Tempe, AZ. Brown of Boston University, who ranked seventh at $2.48 million; Drew Gilpin Faust of Harvard, who ranked 21st at $1.56 million; and Joseph E. Aoun of Northeastern University, who was 25th at $1.44 million. Bush attended the university about 100 years later. It has a total undergraduate enrollment of 6,536 (fall 2021), its setting is city, and the campus size is 373 acres. Biography. Though Swensen may earn more than his colleagues in New Haven, his compensation pales in comparison to his counterparts at the helm of at least one other Ivy League endowment despite Yales superior performance. The highest paid presidents that year were Nathan O. Hatch, who earned $4.4 million at Wake Forest University, and James W. Wagner, who earned $3.5 million at Emory University. As Yales fiscal year ends on June 30, Swensens compensation for 2015 overlapped with both fiscal 2016 and fiscal 2015, when the University reported endowment returns of 3.4 percent and 11.5 percent, respectively. The current balance is $80,847. Yale Pediatric House Staff are provided a full range of benefits from Yale-New Haven Hospital that include, but are not limited to: . A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. Wesleyan University President Michael S. Roth made $871,182 and University of Hartford President Walter Harrison made $588,390 in total pay. Salary. The hourly rates in effect as of January 22, 2023 are posted below. Quinnipiac University President Judy Olian earned $1,023,741 during her first full year at the university in 2019, according to the 990 tax filing form for the fiscal year ending June 2020 that the IRS released in June. The wage ranges listed below are broad since many types of positions are included in each of the grades/bands. Elsewhere in the state, Trinity College President Joanne E. Berger-Sweeney made $524,945 in total pay, while University of New Haven President Steven H. Kaplan made $581,312. Here are the 15 highest-paid public and private university presidents. The total pay amount is an increase from the $977,219 he made in 2014. The Chronicle of Higher Education compiled compensation data from the Internal Revenue . Aug. 30, 2012. Total Employed Graduates. 1. Yale University Dislikes. His intention was for the institution to be home to exceptional individualsmen and women with imagination and extraordinary dedication capable of working at the cutting edge of their fields. The university's current president is Peter Salovey, a professor of social psychology who formerly served as University Provost and Dean of Yale College and received his Ph.D. from Yale's Graduate School of Arts and Sciences. Executive Compensation at the Alliance Defending Freedom(2020). Many ancient pipes in CT aren't up to the task of draining storm water, yet officials just seem to shrug. $36,853 / yr. PhD Graduate Student salaries - 159 salaries reported. Out of the total, $5.6 million was grantmaking money for different regions including North America, Central America, Asia, Europe, Middle East, Africa and Russia and neighboring states. Based on the current Yale University - YUSOA contract, the hourly rates in effect for new hires as of January 16, 2022 are posted below. The unspent portion of revenue more than a billion in 2016 and $2 billion in 2015 went to the net fund assets, a portion of which was offset by unrealized losses on investments. University President Peter Salovey, by comparison, was paid about $1.4 million in the same year. A sector-by-sector look at changes in average annual pay for workers in noninstructional jobs from 2012-13 to 2020-21. . This year, The Chronicle changed its methodology to . Posted 12:00:00 AM. Yale University, private university in New Haven, Connecticut, one of the Ivy League schools. Faust made $899,734 in 2011, putting her at the 54th highest paid. Senior Editor/Reporter, The Huffington Post. During that year, Zeppos' compensation became the subject of debate, mainly due to the $2.9 million bonus he received that made up the majority of his pay as the university was facing budget cuts and layoffs. Some of Yale University's notable alumni are Indra Krishnamurthy Nooyi - CEO, and President, Pepsi, George W. Bush - Former President of the United States, Mario Monti - Former Prime Minister of Italy. Administrative Administrative $150,000 - $199,999 jobs in New Haven. This category of expenditures also includes: the operation of dining halls that provided 2,884,447 meals to students, faculty and staff; maintenance of dormitories housing 4,988 undergraduates and 1,161 . Gutmann's compensation in her early years with the university increased exponentially, then only saw minor shifts between 2013 and 2019. Of the 22 individuals listed above, 17 are men (or 78%) while 5 are women. On the public side, University of Connecticut President Susan Herbst made $852,773 in total pay during the 2015-16 school year, good enough to place her 13 among 254 chief executives in public schools, according to the study. In 2019, Klasko's base pay was over $1.9 million. For the academic year 2021-2022, at Yale University, The Professor salary is increased by 4.08 % from $240,374 to $250,192 over 606 Professors. The top five reveals a variety of compensation packages that are common among university presidents as a whole. President, Chabot College Position Type: Management Tenure Information: Position Code: 2EPR01 FTE: 1.0 Pay Rate (or Annual Salary): $217,500. He became president of the university in July 2013. 