QU President Judy Olian addresses campus news. PGY-1. Here are the highest-paid university presidents from private and public colleges in the US: 15. Yale was originally chartered by the colonial legislature of Connecticut as the Collegiate School and was held at Killingworth and other locations. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). The Associate professor salary is increased by 2.86 % from $145,124 to $149,272 over 163 Associate professors. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 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. 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. The renovation came after asbestos was found in the walls. Andrew David Hamilton FRS (born 3 November 1952) is a British American chemist and academic who is the 16th and current President of New York University.From 2009 to 2015, he served as the Vice-Chancellor of the University of Oxford.Before leading Oxford, he was Provost of Yale University from 2004 to 2008. The Form 990 (2015) also reports Yale paid for first class and chartered travel and travel for companions. This contamination is a threat., Labor asks CT to regulate Amazon warehouse quotas, A CT man faces state charges. 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. Yale University President Peter Salovey, before a press conference Wednesday, May 10, 2017 at the Stetson branch library in New Haven. Researchers examined over 1,300 cases at George Washington University and . For the most part, universities have not offered much insight into why compensation packages for presidents have become so generous. In 2020, Yale University had a total salary expenditure of $4.09B. Presidents of Yale University, University of New Haven and Sacred Heart University made more than Olian, according to their 990 tax filing forms. 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. $66,573. A CT bill would expand it fur, Is CT recycling going into the trash? Why CT waits for $95 million from OxyContin maker Purdue Pharma, HUSKY Health is helping immigrants. Based on the current Yale University - YUSOA contract, the hourly rates in effect for new hires as of January 16, 2022 are posted below. $40,414 / yr. Graduate Student salaries - 175 salaries reported. 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.. Gerken, the Sol & Lillian Goldman Professor of Law, became Dean in 2017 and is the first woman to serve in this role. Of his total compensation of $4,004,617, [] Required fields are marked *, Building permit for air conditioning unit installation in Larson Hall, Building permit for interior renovation to Quinnipiac President Judy Olian's house, Quinnipiac University President Judy Olian earned $1,023,741 during her first full year at the university in 2019, according to. Reporting to the associate vice president, the director is responsible for the overall leadership, strategic . A small Won Buddhist institute is looking for a President. 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. 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. as well as other partner offers and accept our, Stan Godlewski/The Washington Post via Getty Images, Sharon Pulwer/The Washington Post via Getty Images, Ronen Tivony/Pacific Press/LightRocket via Getty Images, Ian McVea/Fort Worth Star-Telegram/Tribune News Service via Getty Images, Neilson Barnard/Getty Images for the New York Times, Lane Turner/The Boston Globe via Getty Images. 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. The wage ranges listed below are broad since many types of positions are included in each of the grades/bands. Laheys pay of $1.45 million included base pay of $1.06 million and other pay of $377,496, the Chronicle report said. Yale University, private university in New Haven, Connecticut, one of the Ivy League schools. Class of 2021. Yale reported one housing loan in the amount of $100,000 to Scott Strobel, an officer. Tempe, AZ. Wesleyan University President Michael S. Roth made $871,182 and University of Hartford President Walter Harrison made $588,390 in total pay. Should professors be worried? "There are various add-ons [in these contracts] that sometimes aren't even defined," said Judith Wilde, a research professor at George Mason University. Meet President Salovey. 2022-23. 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 mean starting salary of the class of 2021 at Yale University graduates is 77,196 USD per annum. He is A 5x TEDx speaker, 3x entrepreneur, prolific speaker, and startup coach, his clients range from individual founders to national governments. Where Does $100 to Shriners Hospitals Go(2020)? 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. All rights reserved, 3 Prospect Street, New Haven, CT 06511 | P.O. Laheys base pay is the ninth highest among private college presidents. Faust made $899,734 in 2011, putting her at the 54th highest paid. The two fiscal years occurring in 2014 saw the endowment return 11.5 percent and 20.2 percent. The hourly rates in effect as of January 22, 2023 are posted below. renovation at North Haven campus: $150,000, offices in the Arnold Bernhard Library: $110,000, Ceiling, flooring and brick pavers replacement, for the three modular office trailers: $50,000. $36,853 / yr. PhD Graduate Student salaries - 159 salaries reported. including his $1,012,707 base salary. The gap between what faculty members and presidents earn has also risen. According to Wilde, most universities think this is simply what has to be offered to get the best leader possible for the institution. 