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Post Info TOPIC: It's good to be the President/Chancellor!
truth4usm/AH

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It's good to be the President/Chancellor!
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From the 11/19/04 edition of The Chronicle, special report on Executive Compensation (all figures for 04-05):


USM President Shelby F. Thames:


Salary:  $200,400 (state), $50,000 (private sources)


Car allowance:  $7,750 (provided by state)


Free Housing?:  Yes, provided by state


Other compensation:  $2,967 two club memberships (provided by private sources)


Total compensation:  $261,117


-----------------------------------------


MSU President Charles Lee:


Salary:  $200,000 (state), $110,000 (private sources)


Car allowance:  $8,250 (provided by state)


Free Housing?:  Yes, provided by state


Other compensation:  $1,826 club membership (provided by state)


Total compensation:  $320, 076


--------------------------------------


UM Chancellor Robert Khayat:


Salary:  $200,000 (state)


Car allowance:  2 cars provided by private sources


Free Housing?:  Yes, provided by state


Other compensation:  $160,000 deferred compensation; three club memberships (all provided by private sources)


Total compensation:  $360,000



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Music patron

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We'd all pay a GOOD president that much and more gladly.

Can you compare this to the football coach's salary, Truth?

Also, and more discouraging, compare it to the average salary of the professorial ranks.

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truth4usm/AH

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quote:

Originally posted by: Music patron

"We'd all pay a GOOD president that much and more gladly. Can you compare this to the football coach's salary, Truth? Also, and more discouraging, compare it to the average salary of the professorial ranks."


MP, they didn't list salaries of other faculty/staff at public institutions, only private ones (I suppose their reasoning is that at public institutions, all of the salaries are naturally public).  I think someone else may have the figures on average faculty salaries in MS (I know I've seen that figure before either on this board or the old Fire Shelby board).


Anyone?



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Invictus

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Looking this over, the base state salaries are essentially the same. The difference is the "private source" money added on to that base pay. Looks to me like the "private sources" (which you can interpret as alumni association) at MSU & UM take care of their presidents a lot better. I cannot imagine why

BTW, Truth, what's the total package for the prez at Vanderbilt?


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Chicken Soup Lady

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Vict, the chancellor at Vandy is one of the highest paid in the US. I just saw that online recently, maybe on Drudge?? I wanna say it's close to a mill, maybe $750-850? That's truth's boss, so she may not want to be the one giving out the info!!

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Invictus

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RE: RE: RE: It's good to be the President/Chancell
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quote:
Originally posted by: truth4usm/AH

"I think someone else may have the figures on average faculty salaries in MS (I know I've seen that figure before either on this board or the old Fire Shelby board).
Anyone?
"


From 2003-2004 AAUP Survey:

Mississippi State
Prof $76.6K
Assoc Prof $60.1L
Asst Prof $ 50.7
Instr $35.1

U of Mississippi
Prof $78.3K
Assoc Prof $61.5K
Asst Prof $51.6K
Instr $30.7K

U of Southern Mississippi
Prof $71.0K
Assoc Prof $54.3K
Asst Prof $47.4K
Instr $36.8K


Configure your own depressing queries at the Chronicle AAUP Faculty Salary Survey search page.


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rich and richer

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RE: RE: It's good to be the President/Chancellor!
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quote:

Originally posted by: Chicken Soup Lady

"the chancellor at Vandy is one of the highest paid in the US. I just saw that online recently, maybe on Drudge?? I wanna say it's close to a mill, maybe $750-850?"

Almost as much as some professional athletes, huh?

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info

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quote:
Originally posted by: truth4usm/AH

"
MP, they didn't list salaries of other faculty/staff at public institutions, only private ones (I suppose their reasoning is that at public institutions, all of the salaries are naturally public).  I think someone else may have the figures on average faculty salaries in MS (I know I've seen that figure before either on this board or the old Fire Shelby board).
Anyone?
"


From our very own AAUP site:

Average Faculty Salary

"In fiscal 2004, average salaries for faculty ranged from $42,791 at Mississippi University for Women to $59,230 at Mississippi State University, according to the College Board. The average full-time faculty salary of $54,359 is about $7,635 less than than the Southeastern average."


from the Clarion-Ledger

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Invictus

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Vanderbilt U
Prof $117.1K
Assoc Prof $76.2K
Asst Prof $64.3K
Instr $44.2K



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truth4usm/AH

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quote:

Originally posted by: Chicken Soup Lady

"Vict, the chancellor at Vandy is one of the highest paid in the US. I just saw that online recently, maybe on Drudge?? I wanna say it's close to a mill, maybe $750-850? That's truth's boss, so she may not want to be the one giving out the info!!"


