Psychology. The wage ranges listed below are broad since many types of positions are included in each of the grades/bands. The IRS Form 990 (2015 for the year beginning July 1, 2015 and ending June 30, 2016) reports 3,585 individuals received more than $100,000 in compensation with the 22 most highly compensated individuals listed below: As illustrated above, the most highly compensated individuals work in investments managing the $26 billion in assets. "What higher education is doing is mirroring the behaviors of the corporate world.". Machtley, 70, announced last May he would retire at the end of the 2020 school year. Architectural company Apicella + Bunton received $1.04 million from the university in 2019. But Faust is "one of the least-well-compensated presidents relative to budget," the Chronicle says. Architectural company Centerbrook, one of Quinnipiacs lead architects that was. Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing . How Revenue is Spent at the AFL-CIO(2020), $4,238,803: David F Swensen, Chief Investment Officer, $3,204,864: Dean J Takahashi, Sr. Director of Investments, $1,790,227: Timothy R Sullivan, Director of Investments, $1,530,354: Khalid M Abbed, Chief Neurosurgery, Spine, $1,487,113: Alan Forman, Director, Investments, $1,366,401: Peter Salovey, Trustee and President, $1,171,984: Masoud Azodi, Professor, OB/GYN, $1,099,606: Peter G Shulam, Chair, Dept of Urology, $ 917,138: Robert J Alpern, Dean, School of Medicine, $ 639,608: Michael A Peel, VP for HR and Administration, $ 610,539: Bruce D Alexander, VP for New Haven and State Affairs, $ 573,359: Dorothy K Robinson, Former VP and General Counsel, $ 568,149: Alexander E Dreier, VP and General Counsel, $ 556,311: Linda K Lorimer, Former VP for Global and Strategy Initiative, $ 551,009: Joan E ONeill, VP for Alumni Affairs and Development, $ 545,706: Shauna R King, VP for Finance and Business Operations, $ 512,150: Scott A Strobel, VP for West Campus Planning, $ 454,276: John H Bollier, AVP for Facilities, $ 433,866: Kimberly M Goff-Crews, Secretary and VP for Student Life, $ 416,642: Stephen C Murphy, VP for Finance and CFO, $ 331,944: Michael J Donoghue, Former VP for West Campus Planning, $191,174: Patricia Preisig, spouse of Robert Alpern, a key employee, for compensation as a professor of medicine, $152,892: Stephanie Markovits, spouse of Benjamin Polak, an officer, for compensation as an English Professor, $108,195: Ricecan Realty, LP, (trustee and family members own more than 35%), for income distribution, $102,619: Wendy Sharp, spouse of Dean Takahashi, a key employee, for compensation as Lecturer of Music, $ 65,308: Marta Moret, spouse of Peter Salovey, an officer, for compensation as an Associate. The personnel committee sets salaries with an eye to attracting and retaining highly qualified and highly motivated executives, based on an annual review of agreed upon goals.. Considering the relatively low cost of living in the New Haven area, the resident salaries are highly competitive. Should professors be worried? He holds secondary faculty appointments in the School of Management, the School of Public Health, the Institution for Social and Policy Studies, and the Sociology Department. During his tenure, the university expanded from a one-campus, health sciences university into a professional institution with multiple campuses. Quinnipiac paid interior construction and furniture company Strategic Spaces $743,257 in 2019. Only King Abdullah of Saudi Arabia who recently funded the new King Abdullah University of Science and Technology with $20 billion has done more for a university anywhere in the world, he added. About $860,000 of Swensens 2014 compensation had been reported as deferred compensation in filings from previous years. Andrew Carnegie founded the Carnegie Institution of Washington (Carnegie Science) in 1902 as an organization for scientific discovery. According to the building permits Hamden issued for the air conditioning unit installations in the three residence halls in May 2019, the projects estimated cost for each hall was at $1.05 million. University Chief Investment Officer David Swensen earned $4.2 million in 2015, marking yet another year in which the man leading the management of Yales multibillion-dollar endowment remained the schools highest paid employee. A spokesman for Yale University was not immediately available for comment. to develop the 10-year master plan, also received $425,786 from the university in the same year. Here are the highest-paid university presidents from private and public colleges in the US: 15. Much like business-executive pay, university-president compensation has grown over the past decade. Bloomberg first reported Swensens 2015 pay package earlier this week, citing tax filings provided to the financial news service by Yale. 2021-22. The estimated additional pay is $107,942 per year. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. This contamination is a threat., Labor asks CT to regulate Amazon warehouse quotas, A CT man faces state charges. She made $449,579 during her last six months (January to June 2018) as a dean of school of management at the University of California Los Angeles. The amount did not include scholarships it offered to international students. The year before (2015), Yale reported $5.5 billion in revenue and $3.3 billion in expenses (not including $259 million in depreciation). Through reports, presentations, op-eds, correspondence, web content, remarks, and collateral material, the senior writer will translate complex concepts into powerful language for a . YALE NEW HAVEN HOSPITAL 20 YORK STREET, NEW HAVEN, CT 06504 www.ynhh.org. The study was based on data from the 2015 calendar year and found the average pay for private college presidents who served a full year in 2015 was $569,932, according to a release from The Chronicle. Gerken, the Sol & Lillian Goldman Professor of Law, became Dean in 2017 and is the first woman to serve in this role. President, Chabot College Position Type: Management Tenure Information: Position Code: 2EPR01 FTE: 1.0 Pay Rate (or Annual Salary): $217,500. For the academic year 2021-2022, at Yale University, The Professor salary is increased by 4.08 % from $240,374 to $250,192 over 606 Professors. The unspent portion of revenue more than a billion in 2016 and $2 billion in 2015 went to the net fund assets, a portion of which was offset by unrealized losses on investments. Laheys base pay of $1.06 million was further supplemented by $17,672 in nontaxable pay and $377,496 in other pay, according to the study. Swensens compensation consisted of a salary and bonus as well as benefits and deferred compensation. Wesleyan University President Michael S. Roth made $871,182 and University of Hartford President Walter Harrison made $588,390 in total pay. Most of the highest-paid presidents preside over private colleges, but two public-university presidents made the top 15: Georgia State University President Mark P. Becker and former Auburn University President Steve Leath. Founded/President of High School Chapter. AAUP Faculty Salaries (W060) Faculty Salaries at Yale and Peer Schools (W061) Faculty Benefits at Yale and Peer Schools (W062) University Faculty Salary & Benefits (W107) Finance & Administration; Yale Community Diversity In recognition of her record of accomplishments and vision for the future, Yale University President Peter Salovey reappointed Gerken to a second term as Dean on Jan. 19, 2022. Based on the current Yale University-Local 35, FUE, Unite Here contract, the hourly rates in effect as of January 22, 2023 are posted below. During that year, Zeppos' compensation became the subject of debate, mainly due to the $2.9 million bonus he received that made up the majority of his pay as the university was facing budget cuts and layoffs. In 1841, James Smith Bush became the first member of the Bush family to attend Yale College (now Yale University). Dr. Holloway was provost of Northwestern University from 2017 to 2020 and a member of the faculty of Yale University from 1999 to 2017. Full Time Appointments. Executive Compensation at the International Fellowship of Christians and Jews (2020), Executive Compensation at UPMC (Pittsburgh, PA), Executive Compensation at the American Red Cross (2021), Executive Compensation at the Girl Scouts, Executive Compensation at the Girl Scouts (2021), Executive Compensation at Kaiser Health (2019), Executive Compensation at United Way (2019), Executive Compensation at UnityPoint Health, Executive Compensation at the San Diego Zoo Wildlife Alliance(2020). Yale University, which is right there with them, paid $1,652,543 to the now-retired President Richard Levin, placing him as the 10th highest paid. The number of presidents earning over $1 million is unusually high in 2015. Here are the 15 highest-paid public and private university presidents. An annual report by the Chronicle of Higher Education in December 2017 provides data on the executive compensation at private colleges. Those salaries were earned in the 2015 calendar year the most recent year available from the Internal Revenue Service, according to the Chronicle. A sector-by-sector look at changes in average annual pay for workers in noninstructional jobs from 2012-13 to 2020-21. . Salovey and Lahy were among a group of 58 presidents earning more than $1 million in 2015. Yale reported one housing loan in the amount of $100,000 to Scott Strobel, an officer. Meet President Salovey. The Office of the General Counsel (OGC) provides legal counsel, representation, and oversight of work on the wide range of legal matters affecting Yale University and its component organizations. Salary stipends for 2020-2021 are: PGY1 - $69,209 PGY2 - $72,670 PGY3 - $76,303 PGY4 - $80,118 PGY5 - $82,522 PGY6 - $84,885 PGY7 - $89,129 PGY8 - $93 . The Department of Chemistry and Physics at Saint Mary's College, Notre Dame, IN, is seeking to fill a one-year visiting assistant professor line in any sub-discipline of physics. Accessibility not specifically part of South Quad construction planning, university official says, Why QU law and other schools are dropping out of this popular college ranking. University President Peter Salovey, by