2022-23. Quinnipiacs spokesperson declined to comment on the universitys investments outside the U.S., instead, he provided the following statement: The universitys financial reporting and budget-related information is released annually through the IRS Form 990, Morgan wrote in an email. Based on the current Yale University - YUSOA contract, the hourly rates in effect for new hires as of January 16, 2022 are posted below. Dr. Tessier-Lavigne was born in Trenton, Ontario, Canada. Please see the charts below for important information on certain non-tenured ladder and lecturer salaries for 2022-23. for the fiscal year ending June 2020 that the IRS released in June. This is a carousel. 25th Percentile. Yale Conferences & Events. Assistant Professor (minimum) 90,000. Yale is very fortunate because David Swensen can easily multiply his annual compensation several-fold by simply leaving and creating his own investment fund, Lo said. He became president of the university . The fourth individual to lead Harvards investments office in the past decade, Narvekar will earn at least $6 million this year, according to the Wall Street Journal. The earnings place Lahey 24th on the list of highest-paid college executives in the country among private colleges. How much do Yale University employees earn on average in the United States? Wallace has led Savannah College of Art and Design for over four decades, since founding the institution in 1978. $40,414 / yr. Graduate Student salaries - 175 salaries reported. 94,500. Laheys pay of $1.45 million included base pay of $1.06 million and other pay of $377,496, the Chronicle report said. What used to be a breakdown of salaries, benefits, and bonuses now includes financial perks and opportunities similar to those given to CEOs of major corporations. PGY-1. Peter Hvizdak / Hearst Connecticut Media file photo Show More . The University of Chicago's Robert Zimmer was the highest paid president on the new list, earning $3,358,723. In 2019, among 11 Connecticut four-year private colleges and universities with the 2019 fiscal year 990 forms available as of July 6, the Quinnipiac president's salary came in fourth. Reporting to the associate vice president, the director is responsible for the overall leadership, strategic . $3,204,864: Dean J Takahashi, Sr. Director of Investments. Meet President Salovey. Another section in the 990 form that has not been reported as often in past years was the universitys statement of activities outside the United States. But Faust is "one of the least-well-compensated presidents relative to budget," the Chronicle says. Yale's Charter provides that the final authority in the "government, care and management" of the University is the Yale Corporation, a body of nineteen Fellows consisting of the President of the University, who presides at all meetings, the Governor and Lieutenant Governor of the Swensen's compensation consisted of a salary and bonus as well as benefits and deferred compensation. The Office of the President supports the work and priorities of President Salovey by managing and coordinating key programs, communications, and schedules. 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Four of the 22 employees whose compensations were disclosed by Yale work for the investments office. It utilizes . Olian made $524,436 during her first six months (July to December 2018) as Quinnipiac president. Daniels has been at the helm of Johns Hopkins University for the last 12 years and recently had his contract extended to stay on as president until 2029. The most recently reported data from The Chronicle of Higher Education from 2019 shows that the five highest-paid university presidents all lead private institutions. Average Yale University salary is $72,496 Detailed Yale University starting salary, median salary, pay scale, bonus data report ranked by Date, page 5. . Zeppos served as chancellor of Vanderbilt for 11 years, beginning his tenure in 2008 and officially stepping down in August 2019. They are all Yalies. Researchers examined over 1,300 cases at George Washington University and . In 2016, Yale reported $4.8 billion in revenue and $3.4 billion in expenses (not including $257 million in depreciation). Enter your email address to follow this blog and receive notifications of new posts by email. She made $449,579 during her last six months (January to June 2018) as a dean of school of management at the University of California Los Angeles. The Office of the President is located in Woodbridge Hall, a 1901 building erected specifically for administrative purpose. The majority of the funds, or around $47.5 million, were labeled as investments in the Central America and the Caribbean region. Save. Alexander E. Dreier, the Senior Vice President and General Counsel, joined the University in March 2015. Visit Business Insider's homepage for more stories. As Larry Summers, Faust's predecessor, showed, the type of person with "Harvard President" on their resume can also be someone in consideration for some of the highest ranking positions in government. as well as other partner offers and