How much is enough? College Presidents' Salaries (Harvard's Resigning President to Retain Near $900K Salary)

[Anonymous]

'How much is enough' pay for College Presidents?

Harvard's Resigning President, Dr. Claudine Gay is going to retain her near $900K Salary even post resignation. She was making $1 million as president, though it's unclear how much of that she'll continue to collect after only six months as the university's top administrator, according to the Post.

Here is the article: https://www.newsmax.com/newsfront/claudine-gay-retains-large/2024/01/02/id/1147985/?ns_mail_uid=4634602f-acea-488e-a329-d029b5c696cc&ns_mail_job=DM563211_01032024&s=acs&dkt_nbr=010504wfacid

Would that money be better spent on scholarships for low income students?

[Anonymous]

Sacrifices for thee, not for me.

[Anonymous]

Really sick.

[Anonymous]

Anonymous wrote:Really sick.

O U T R A G E O U S !

[Anonymous]

Elite colleges wouldn't be able to get anyone to do the job if they didn't pay this much. This may come as a surprise, but there are not many qualified people (within or outside of academia) banging at the door for this job. It's a mix of politics and fundraising with too many competing constituents pulling in different directions.

Her salary is within range of all of the elite schools. This is the market working, whether you like it or not.

-- signed faculty who participated in the hiring committee at another elite school

[Anonymous]

Anonymous wrote:Elite colleges wouldn't be able to get anyone to do the job if they didn't pay this much. This may come as a surprise, but there are not many qualified people (within or outside of academia) banging at the door for this job. It's a mix of politics and fundraising with too many competing constituents pulling in different directions.

Her salary is within range of all of the elite schools. This is the market working, whether you like it or not.

-- signed faculty who participated in the hiring committee at another elite school

But to keep it post resignation??

[Anonymous]

Who’d want to jump into the lion’s den for less? No thanks

[Anonymous]

Anonymous wrote:

Anonymous wrote:Elite colleges wouldn't be able to get anyone to do the job if they didn't pay this much. This may come as a surprise, but there are not many qualified people (within or outside of academia) banging at the door for this job. It's a mix of politics and fundraising with too many competing constituents pulling in different directions.

Her salary is within range of all of the elite schools. This is the market working, whether you like it or not.

-- signed faculty who participated in the hiring committee at another elite school

But to keep it post resignation??

Yes, normal practice. Similar to CEO's golden parachute. There is a contract involved.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Elite colleges wouldn't be able to get anyone to do the job if they didn't pay this much. This may come as a surprise, but there are not many qualified people (within or outside of academia) banging at the door for this job. It's a mix of politics and fundraising with too many competing constituents pulling in different directions.

Her salary is within range of all of the elite schools. This is the market working, whether you like it or not.

-- signed faculty who participated in the hiring committee at another elite school

But to keep it post resignation??

Yes, normal practice. Similar to CEO's golden parachute. There is a contract involved.

Well that is disheartening to hear, at best.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Elite colleges wouldn't be able to get anyone to do the job if they didn't pay this much. This may come as a surprise, but there are not many qualified people (within or outside of academia) banging at the door for this job. It's a mix of politics and fundraising with too many competing constituents pulling in different directions.

Her salary is within range of all of the elite schools. This is the market working, whether you like it or not.

-- signed faculty who participated in the hiring committee at another elite school

But to keep it post resignation??

After what she's been through? All the more so. The next applicant knows they could be thrown to the wolves at any moment, they'll demand the same. That's the game, thanks for playing.

[Anonymous]

Anonymous wrote:Who’d want to jump into the lion’s den for less? No thanks

one million dollars per year and to be able to keep that after resigning? LOTS OF PEOPLE WOULD. Ironically the shocking pay amount likely attracts the exact opposite as to what is likely needed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Who’d want to jump into the lion’s den for less? No thanks

one million dollars per year and to be able to keep that after resigning? LOTS OF PEOPLE WOULD. Ironically the shocking pay amount likely attracts the exact opposite as to what is likely needed.

Yes, but those people wouldn't be up for the job. Higher ed hires primarily from within, with some notable exceptions of presidents appointed/hired from corporations or politics. Most academics/higher ed administrators do not want the job.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Elite colleges wouldn't be able to get anyone to do the job if they didn't pay this much. This may come as a surprise, but there are not many qualified people (within or outside of academia) banging at the door for this job. It's a mix of politics and fundraising with too many competing constituents pulling in different directions.

Her salary is within range of all of the elite schools. This is the market working, whether you like it or not.

-- signed faculty who participated in the hiring committee at another elite school

But to keep it post resignation??

And with so many blatant examples of how she plagiarized other people’s work with no attribution!

[Anonymous]

Anonymous wrote:Elite colleges wouldn't be able to get anyone to do the job if they didn't pay this much. This may come as a surprise, but there are not many qualified people (within or outside of academia) banging at the door for this job. It's a mix of politics and fundraising with too many competing constituents pulling in different directions.

Her salary is within range of all of the elite schools. This is the market working, whether you like it or not.

-- signed faculty who participated in the hiring committee at another elite school

Yes they would or even pay 1/2 that. This is why colleges cost so much. People would do it for ego.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Who’d want to jump into the lion’s den for less? No thanks

one million dollars per year and to be able to keep that after resigning? LOTS OF PEOPLE WOULD. Ironically the shocking pay amount likely attracts the exact opposite as to what is likely needed.

Yes, but those people wouldn't be up for the job. Higher ed hires primarily from within, with some notable exceptions of presidents appointed/hired from corporations or politics. Most academics/higher ed administrators do not want the job.

She wasn't up for the job.