comparison, was paid about $1.4 million in the same year. Where Does $100 to Shriners Hospitals Go(2020)? Bloomberg. His compensation has fluctuated greatly throughout his time at the university, reaching an all-time high of $4 million in 2016. CT proposal causes confusion, concern. Executive Compensation at the Alliance Defending Freedom(2020). Her annual pay was often the subject of debate during her tenure, particularly in 2016 when she earned $3.9 million 20 times the median salary of professors at Penn. It tracks the rising number of Yale administrators and how their salaries have soared, even as faculty pay has remained relatively stagnant. Many ancient pipes in CT aren't up to the task of draining storm water, yet officials just seem to shrug. Access your favorite topics in a personalized feed while you're on the go. . Everyone weve looked at makes more than the governor of their state., "What I find most fascinating is that presidents of public universities have higher salaries than any elected or appointed public official," said Wilde. Enter your email address to follow this blog and receive notifications of new posts by email. According to The Chronicles release, their study is based on latest available Form 990 tax filings of the 500 private and nonprofit colleges with the largest endowments. Forty-two presidents of private colleges were compensated with more than $1 million by their schools in 2011, up from 36 the previous year, according to a report released Sunday by the Chronicle of Higher Education on Sunday. Despite being the second highest-paid university president in 2019 due to his sizable compensation package for the year, Klasko's total pay in 2019 was an 18% decrease from the $5.4 million he earned the previous year. Posted 02/28/23. The director, parent gifts has responsibility for leading the university's thriving parent giving program to unprecedented levels of success in the context of the $7 billion For Humanity campaign and beyond. His eclectic background growing up in 10 countries on 4 continents, his multi-continent education including Yale University and Trinity College, as well as his work in diverse industries from the UN to Consulting to . University Job TitleAssistant Vice President, DevelopmentBargaining UnitNone - Not included in theSee this and similar jobs on LinkedIn. the renovation of Larson, Perlroth and Troup residence halls. The staggering cost of a college education perplexes many people who often wonder: Why does a 4-year degree from a top private school cost about $300,000 (or about $70,000-$75,000 annually)? Likewise, Princeton University President Shirley M. Tilghman ranked 51st with $935,326 in compensation. That list of ten peers included Steven H. Kaplan, president of the the University of New Haven, who earned $581,312. Credit. An independent compensation firm validates the list of appropriate peer institutions. The mean starting salary of the class of 2021 at Yale University graduates is 77,196 USD per annum. The estimated hourly pay at Yale University ranges from approximately $8.63 per hour for Software Engineer to $52.59 per hour for Professor.. He became president of the university in July 2013. Since the salaries in the 990 form were reported by calendar year (2019) instead of fiscal year, Olians income did not include the 20% pay reduction she took last school year beginning in April 2020 due to the COVID-19 pandemic. The position entails teaching an introductory physics sequence, upper-level physics courses, and related labs. The most recent data for public university salaries is from 2019, while the most recent data for private university salaries is from 2017. On the public side, University of Connecticut President Susan Herbst made $852,773 in total pay during the 2015-16 school year, good enough to place her 13 among 254 chief executives in public schools, according to the study. Nikias stepped down in 2018 after 200 professors signed a letter accusing him of mishandling allegations of sexual assault involving a former campus gynecologist. We attribute that, in part, to a market where presidents are negotiating more deferred compensation and bonus packages before they take the job, database reported Dan Bauman said in The Chronicles release. The following costs only included the estimated costs listed in the building permit of each project, it did not include costs listed in its electrical, mechanical and plumbing permits. He was accepted to Yale University before serving in the U.S. Navy, but deferred his entry to the university until after he was discharged from service. Assistant Professor (minimum) 90,000. The University of Chicago's Robert Zimmer was the highest paid president on the new list, earning $3,358,723. H John Voorhees III / Hearst Connecticut Media, Brian A. Jessica Bryant is a data reporter for BestColleges covering higher education trends. Harvard and Princeton consistently rank among the top five schools with the largest endowments. An annual report by the Chronicle of Higher Education in July 2017 ranks University of Connecticut President Susan Herbst as the