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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. Harvard and Princeton consistently rank among the top five schools with the largest endowments. Peter Hvizdak / Hearst Connecticut Media file photo Show More . Johns Hopkins University's Ronald J. Daniels made $1,734,651 in 2017. His pay was on the lower end of the ten institutions selected by the Chronicle as comparison schools for Yale, with Robert Zimmer of the University of Chicago topping that list at $2.86 million, followed by Lee C. Bollinger of Columbia University bringing in $2.5 million. $42,509 / yr. Postdoctoral Research Associate salaries - 150 salaries reported. But Faust is "one of the least-well-compensated presidents relative to budget," the Chronicle says. 285 Yale University salary data. Part of HuffPost News. Like other tax-exempt organizations, Yale is required by the IRS to annually file and make publicly available a document that details financial information including annual expenditure, revenues and information about its highest paid employees. The university does not release additional details about its operating budget outside the 990., This isnt about me: Tricia Fabbri reacts to her 500th career victory, Audit shows significant deficiencies in QUs financial recordkeeping. Quinnipiac paid interior construction and furniture company Strategic Spaces $743,257 in 2019. The year before (2015), Yale reported $5.5 billion in revenue and $3.3 billion in expenses (not including $259 million in depreciation). California, film director, writer | 775 views, 8 likes, 5 loves, 78 comments, 217 shares, Facebook Watch Videos from Mike Netter: REBUILD CALIFORNIA TOWN. In 1841, James Smith Bush became the first member of the Bush family to attend Yale College (now Yale University). Gutmann's compensation in her early years with the university increased exponentially, then only saw minor shifts between 2013 and 2019. Richard C. Levin, who has directed a vast expansion and modernization of Yale University while improving university finances and relations with the city of New Haven, announced on . A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. 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. 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. Access your favorite topics in a personalized feed while you're on the go. 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. Saloveys pay of $1.15 million included base pay at $948,084 with other pay coming in at $155,663. The decline in Swensens pay from 2014 to 2015 also coincided with a decline in the performance of Yales endowment, though returns consistently remained among the highest for universities. Paula S. Wallace, Savannah College of Art and Design. Austin Ligon is an Angel/Seed stage private investor at Tewada Capital; he is an investor and Board Member at Redfin, Inc. and Rev.com Previously, Austin was the Co-Founder, President and Chief Executive Officer at CarMax, the nation's largest retailer of used cars, from its creation in 1991 until his retirement in 2006. 2023 BuzzFeed, Inc. All rights reserved. According to tax filings from 2016, Swensen received about $930,000 more in compensation in the 2014 calendar year than in 2015. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. "What higher education is doing is mirroring the behaviors of the corporate world.". Quinnipiac University president John L. Lahey was the top-earning executive among private colleges in Connecticut, earning $1.46 million in total pay, according to The Chronicle of Higher Educations Private College Executive Compensation Study released Sunday. During her time at Penn, Gutmann championed affordable education access for low-income and first-generation students, more than doubling the number of these students on campus. 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. At the low end on that comparison list was Christopher Eisgruber, president of Princeton University, earning $938,839. The presidents of Quinnipiac University and Yale University are among the 50 highest paid chief executives at private colleges and universities, according to the Chronicle of Higher Educations annual survey. Besides construction and architectural projects, law firms Duffy Law and Wiggin & Dana received $500,000 and $440,938, respectively. Credit. How much America's top 50 highest-paid private-university presidents make? 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. Senior director of investments Dean Takahashi, who earned about $3.2 million, was the second-highest paid employee in 2015. In 2020, Gutmann's salary was back in the news after it was announced that she would not be taking a COVID-induced pay cut like many other university presidents, instead opting to take a pay freeze. Yale's succeeding president Peter Salovey ranks 40th with a 2020 salary of $1.16 million. Lahey said this spring he will retire in June 2018. The wage ranges listed below are broad since many types of positions are included in each of the grades/bands. President George H.W. Yale University Dislikes. He chooses to be at Yale because he loves the institution, and thats a very special relationship. Wilde has studied executive compensation in higher education for years. 