I don't have the figures in front of me, but I know that Chancellor Gee's base salary is over $800K (he gets consulting fees that bump it up another $300K), making him the 3rd highest paid of US private institutions.  The interesting thing is that he's not the highest paid employee at Vandy...the Vice Chancellor for Health Affairs makes the most (somewhere around $1 million).  This is all information that you can find in The Chronicle, so I have no problem posting it here, boss or no.


 



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Invictus

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In other words, an associate professor at Vandy earns almost as much as a full prof at MSU & Ole Myth ... and MORE than a full prof at USM.



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truth4usm/AH

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quote:

Originally posted by: Invictus

"In other words, an associate professor at Vandy earns almost as much as a full prof at MSU & Ole Myth ... and MORE than a full prof at USM. "

But, remember, Vic, that's an average, and Vandy has a law school, a medical school, and a business school.  Market prices in those fields tend to bump up the average salaries, I would imagine.  Plus, the cost of living in Nashville would definitely surpass that of Starkville, Oxford, and the 'burg by quite a lot (perhaps more than all 3 combined!).

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Invictus

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RE: RE: RE: It's good to be the President/Chancell
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quote:
Originally posted by: truth4usm/AH

"But, remember, Vic, that's an average, and Vandy has a law school, a medical school, and a business school.  Market prices in those fields tend to bump up the average salaries, I would imagine.  Plus, the cost of living in Nashville would definitely surpass that of Starkville, Oxford, and the 'burg by quite a lot (perhaps more than all 3 combined!)."


Last time I checked, Ole Myth had a law school, a med school & a business school.

And speaking only for myself, you'd have to pay me a LOT more to live in Starkville than in Nashville!

This does bring up a question that has always bothered me: Why do business profs command such fat salaries? No slam intended, but had I majored in business instead of science, I would've had a lot more time for partying. I might've even learned to play golf, which is probably the single most important skill a college administrator must have...

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Love me or leave me

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quote:

Originally posted by: Invictus

"This does bring up a question that has always bothered me: Why do business profs command such fat salaries?"

I have observed that when faculty members in certain business departments get very high raises, the excuse is that if they don't get those high raises they might defect to industry. I seriously doubt that lots of them could command more in industry than they command in their faculty positions. I am not referring to USM faculty specificially. I am referring to the general picture in academics generally.

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reader

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RE: It's good to be the President/Chancellor!
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If I recall correctly, this mornng's Sun-Herald said that the Mississippi IHL commissioner makes $260,000.

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truth4usm/AH

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RE: RE: RE: RE: It's good to be the President/Chancell
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quote:

Originally posted by: Invictus

" Last time I checked, Ole Myth had a law school, a med school & a business school.

But do they count the med school faculty into the averages since the school is actually in Jackson?  Does anyone know if they factor those salaries into their averages?

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Canada Goose

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quote:

Originally posted by: Invictus

" Last time I checked, Ole Myth had a law school, a med school & a business school. And speaking only for myself, you'd have to pay me a LOT more to live in Starkville than in Nashville! This does bring up a question that has always bothered me: Why do business profs command such fat salaries? No slam intended, but had I majored in business instead of science, I would've had a lot more time for partying. I might've even learned to play golf, which is probably the single most important skill a college administrator must have... "


 


I beg to differ...honk if you passed P-Chem, honk twice if you passed econometrics!


With all due respect, you post suggests a naive bias (and, unfortunately one shared by USM's administrators who think they are running the university like a business) that anyone can do business whereas real academics are in the arts and sciences...wrong!


 



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Gander

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quote:

Originally posted by: Canada Goose

"With all due respect, you post suggests a naive bias. . . that anyone can do business whereas real academics are in the arts and sciences...wrong!  "

Goose, I don't think your interpretation of Invictus' posting is anything close to what he was was saying.

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Canada Goose

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quote:

Originally posted by: Gander

"Goose, I don't think your interpretation of Invictus' posting is anything close to what he was was saying."


"No slam intended, but had I majored in business instead of science, I would've had a lot more time for partying. "


The implication of this line is that a degree in science is more challenging and I am disagreeing with the premise.


I love Invictus to death, doesn't mean every word out of the revered mouth is gospel!