accept our, Stan Godlewski/The Washington Post via Getty Images, Sharon Pulwer/The Washington Post via Getty Images, Ronen Tivony/Pacific Press/LightRocket via Getty Images, Ian McVea/Fort Worth Star-Telegram/Tribune News Service via Getty Images, Neilson Barnard/Getty Images for the New York Times, Lane Turner/The Boston Globe via Getty Images. The average was a 9 percent increase from 2014. Wilde has studied executive compensation in higher education for years. The average salary for a full professor at a private doctoral university is nearly $203,000, while the salary for a full professor at a public baccalaureate college is just over $99,000. Tufts highest expense - compensation - was $549 million (about 50% of revenue) for 12,647 employees, which equates to an average compensation of $44,000 (compared to $46,000 at Georgetown, $42,000 at Boston College, $74,000 at University of Chicago, and $64,000 at Princeton). Harvard and Princeton consistently rank among the top five schools with the largest endowments. Head mens basketball coach William (Baker) Dunleavy: $764,536, Mens ice hockey coach Rand Pecknold: $664,382, Dean of School of Medicine Bruce Koeppen: $598,204, Former Vice President for Development and Alumni Affairs Donald Weinbach: $578,544, Vice President and Chief Financial Officer Mark Varholak: $556,606, Head womens basketball coach Patricia Sacca-Fabbri: $536,097, Former Vice President and Provost Mark Thompson: $407,467, Architectural company Apicella + Bunton received $1.04 million from the university in 2019. Likewise, Princeton University President Shirley M. Tilghman ranked 51st with $935,326 in compensation. As of the end of fiscal 2016, Yales endowment had a total market value of $25.4 billion. $63,675 in scholarships were awarded to interested persons (usually relatives of staff, officers, or trustees). Nikias stepped down in 2018 after 200 professors signed a letter accusing him of mishandling allegations of sexual assault involving a former campus gynecologist. University Job TitleAssistant Vice President, DevelopmentBargaining UnitNone - Not included in theSee this and similar jobs on LinkedIn. Her annual pay was often the subject of debate during her tenure, particularly in 2016 when she earned $3.9 million 20 times the median salary of professors at Penn. Quinnipiac spent a total of $53.4 million in the category. Catherine Avalone/Catherine Avalone/New Haven Register. Pioneering neuroscientist, biotechnology executive and academic leader Marc Tessier-Lavigne became Stanford University's eleventh president on September 1, 2016. According to the building permits Hamden issued for the air conditioning unit installations in the three residence halls in May 2019, the projects estimated cost for each hall was at $1.05 million. Architectural company Apicella + Bunton received $1.04 million from the university in 2019. Harvard President Drew Gilpin Faust didn't even crack the top 10, or top 20. Posted 02/28/23. The next largest expense categories were for grants (primarily to domestic individuals for undergrad scholarships) which totaled $437 million, Fees for Services (primarily management related with no detail provided) of $186 million, office-related expenses (occupancy, IT, office and insurance) of $182 million, $170 million in supplies, and $145 million of other expenses (no detail provided). Richard C. Levin, Yale University, New Haven, Conn. Total compensation: $1,375,365. Other New England presidents on the list include Robert A. Presidents of public universities have higher salaries than any elected or appointed public official. Most of the highest-paid presidents preside over private colleges, but two public-university presidents made the top 15: Georgia State University President Mark P. Becker and former Auburn University President Steve Leath. 3:41 pm, May 26, 2017. With an earnings of $4 million, Wake Forest University President, Nathan O. Hatch was the highest-paid private university head in the United States, according to a new survey of executive compensation at private universities by the Chronicle of Higher Education. Warminster, Pennsylvania. Here are the highest-paid university presidents from private and public colleges in the US: 15. The Top 10 Highest Paid Private College Presidents: By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. QU President Judy Olian addresses campus news. That list of ten peers included Steven H. Kaplan, president of the the University of New Haven, who earned $581,312. The personnel committee sets salaries with an eye to attracting and retaining highly qualified and highly motivated executives, based on an annual review of agreed upon goals.. QU grad accused of murder what is postpartum psychosis? How Revenue is Spent at the AFL-CIO(2020), $4,238,803: David F Swensen, Chief Investment Officer, $3,204,864: Dean J Takahashi, Sr. Director of Investments, $1,790,227: Timothy R Sullivan, Director of Investments, $1,530,354: Khalid M Abbed, Chief Neurosurgery, Spine, $1,487,113: Alan Forman, Director, Investments, $1,366,401: Peter Salovey, Trustee and President, $1,171,984: Masoud Azodi, Professor, OB/GYN, $1,099,606: Peter G Shulam, Chair, Dept of Urology, $ 917,138: Robert J Alpern, Dean, School of Medicine, $ 639,608: Michael A Peel, VP for HR and