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Reply to "Does the HOS at Potomac Really Make This Much??"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The HOS is a fundraising job and it’s not easy. Teachers are definitely underpaid but they don’t have to solicit people to raise millions of dollars every single year. If a HoS doesn’t raise money, the school can’t operate and goes out of business. A lot of the schools ability to raise money is based on happy parents and happy alumni. I promise you have no idea how hard the job is and how much it is dependent on achieving clearly defined results. You can’t BS your way through the job. [/quote] No one is saying it's not a hard job. Cleaning public bathrooms is a hard job. But just because a job is hard doesn't mean that it justifies the salary.[/quote] there are salespeople in this area who clear 800k. There are CEOs of 200 person companies (same size as Potomac) who clear 2mm. Chill out. [/quote] Those are for-profit companies. Think harder.[/quote] Plenty of non profit execs making that much. And they don't have to be at the biggest either. Ed and Health are two that compete for talent with for profit and threefore have pay packages that align. https://nonprofitquarterly.org/million-dollar-compensation-nonprofit-ceos/. https://www.charitywatch.org/nonprofit-compensation-packages-of-1-million-or-more https://www.bizjournals.com/washington/subscriber-only/2023/11/17/highest-paid-501c3-nonprofit-executives-in-greater.html About 2,700 employees of 501(c)(3) nonprofits received annual compensation of more than $1 million in 2014, according to a study of IRS Form 990 returns performed by the Wall Street Journal. This is about one-third more than received $1 million or more in 2011. As might be expected, the “eds and meds” led the list. Five nonprofits paid $10 million or more to their CEOs; four out of five were healthcare systems. The fifth was the Harvard Management Company, which manages the Harvard University endowment and has been the subject of persistent leadership turmoil. Overall, three-quarters of the high-paying nonprofits were in the healthcare sector, with private colleges and universities making up another ten percent. However, some of the most generous organizations weren’t the largest. [/quote]
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