$36,853 / yr. PhD Graduate Student salaries - 159 salaries reported. 285 Yale University salary data. 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. Should professors be worried? Class of 2021. On benefits, the AAUP found that about 97 percent of full-time professors earn contributions toward their retirement plans from their employers or state or . Access your favorite topics in a personalized feed while you're on the go. student income, medical service income, etc) that totaled $1.7 billion in 2016, Yale also relies on investment income which was $2 billion in 2016 (mostly from the gain on the sale of assets and investment income) and contributions (nearly $1 billion of which $448 million were government grants). In New Haven, Yale President Peter Salovey earned $1.16 million in total pay during the 2015 calendar year. The report analyzed how much 550 private college presidents made in 2011, concluding the median total compensation was $410,523. Quinnipiac President John L. Lahey ranked 24th with a salary of $1.45 million, while Yale University's Peter Salovey came in 40th with a salary of of $1.15 million. The Form 990 (2015) also reports Yale paid for first class and chartered travel and travel for companions. California, film director, writer | 775 views, 8 likes, 5 loves, 78 comments, 217 shares, Facebook Watch Videos from Mike Netter: REBUILD CALIFORNIA TOWN. Gutmann's compensation in her early years with the university increased exponentially, then only saw minor shifts between 2013 and 2019. The top ten most highly compensated individuals are all men. to develop the 10-year master plan, also received $425,786 from the university in the same year. 2022-23. Based on the current Yale University - YUSOA contract, the hourly rates in effect for new hires as of January 16, 2022 are posted below. $3,204,864: Dean J Takahashi, Sr. Director of Investments. Researchers examined over 1,300 cases at George Washington University and . The third . Average Yale University salary is $72,496 Detailed Yale University starting salary, median salary, pay scale, bonus data report ranked by Date, page 5. . Fifty-eight of the private college presidents earned more than $1 million in 2015, up from the previous year when 39 private college presidents did so. He was student body president from May 2019 to September 2020. Johnson . 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. Ishaan Srivastava 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. His eclectic background growing up in 10 countries on 4 continents, his multi-continent education including Yale University and Trinity College, as well as his work in diverse industries from the UN to Consulting to . $73,425. 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. Yale was originally chartered by the colonial legislature of Connecticut as the Collegiate School and was held at Killingworth and other locations. 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. Full-Time Salaries of Employed Graduates. Salary. Olian made $524,436 during her first six months (July to December 2018) as Quinnipiac president. $63,675 in scholarships were awarded to interested persons (usually relatives of staff, officers, or trustees). $42,509 / yr. Postdoctoral Research Associate salaries - 150 salaries reported. Biography. 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). CT proposal causes confusion, concern. Faust made $899,734 in 2011, putting her at the 54th highest paid. Austin Ligon is an Angel/Seed stage private investor at Tewada Capital; he is an investor and Board Member at Redfin, Inc. and Rev.com Previously, Austin was the Co-Founder, President and Chief Executive Officer at CarMax, the nation's largest retailer of used cars, from its creation in 1991 until his retirement in 2006. In the most simplistic terms the answer is because you are supporting a huge education machine where, in the case of Yale, more than half of the total expenses ($2.2 billion of the $3.4 billion in expenses not including depreciation) are compensation-related costs for the 28,739 employees in 2016 (an average of $75,000 each). Won Institute of Graduate Studies. An annual report by the Chronicle of Higher Education in December 2017 provides data on the executive compensation at private colleges. He was accepted to Yale University before serving in the U.S. Navy, but deferred his entry to the university until after he was discharged from service. Assistant Vice President, Corporate & Foundation Relations and Government Grants. According to Wilde, most universities think this is simply what has to be offered to get the best leader possible for the institution. Bloomberg. He stepped down this past summer, but he made $6,283,616 in 2017 or 50 times what the average professor earns at the university. QU President Judy Olian addresses campus news. Peter Salovey is the twenty-third president of Yale University and the Chris Argyris Professor of Psychology. President Peter Salovey will make six appointments to high-level positions currently being held by interim or retiring faculty by the end of the spring 2023 semester, the . Here are the highest-paid university presidents from private and public colleges in the US: 15. PhD Student salaries - 186 salaries reported. Austin has also served as Senior Vice President of Strategy for . 