Compensation (pay plus benefits) has grown the fastest for leaders of research institutions, many of which are larger, richer, and more complex than other kinds of institutions. All percentage changes are adjusted for inflation, which means they represent growth in compensation above the level required to keep pace with inflation.
All private institutions* | 1-year change | 5-year change | |
---|---|---|---|
2007-8 | $358,746 | 2.50% | 14.0% |
2006-7 | $336,970 | ||
2002-3 | $269,010 | ||
Private research institutions | 1-year change | 5-year change | |
2007-8 | $627,750 | 11.30% | 19.6% |
2006-7 | $543,323 | ||
2002-3 | $448,534 | ||
Private master’s institutions | 1-year change | 5-year change | |
2007-8 | $327,833 | 2.90% | 19.1% |
2006-7 | $306,766 | ||
2002-3 | $235,225 | ||
Private liberal-arts colleges | 1-year change | 5-year change | |
2007-8 | $366,606 | 1.10% | 11.4% |
2006-7 | $348,978 | ||
2002-3 | $281,237 | ||
* Figures are only for 419 private institutions examined by The Chronicle and may not be representative of all private colleges and universities. The Chronicle compared median compensation among leaders of those same institutions over the years noted. Those institutions reported expenditures of greater than $50-million in 2007-8. Dollar amounts shown are not adjusted for inflation. | |||
Sources: Institutions’ federal tax filings; Chronicle reporting |
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