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Science Student

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quote:

Originally posted by: Canada Goose

" "No slam intended, but had I majored in business instead of science, I would've had a lot more time for partying. " The implication of this line is that a degree in science is more challenging and I am disagreeing with the premise. I love Invictus to death, doesn't mean every word out of the revered mouth is gospel!"


When in college, my colleagues and I only had time studying on weekdays and most of the weekend.  The business students were frats and partied almost every night, not to mention weekends.  Some of my high school friends went into business and within two years we grew apart because I didn't have the time to socialize as much as their colleagues did.  I was told that this was important bonding because in business it was the connections you made.  I interpreted that, as “it’s not what you know, but who you know”.   Check the major of football teams and basketball teams.  You will find many more in business than in science.  This indicates to me that the science curriculum is more time consuming than the business curriculum.


Is this true?  Who knows?  It was what I observed as a science student, outside business looking in. 


Please educate me if my perceptions are incorrect.


 



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Curve Ball

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quote:

Originally posted by: Science Student

" When in college, my colleagues and I only had time studying on weekdays and most of the weekend.  The business students were frats and partied almost every night, not to mention weekends.  Some of my high school friends went into business and within two years we grew apart because I didn't have the time to socialize as much as their colleagues did.  I was told that this was important bonding because in business it was the connections you made.  I interpreted that, as “it’s not what you know, but who you know”.   Check the major of football teams and basketball teams.  You will find many more in business than in science.  This indicates to me that the science curriculum is more time consuming than the business curriculum. Is this true?  Who knows?  It was what I observed as a science student, outside business looking in.  Please educate me if my perceptions are incorrect.  "

I will make one contribution to this discussion which may be getting out of hand. At most universities a hugh number of Freshman declare apre-med discipline as their major. By the time they take their first or second chemistry course, that number is reduced greatly. Just so the chemistry people won't get too much satisfaction from that statement, let me also say that I have often suspected that the grading curve" in chemistry courses is somewhat contrived. Chemistry as such is not that difficult. But the grading curve is tough. Any discipline would appear to be tough if it had a similar grading curve. That is my observation here and elsewhere.

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Science Student

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RE: RE: RE: RE: RE: RE: RE: RE: RE: It's good to b
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quote:
Originally posted by: Curve Ball

"... Just so the chemistry people won't get too much satisfaction from that statement, let me also say that I have often suspected that the grading curve" in chemistry courses is somewhat contrived. Chemistry as such is not that difficult. But the grading curve is tough. Any discipline would appear to be tough if it had a similar grading curve. That is my observation here and elsewhere."


Maybe the sciences still think C means average. I know of disciplines where B is below average. Just a couple of years ago if you graduated from USM with a 3.0 average, you were in the bottom half of your class.

This has been interesting but way off topic so I will end here.

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Emma

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RE: It's good to be the President/Chancellor!
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Going back to prez pay -- surely the IHL could have hired somebody far more cheaply to incompetently believe in his own self manifested ego and tank the university as a result.  Why did they have to pay such a top dollar amount for a cheap shot at readjusting the MS university hierarchy?

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Invictus

Date:
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quote:
Originally posted by: Emma

"Going back to prez pay -- surely the IHL could have hired somebody far more cheaply to incompetently believe in his own self manifested ego and tank the university as a result.  Why did they have to pay such a top dollar amount for a cheap shot at readjusting the MS university hierarchy? "


Mr. Wonderful, are you listening?

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Mr. Wonderful's Night Crew

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quote:

Originally posted by: Invictus

" Mr. Wonderful, are you listening?"

Mr. Wonderful is out of pocket, but the night crew is all ears.

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Invictus

Date:
RE: RE: RE: RE: RE: RE: RE: It's good to be the Pr
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quote:
Originally posted by: Canada Goose

"
"No slam intended, but had I majored in business instead of science, I would've had a lot more time for partying. "
The implication of this line is that a degree in science is more challenging and I am disagreeing with the premise.
I love Invictus to death, doesn't mean every word out of the revered mouth is gospel!
"


Well, we'll have to amiably agree to disagree, because I am right & you are wrong You would have done better to compare econometrics with phrenology than with p-chem...

How it really works:
Econometrician #1: "What multiplier do we use here?"
Econometrician #2: "I dunno. How about we use our golf handicaps?"
Econometrician #1: "With logistic regression, of course."
Econometirican #2: "Of course. Say, it must be 5 o'clock somewhere..."



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