Administration, $ 610,539: Bruce D Alexander, VP for New Haven and State Affairs, $ 573,359: Dorothy K Robinson, Former VP and General Counsel, $ 568,149: Alexander E Dreier, VP and General Counsel, $ 556,311: Linda K Lorimer, Former VP for Global and Strategy Initiative, $ 551,009: Joan E ONeill, VP for Alumni Affairs and Development, $ 545,706: Shauna R King, VP for Finance and Business Operations, $ 512,150: Scott A Strobel, VP for West Campus Planning, $ 454,276: John H Bollier, AVP for Facilities, $ 433,866: Kimberly M Goff-Crews, Secretary and VP for Student Life, $ 416,642: Stephen C Murphy, VP for Finance and CFO, $ 331,944: Michael J Donoghue, Former VP for West Campus Planning, $191,174: Patricia Preisig, spouse of Robert Alpern, a key employee, for compensation as a professor of medicine, $152,892: Stephanie Markovits, spouse of Benjamin Polak, an officer, for compensation as an English Professor, $108,195: Ricecan Realty, LP, (trustee and family members own more than 35%), for income distribution, $102,619: Wendy Sharp, spouse of Dean Takahashi, a key employee, for compensation as Lecturer of Music, $ 65,308: Marta Moret, spouse of Peter Salovey, an officer, for compensation as an Associate. 2021-22. Class of 2021. The following five individuals/entities (interested persons) received: To read the IRS Form 990 (2015), click here. "What higher education is doing is mirroring the behaviors of the corporate world.". During his tenure, the university expanded from a one-campus, health sciences university into a professional institution with multiple campuses. The answer is not as complicated as some people would lead you to believe. Whether it's comparing her salary against Harvard's $3.9 billion budget or the university's $30 billion endowment, which is run by people making more than $5 million a year. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. PGY-2. Columbia University president Lee C. Bollinger is the highest-paid executive in the Ivy League. $524,436 during her first six months (July to December 2018) as Quinnipiac president. Harvards 5.8 percent endowment return in fiscal 2015 was almost 6 percentage points lower than Yale, and the Cambridge-based school posted a 2 percent loss in fiscal 2016. The presidents of Quinnipiac University and Yale University are among the 50 highest paid chief executives at private colleges and universities, according to the Chronicle of Higher Educations annual survey. Blyth has since been replaced in his role at Harvard by Nirmal Narvekar, who earned $6 million in 2015 while leading Columbia Universitys investments office. Position Focus: Reporting to the Director of Communications, the senior writer will support external and internal communications for the Office of the President. Faculty Salary & Benefits. Data for 2009 reflect 519 chief executives at 482 colleges. Harvard and Princeton consistently rank among the top five schools with the largest endowments. Marc Tessier-Lavigne. It is also important to note that in addition to the above management salaries, $55 million in investment fees were paid to outside firms. Beyond the surge in overall compensation, the way in which university presidents get paid also has transformed. The Highest Paid Private College Presidents, Rensselaer Polytechnic Institute, $1,752,642, Florida Institute of Technology, $1,884,008, presidents of private colleges were compensated, Curt Nickisch pointed out a couple years ago. The Associate professor salary is increased by 2.86 % from $145,124 to $149,272 over 163 Associate professors. The return on its endowment was of $1.4B (4.5%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities. As Yale's chief legal officer and legal . As WBUR reporter Curt Nickisch pointed out a couple years ago, it's because Harvard is so much more prestigious. Feature Image: Leon Bennett / Stringer / Getty Images Entertainment. Quinnipiac University president John L. Lahey was the top-earning executive among private colleges in Connecticut, earning $1.46 million in total pay, according to The Chronicle of Higher Educations Private College Executive Compensation Study released Sunday. Credit. Architectural company Centerbrook, one of Quinnipiacs lead architects that was not chosen to develop the 10-year master plan, also received $425,786 from the university in the same year. The office is also responsible for overseeing the academic calendar, annual reports, and registration of non-undergraduate . Another set of permits were issued the same year in September for a full interior renovation of the three residence halls, the estimated cost for each hall was at $1.9 million. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). In New Haven, Yale President Peter Salovey earned $1.16 million in total pay during the 2015 calendar year. Centerbrooks worked on the Learning Commons offices and On the Rocks pub on York Hill. All of Yale's graduate and professional schools provide financial aid to their students based on their individual policies and procedures. What do President George W. Bush, writer William F. Buckley Jr., and actress Meryl Streep have in common? The Universitys compensation structure consists of many salary grades and bands. How much do Yale New Haven Health employees earn on average in the United States? 