Bonuses, Pay Deals Send College Executives’ Salaries Soaring - sfgate.com -BoardProspects

Bonuses, Pay Deals Send College Executives’ Salaries Soaring

sfgate.com Dec 11 2017 BoardNews

Bonuses, pay deals send college executives’ salaries soaring 1 / 3 Back to Gallery The highest-paid college president in the nation quadrupled his pay in a single year to $4 million thanks to a hiring deal, according to a new survey of executive compensation at private universities. Nathan Hatch, president of Wake Forest University in North Carolina, earned slightly more than $1 million in 2014...
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Quotes
1. We have in higher education very competent recruiting companies, many of them made up of former university presidents.
2. There is zero data that show that high salaries produce better executives.
3. In the last century there has never been as great a discrepancy between the highest paid (presidents) and the lowest paid (janitors and maintenance staff).
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- Nanetteasimov