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ERIC Number: ED569338
Record Type: Non-Journal
Publication Date: 2016-Apr
Pages: 10
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
AACC CEO Survey: Compensation
Phillippe, Kent A.
American Association of Community Colleges
In 2015, the American Association of Community Colleges (AACC) conducted a survey of community college chief executive officers (CEOs) to collect their opinions on current issues, and gather information on their compensation. This report provides the results from this survey. The AACC CEO Survey was sent to 960 public community college presidents. The initial selection represented all community college chief executive officers (president, chancellor, etc.) of regionally accredited, predominantly associate degree-granting public colleges. An e-mail was sent to each CEO with an invitation to participate in the survey. AACC received usable responses from 239 college CEOs. Respondents to the survey were generally representative of all community college CEOs, and had, on average, been serving in their current position for slightly more than 5.5 years with an average age of 58.6 years. In 2015, the median CEO salary for all respondents was $185,000. Further analysis reveals that compensation varies considerably by institutional characteristic, such as enrollment, urbanicity of the college, and complexity of the college and region of the country the college was located. Salaries in 2015 were on average 2% higher than the prior year. Responding CEOs also reported income other than salary. Roughly 20% of CEOs reported they received incentive compensation, with board evaluation or achievement of stated goals the most common means for evaluating completion of incentives. Nearly two thirds of the CEOs indicated they received some form of assistance with automobile expenses, but less than one third received assistance with housing. Half received a budget for professional club dues. Virtually all CEOs reported receiving retirement benefits. Most common were defined contribution plans or defined benefit plans. About 20% reported having deferred compensation benefits. Eighty percent of the responding CEOs indicated that they would retire within 10 years--35% within 5 years.
American Association of Community Colleges. One Dupont Circle NW Suite 410, Washington, DC 20015. Tel: 202-728-0200; Fax: 202-833-2467; Web site: http://www.aacc.nche.edu
Publication Type: Reports - Research
Education Level: Two Year Colleges; Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: American Association of Community Colleges
Identifiers - Location: United States