College presidents' salariesFoundations supplement payhttp://www.clarionledger.com/apps/pbcs.dll/article?AID=/20070719/NEWS/707190379"The additional money can be a critical piece in attracting leaders, supporters say."Compensation always influences one's decision," said Martha Saunders, the newly hired president of the University of Southern Mississippi who now earns $320,500, making her the third-highest paid president.Saunders will earn a state salary of $220,500, the same amount paid to Ole Miss, Jackson State and Mississippi State presidents.Saunders gets an additional $50,000 from the USM foundation and $50,000 from her university's alumni association.The supplemental pay was enough to top the $260,000 she earned at the University of Wisconsin-WhitewaterEven with the healthy addition from private sources, Saunders never questions who's in charge."I know who my boss is," she said, expressing support for the College Board's rule limiting supplemental pay to less than what the state pays.Getting the money from a foundation or alumni association, Saunders said, helps avoid any possible conflict of interest."When the supplements are paid by a foundation or a alumni, that's not one focused body," she said. "That is representative of the entire university. ... My sense is there is no one area that would stand to benefit from this arrangement."
"The state College Board awarded 5 percent, merit-based raises to the leaders of the eight schools at its June board meeting."
This is the second year in a row that the presidents have received 5 percent across the board "merit-based" raises. How can you call it a merit-based raise if everyone receives the same percentage. The College Board should have the guts to rank the presidents and give them raises accordingly. This is what they demand for the faculty and staff.
But then again, I guess we are not all as equal as the presidents in this state.
It is also interesting how K-12 teachers and state employees tend to get across the board raises mandated by the legislature, but somehow the College Board manages to get an overall increase in the salary budget with no legislative restrictions on how this money has to allocated.