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. Of the 22 individuals listed above, 17 are men (or 78%) while 5 are women. Who would say no to being in charge of Harvard? In 2016, Yale reported $4.8 billion in revenue and $3.4 billion in expenses (not including $257 million in depreciation). The average College President salary in the United States is $320,238 as of February 27, 2023, but the range typically falls between $242,991 and $444,708. 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. Use Next and Previous buttons to navigate. "There are various add-ons [in these contracts] that sometimes aren't even defined," said Judith Wilde, a research professor at George Mason University. Likewise, Princeton University President Shirley M. Tilghman ranked 51st with $935,326 in compensation. The Chronicle updated its executive compensation tracker in July 2020 to include the most recent data on salaries from public and private institutions. Much like business-executive pay, university-president compensation has grown over the past decade. Here are the highest-paid university presidents from private and public colleges in the US: Ratio of total compensation to average full-professor salary: 16:1, Ratio of total compensation to average full-professor salary: 9:1, Ratio of total compensation to average full-professor salary: 4:1, Ratio of total compensation to average full-professor salary: 11:1, Ratio of total compensation to average full-professor salary: 12:1, Ratio of total compensation to average full-professor salary: 27:1, Ratio of total compensation to average full-professor salary: 10:1, Ratio of total compensation to average full-professor salary: 13:1. Swensens 2015 pay package earlier this week, citing tax filings provided to the financial news service by Yale. Quinnipiac, Yale presidents top list of college salaries in Connecticut, Hamden school board member Walter L. Morton IV to run for mayor, New Haven's 'Tent City' residents get a reprieve, for now. 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. Yale University, which is right there with them, paid $1,652,543 to the now-retired President Richard Levin, placing him as the 10th highest paid. The renovation came after, Quinnipiac paid interior construction and furniture company Strategic Spaces $743,257 in 2019. He chooses to be at Yale because he loves the institution, and thats a very special relationship. Tenure-track positions have shrunk as low-wage adjunct professors who typically work without benefits increase on campuses, according to the American Association of University Professors. Quinnipiac vice president for public affairs Lynn Bushnell in a statement said the university adheres to standards of corporate governance in establishing executive compensation for all senior-level officers., Compensation levels are set by the personnel committee of the Board of Trustees and are determined after reviewing compensation levels at comparable institutions, Bushnell said in the statement. Investment income and the sale of assets resulted in $2.1 billion in income (an 8% return) in income (although there was $1.7 in unrealized losses on investments which if recognized means the return was less than 2%. The director, parent gifts has responsibility for leading the university's thriving parent giving program to unprecedented levels of success in the context of the $7 billion For Humanity campaign and beyond. Presidents of Yale University, University of New Haven and Sacred Heart University made more than Olian, according to their 990 tax filing forms. For the most part, universities have not offered much insight into why compensation packages for presidents have become so generous. Required fields are marked *, Building permit for air conditioning unit installation in Larson Hall, Building permit for interior renovation to Quinnipiac President Judy Olian's house, Quinnipiac University President Judy Olian earned $1,023,741 during her first full year at the university in 2019, according to. Everyone weve looked at makes more than the governor of their state., "What I find most fascinating is that presidents of public universities have higher salaries than any elected or appointed public official," said Wilde. Jonathan Holloway, a U.S. historian, took office as the 21st president of Rutgers, The State University of New Jersey, on July 1, 2020. . As Yale's chief legal officer and legal . YALE NEW HAVEN HOSPITAL 20 YORK STREET, NEW HAVEN, CT 06504 www.ynhh.org. 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 presidents salary came in fourth. 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. AI programs can produce college papers. All of Yale's graduate and professional schools provide financial aid to their students based on their individual policies and procedures.