285 Yale University salary data. The estimated hourly pay at Yale University ranges from approximately $8.63 per hour for Software Engineer to $52.59 per hour for Professor.. His compensation has fluctuated greatly throughout his time at the university, reaching an all-time high of $4 million in 2016. The following costs only included the estimated costs listed in the building permit of each project, it did not include costs listed in its electrical, mechanical and plumbing permits. Salary stipends for 2020-2021 are: PGY1 - $69,209 PGY2 - $72,670 PGY3 - $76,303 PGY4 - $80,118 PGY5 - $82,522 PGY6 - $84,885 PGY7 - $89,129 PGY8 - $93 . He was 99. He earned the rest in bonuses, other pay, and nontaxable benefits, which together accounted for 56% of his total compensation that year. Those salaries were earned in the 2015 calendar year the most recent year available from the Internal Revenue Service, according to the Chronicle. Gutmann, the eighth president of the University of Pennsylvania (Penn), was the second highest-paid female university president in 2019. The renovation came after, Quinnipiac paid interior construction and furniture company Strategic Spaces $743,257 in 2019. The number of presidents earning over $1 million is unusually high in 2015. Laheys base pay of $1.06 million was further supplemented by $17,672 in nontaxable pay and $377,496 in other pay, according to the study. Since it was first reported in 2013, Wallace's total compensation has typically stayed in the $1 million-$2.5 million range 2019 was the first year her total pay exceeded $3 million, increasing about 112% from the year before. The IRS Form 990 (2015 for the year beginning July 1, 2015 and ending June 30, 2016) reports 3,585 individuals received more than $100,000 in compensation with the 22 most highly compensated individuals listed below: As illustrated above, the most highly compensated individuals work in investments managing the $26 billion in assets. He was making 50 times the average faculty member. The data shows the compensation received in 2010 by 493 chief executives at 480 private, nonprofit colleges in the United States. His pay was on the lower end of the ten institutions selected by the Chronicle as comparison schools for Yale, with Robert Zimmer of the University of Chicago topping that list at $2.86 million, followed by Lee C. Bollinger of Columbia University bringing in $2.5 million. She has a BA in journalism and previously worked with the South Florida Business Journal as a reporter and researcher. 2023 BestColleges.com, a Red Ventures Company, The Public Ivies, Little Ivies, and Other Ivy League Equivalents, University of Illinois - Urbana-Champaign, University of North Carolina - Chapel Hill, Do Not Sell or Share My Personal Information. Saloveys pay of $1.15 million included base pay at $948,084 with other pay coming in at $155,663. H John Voorhees III / Hearst Connecticut Media, Brian A. The most recent data for public university salaries is from 2019, while the most recent data for private university salaries is from 2017. Quinnipiac President John L. Lahey ranked 24th with a salary of $1.45 million, while Yale Universitys Peter Salovey came in 40th with a salary of of $1.15 million. $42,509 / yr. Postdoctoral Research Associate salaries - 150 salaries reported. Privacy policy, To: FAS Department and Program Chairs; FAS Lead Administrators, Chairs Assistants, and Operations Managers, Cc: FAS Deans Office; FAS Steering; Provosts Office. Paula S. Wallace, Savannah College of Art and Design. The renovation came after asbestos was found in the walls. The Chronicle reported Hatchs salary was boosted by a $2.89 million deferred-compensation arrangement accrued over 10 years paid out in 2015. Like other tax-exempt organizations, Yale is required by the IRS to annually file and make publicly available a document that details financial information including annual expenditure, revenues and information about its highest paid employees. The Department of Chemistry and Physics at Saint Mary's College, Notre Dame, IN, is seeking to fill a one-year visiting assistant professor line in any sub-discipline of physics. "They may include an entertainment allowance, a travel allowance, tuition support for family members, or even spousal pay.". Yale's former president Richard C. Levin was, at the time, one of the highest paid university presidents in the United States with a 2008 salary of $1.5 million. Swensens compensation consisted of a salary and bonus as well as benefits and deferred compensation. An independent compensation firm validates the list of appropriate peer institutions. Even as students struggle with rising college costs, university presidents rake in millions amid rapid increases in salaries, bonuses, benefits, and perks. Earlier this month, the Harvard Crimson reported that the schools then-chief investment officer Stephen Blyth earned about $14.8 million in 2015. University President Peter Salovey, by comparison, was paid about $1.4 million in the same year. $53,702 / yr. That comparison showed Lahey out ahead of his peers, with Edward Guiliano of the New York Institute of Technology in Old Westbury earning $1.24 million and Lesley M. Hallic of Pacific University earning $695,718.

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