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. Visit Business Insider's homepage for more stories. Yale's Charter provides that the final authority in the "government, care and management" of the University is the Yale Corporation, a body of nineteen Fellows consisting of the President of the University, who presides at all meetings, the Governor and Lieutenant Governor of the On benefits, the AAUP found that about 97 percent of full-time professors earn contributions toward their retirement plans from their employers or state or . Yale Conferences & Events. Presidents of Yale University, University of New Haven and Sacred Heart University made more than Olian, according to their 990 tax filing forms. CT proposal causes confusion, concern. *Effective July 1, 2022. As part of its report, the Chronicle compared the presidents salaries to those at ten similar institutions. In 1716 the school was moved to New Haven, and in 1718 it was renamed Yale . The office is also responsible for overseeing the academic calendar, annual reports, and registration of non-undergraduate . Wallace has led Savannah College of Art and Design for over four decades, since founding the institution in 1978. Bloomberg first reported Swensen's 2015 pay package earlier this week, citing tax filings provided to the financial news service by Yale. Please see the charts below for important information on certain non-tenured ladder and lecturer salaries for 2022-23. With her colleague, Jim Finkelstein, she has analyzed approximately 250 presidential contracts. University President Peter Salovey, by comparison, was paid about $1.4 million in the same year. A spokesman for Yale University was not immediately available for comment. Olian made $524,436 during her first six months (July to December 2018) as Quinnipiac president. PhD Student salaries - 186 salaries reported. The University of Chicago's Robert Zimmer was the highest paid president on the new list, earning $3,358,723. 1,171 employees received more than $100,000 in compensation with . Heres what you need to know. Presidents of public universities have higher salaries than any elected or appointed public official. About $860,000 of Swensens 2014 compensation had been reported as deferred compensation in filings from previous years. Swensen's compensation consisted of a salary and bonus as well as benefits and deferred compensation. to develop the 10-year master plan, also received $425,786 from the university in the same year. His compensation has fluctuated greatly throughout his time at the university, reaching an all-time high of $4 million in 2016. 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. The earnings place Lahey 24th on the list of highest-paid college executives in the country among private colleges. 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. Even as students struggle with rising college costs, university presidents rake in millions amid rapid increases in salaries, bonuses, benefits, and perks. Assistant Professor (minimum) 90,000. The report analyzed how much 550 private college presidents made in 2011, concluding the median total compensation was $410,523. Much like business-executive pay, university-president compensation has grown over the past decade. He stepped down this past summer, but he made $6,283,616 in 2017 or 50 times what the average professor earns at the university. 77% feel they are paid fairly. Warminster, Pennsylvania. It tracks the rising number of Yale administrators and how their salaries have soared, even as faculty pay has remained relatively stagnant. University Policies, Procedures, Forms, and Guides, Student and Temporary Employee Salary Rates. Postgraduate Year. 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). Transportation . Here are the 15 highest-paid public and private university presidents. The total pay amount is an increase from the $977,219 he made in 2014. 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. "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. The most recent data is as of 2017 for private university presidents, and 2019 for public university presidents. Yale also provided housing allowances or residences for personal use, personal services (i.e. The Universitys compensation structure consists of many salary grades and bands. Faculty Salary & Benefits. Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing . Four of the 22 employees whose compensations were disclosed by Yale work for the investments office. 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. Saloveys pay placed him fourth among his peers at other Ivy League schools including Lee C. Bollinger at Columbia ($2.5 million) and Drew Gilpin Faust at Harvard ($1.6 million). He was 99. University President Peter Salovey, by comparison, was paid about $1.4 million in the same year. 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. It has a total undergraduate enrollment of 6,536 (fall 2021), its setting is city, and the campus size is 373 acres. A legal scholar and inspiring leader, Magill joined Penn after serving as Executive Vice President and Provost at the University of Virginia and, prior to that, as the Richard E. Lang Professor and Dean of the Stanford Law School.