Do university presidents get paid?

Nationwide, university presidents earn an average of $186,961 annually, according to ZipRecruiter, an online employment marketplace. Other university president roles advertise pay as low as $32,274, according to the site. Other, less prestigious colleges and universities are also conducting searches for new presidents.

Do college presidents get paid?

How much does a College President make in the United States? The average College President salary in the United States is $329,114 as of January 26, 2024, but the range typically falls between $249,729 and $457,021.

How much does Harvard president get paid?

According to Harvard's newspaper The Crimson, Dr. Gay's estimated base salary as president was approximately $900,000 annually. Prior to her presidency, she served as Dean of the Faculty of Arts and Sciences, earning $879,079 in 2021 and $824,068 in 2020.

How much does the president of Yale make?

Many Ivy League and other top-tier schools call New England home, and their presidents receive significant financial compensation. For example, Peter Salovey, president of Yale, makes around $1.9 million a year, and former Harvard president Lawrence Bacow made around $1.3 million annually.

What university has the highest paid president?

The president of Thomas Jefferson University was the best-paid private college president in the country, making a total of more than $8.4 million in 2020, according to The Chronicle of Higher Education. Both his base pay and total compensation exceed that of other private college presidents.

The Role of a University President

What does the president of MIT make?

Most of the chancellors and presidents at the 20 largest Massachusetts colleges and universities saw their total compensation go up in the fiscal year ending June 30, 2018. For example, MIT's L. Rafael Reif saw his total compensation increase to $1.19 million, up from $1.09 million in fiscal year 2017.

How much does Miami university president make?

The trustees extended President Crawford's contract, which now runs five years through June 2027. The board increased his salary 4% to $551,665 and also approved a $75,000 annual bonus. University Ambassador Renate Crawford also received a 4% increase to $53,040 annually.

Do you need a PhD to be a college president?

Education requirements for college presidents

A college president should have a postgraduate degree, such as a master's degree. There are many college presidents who hold a doctorate, such as a PhD or EdD. Work experience is important, as well.

How long do college presidents serve?

The average tenure of the college president has shrunk. Yes, again. Typical presidents have been in their current job for 5.9 years, according to the results of the American Council on Education's latest survey of the profession, published on Friday. That's down from 6.5 years in 2016 and 8.5 years in 2006.

Which president earn a PhD?

Wilson was the 28th U.S. president and served in office from 1913 to 1921. He also held the position of president at Princeton University before becoming U.S. president and obtained his doctorate degree in 1886 from Johns Hopkins University in Political Science.

How much does NYU president make?

The president is provided a penthouse residence on Washington Square Park, which is owned by the university. As of 2021, the president received over $1.5 million in annual compensation. The current president, Linda G. Mills, a social worker who is the university's first female president, assumed office on July 1, 2023.

Who is a university president's boss?

The presidents maintain a close working relationship with the CSU's systemwide office, reporting to the chancellor and representing the campus on the systemwide Senior Leadership Council.

How much does the president of Penn State university make a year?

Bendapudi will become Penn State's 19th president and the first female and person of color to serve as president. Penn State's board approved a five-year contract worth $1.3 million annually, which includes a $950,000 base salary and $350,000 in supplemental retirement contributions.

How much does President Bell make at university of Alabama?

According to The University of Alabama Open Expenditures Database, President Stuart Bell makes $62,056.18 per month. The average Alabama resident earns $49,191 a year. Bell's total base salary for the 2021 academic year was $698,407. In October 2021, Bell received a $105,000 incentive payment on top of his base pay.

How much does the president of Xavier University make?

Father Michael Graham, president of Xavier University, does not receive a salary from the university because he is a member of the Jesuit community.

Who is the highest paid professor at MIT?

Professors at MIT's Sloan School of Management were also among MIT's highest compensated individuals. Professors Charles Fine and Roberto Fernandez earned $906,406 and $843,178 respectively. Professor Daron Acemoglu in the Economics Department made $841,380.

How much does the president of UConn make a year?

New UConn president Radenka Maric will be paid a base salary of $631,350 annually, about 20 percent more than her predecessor, but will not benefit from the controversial provision that has left the school paying large salaries to multiple former presidents, according to a contract shared with CT Insider.

How much does Baylor's president make?

As of Jan 20, 2024, the average annual pay for a Baylor President in the United States is $186,961 a year. Just in case you need a simple salary calculator, that works out to be approximately $89.89 an hour.

How much does Johns Hopkins president make?

President Ronald Daniels of the Johns Hopkins University led with $3.2M worth of total compensation on the public university side.

How much does the USC president make?

According to Berkowitz, "USC president Carol Folt was credited with nearly $3.9 million" in the 2021 calendar year. USC men's basketball coach Andy Enfield received nearly $3.8 million.