state'stop-paid public university president for the 2015-16 school year. including his $1,012,707 base salary. According to Wilde, most universities think this is simply what has to be offered to get the best leader possible for the institution. In an interview with the News in April, Massachusetts Institute of Technology finance professor Andrew Lo 80 said the constraints on university salaries prevent many institutions from hiring someone of Swensens caliber. It has a total undergraduate enrollment of 6,536 (fall 2021), its setting is city, and the campus size is 373 acres. A handful of the highest-paid college presidents have resigned from their posts. The most recently reported data from The Chronicle of Higher Education from 2019 shows that the five highest-paid university presidents all lead private institutions. Read more: The 25 highest-paying entry-level jobs for college grads. University of Utah. Yale University, private university in New Haven, Connecticut, one of the Ivy League schools. Posted 12:00:00 AM. The return on its endowment was of $1.4B (4.5%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities. The Chronicle said the average pay of private college presidents who served the full year in 2015 was $569,932, up 9 percent over 2014. Columbia University president Lee C. Bollinger is the highest-paid executive in the Ivy League. Laheys base pay is the ninth highest among private college presidents. Peter Salovey is the twenty-third president of Yale University and the Chris Argyris Professor of Psychology. Of the $54 million spent on travel, it is unclear what portion was spent on first class and chartered travel. Brown of Boston University, who ranked seventh at $2.48 million; Drew Gilpin Faust of Harvard, who ranked 21st at $1.56 million; and Joseph E. Aoun of Northeastern University, who was 25th at $1.44 million. Elsewhere in the state, Trinity College President Joanne E. Berger-Sweeney made $524,945 in total pay, while University of New Haven President Steven H. Kaplan made $581,312. President compensation at over 400 private colleges and universities. Other New England presidents on the list include Robert A. Hamden PZC approves South Quad project after three months of public hearings, 10% of students respond to Inclusive Excellence Survey, over 45% say campus is not diverse, Quinnipiac agrees to $2.5 million settlement in COVID tuition refund case, The Student News Site of Quinnipiac University, Your email address will not be published. Architectural company Centerbrook, one of Quinnipiacs lead architects that was not chosen to develop the 10-year master plan, also received $425,786 from the university in the same year. Some haulers caught, Arming guidance counselors? He was 99. Alexander E. Dreier, the Senior Vice President and General Counsel, joined the University in March 2015. The earnings place Lahey 24th on the list of highest-paid college executives in the country among private colleges. How much do Yale New Haven Health employees earn on average in the United States? According to the companys website, it led the renovation of Larson, Perlroth and Troup residence halls. The senior vice president for operations is also responsible for the units reporting to the vice president for facilities and campus development, the vice president for finance & chief financial officer, and the vice president for human resources. Where Does $100 to the San Diego Zoo Wildlife Alliance Go(2021)? Presidents of public universities have higher salaries than any elected or appointed public official. PGY-2. Visit Business Insider's homepage for more stories. In New Haven, Yale President Peter Salovey earned $1.16 million in total pay during the 2015 calendar year. Yale University; Yale Phonebook; Library & Reference . Kimberly Cline, who heads the university with campuses in Brooklyn and Long Island, pulled down $1,861,026 in 2018, making her the 16th highest-paid president of a private university in the . Her bonus pay, other pay, and nontaxable benefits accounted for 53% of total pay. As of the end of fiscal 2016, Yales endowment had a total market value of $25.4 billion. Since it was first reported in 2013, Wallace's total compensation has typically stayed in the $1 million-$2.5 million range 2019 was the first year her total pay exceeded $3 million, increasing about 112% from the year before. The gap between what faculty members and presidents earn has also risen. Your email address will not be published. $66,573. Bloomberg first reported Swensen's 2015 pay package earlier this week, citing tax filings provided to the financial news service by Yale. Privacy policy, To: FAS Department and Program Chairs; FAS Lead Administrators, Chairs Assistants, and Operations Managers, Cc: FAS Deans Office; FAS Steering; Provosts Office. Code Title 503 Account Assistant IV 953 Acquisitions Assistant III 628 Daniels has been at the helm of Johns Hopkins University for the last 12 years and recently had his contract extended to stay on as president until 2029. The top ten most highly compensated individuals are all men. Yale Hospitality. Marc Tessier-Lavigne.