ERIC Number: EJ822785
Record Type: Journal
Publication Date: 2007
Reference Count: 0
How Much Is a President Worth?
Trachtenberg, Stephen Joel
Trusteeship, v15 n5 p14-18 Sep-Oct 2007
Finding an appropriate policy for setting presidents' pay is elusive, given the dubious nature of salary comparisons. In this article, the author suggests that trustees should determine the president's worth by considering the institution's interests, the limited talent pool, and the multiple demands of the job. He contends that institutions seeking stability of leadership or transformation in mission will have different notions of presidential compensation. The author sets the question of presidential compensation in a framework of public policy because of the importance of all colleges and universities, not merely private ones, to the well-being of the society and to the prosperity, intellect, and art of the nation.
Descriptors: Compensation (Remuneration), Talent, Public Policy, College Presidents, Salaries, Colleges, Trustees, Governing Boards, Administrator Qualifications
Association of Governing Boards of Universities and Colleges. 1 Dupont Circle Suite 400, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site: http://www.agb.org
Publication Type: Journal Articles; Opinion Papers
Education Level: Higher Education
Authoring Institution: N/A