Connecticut State Colleges and Universities Board of Regents President made $413,487 in total pay during the same time span. Office of the General Counsel - Yale University Salovey's compensation included $948,084 in base pay, $53,741 in nontaxable pay and . Machtley, 70, announced last May he would retire at the end of the 2020 school year. Access your favorite topics in a personalized feed while you're on the go. "Everyone we've looked at makes more than the governor of their state. Catherine Avalone/Catherine Avalone/New Haven Register. Maricopa Community Colleges. Your email address will not be published. Part of HuffPost News. University President Peter Salovey, by comparison, was paid about $1.4 million in the same year. Lahey said this spring he will retire in June 2018. The University of Chicago's Robert Zimmer was the highest paid president on the new list, earning $3,358,723. 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. The most recent data is as of 2017 for private university presidents, and 2019 for public university presidents. University Job TitleAssistant Vice President, DevelopmentBargaining UnitNone - Not included in theSee this and similar jobs on LinkedIn. Senior Writer Office Of the President job in New Haven at Yale University The top ten most highly compensated individuals are all men. He was student body president from May 2019 to September 2020. 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. 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. Based on the current Yale University - YUSOA contract, the hourly rates in effect for new hires as of January 16, 2022 are posted below. 550: Start now. Start simple with Dan Ram-As Told By Nomads Yale University Jobs, Employment | Indeed.com Tempe, AZ. The most recent years' compensation totals show high base pay rates with even higher bonuses and other pay. $40,414 / yr. Graduate Student salaries - 175 salaries reported. How Much Does Yale University Pay in 2023? (7,042 Salaries) Lecturer Convertible (minimum) 84,000. Ishaan Srivastava 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. Yale University has an endowment valued at nearly $31.2B, as of the end of the 2020 fiscal year. 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Salovey and Lahy were among a group of 58 presidents earning more than $1 million in 2015. 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). Yale University President Pledges to Prioritize 'Diversity' When Now hes indicted on federal cocaine trafficking charges, Do Not Sell/Share My Personal Information. As part of its report, the Chronicle compared the presidents salaries to those at ten similar institutions. Data for 2009 reflect 519 chief executives at 482 colleges. According to tax filings from 2016, Swensen received about $930,000 more in compensation in the 2014 calendar year than in 2015. 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. for the fiscal year ending June 2020 that the IRS released in June. You are also agreeing to our Terms of Service and Privacy Policy. Laheys base pay is the ninth highest among private college presidents. Average Yale University salary is $72,496 Detailed Yale University starting salary, median salary, pay scale, bonus data report ranked by Date, page 5. . She began her 18-year tenure at Penn in 2004 and officially stepped down in February 2022 after being confirmed as the U.S. ambassador to Germany. The wage ranges listed below are broad since many types of positions are included in each of the grades/bands. But there is very little vetting that is done in the process of hiring university presidents.". The renovation came after, Quinnipiac paid interior construction and furniture company Strategic Spaces $743,257 in 2019. $36,853 / yr. PhD Graduate Student salaries - 159 salaries reported. List of presidents of Yale University - Wikipedia Where Does $100 to the San Diego Zoo Wildlife Alliance Go(2021)? Nikias stepped down in 2018 after 200 professors signed a letter accusing him of mishandling allegations of sexual assault involving a former campus gynecologist. 1,171 employees received more than $100,000 in compensation with . 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 . In 2016, Yale reported $4.8 billion in revenue and $3.4 billion in expenses (not including $257 million in depreciation). Meet President Salovey. Salt Lake City, UT. Even as students struggle with rising college costs, university presidents rake in millions amid rapid increases in salaries, bonuses, benefits, and perks. Administrative Vice Presidents. It utilizes . Gerken, the Sol & Lillian Goldman Professor of Law, became Dean in 2017 and is the first woman to serve in this role. With her colleague, Jim Finkelstein, she has analyzed approximately 250 presidential contracts. . 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 . 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. 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). PhD Student salaries - 186 salaries reported. Wallace's base pay in 2019 was nearly equal to her total compensation package in 2018. He became president of the university in July 2013. As Yale's chief legal officer and legal . Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. The amount did not include scholarships it offered to international students. Dr. Tessier-Lavigne was born in Trenton, Ontario, Canada. He is A 5x TEDx speaker, 3x entrepreneur, prolific speaker, and startup coach, his clients range from individual founders to national governments. Yale University: Rankings, Courses, Admissions 2023, Tuition Fee, Cost According to the companys website, it. Transportation . Those salaries were earned in the 2015 calendar year the most recent year available from the Internal Revenue Service, according to the Chronicle. Biography. He became president of the university . 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. Bush attended the university about 100 years later. 25th Percentile. Less spending, investment loss: Quinnipiac's financial standing when COVID-19 began, Quinnipiacs 2018 finances give insight in how COVID-19 accelerated past spending, Olian earns $524K during her first six months as president, Less spending, investment loss: Quinnipiacs financial standing when COVID-19 began. Besides construction and architectural projects, law firms Duffy Law and Wiggin & Dana received $500,000 and $440,938, respectively. *Effective July 1, 2022. Sadie Peart scores overtime winner, sends Quinnipiac to ECAC Hockey Semifinals, Former USA Today editor-in-chief discusses gender equity in media at QU, Sustainability, budget cuts and diversity discussions dominate SGA State of the QUnion. Despite being the second highest-paid university president in 2019 due to his sizable compensation package for the year, Klasko's total pay in 2019 was an 18% decrease from the $5.4 million he earned the previous year. The Universitys compensation structure consists of many salary grades and bands. 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. . Laheys pay of $1.45 million included base pay of $1.06 million and other pay of $377,496, the Chronicle report said. Of the $54 million spent on travel, it is unclear what portion was spent on first class and chartered travel. Her bonus pay, other pay, and nontaxable benefits accounted for 53% of total pay. As students find U.S. colleges increasingly unaffordable, university presidents' salaries at public and private schools continue to grow at a rapid pace. Gutmann, the eighth president of the University of Pennsylvania (Penn), was the second highest-paid female university president in 2019. In 2020, Gutmann's salary was back in the news after it was announced that she would not be taking a COVID-induced pay cut like many other university presidents, instead opting to take a pay freeze. America's Top 50 Highest Paid Private University Presidents Beyond the surge in overall compensation, the way in which university presidents get paid also has transformed. . 208. Read more: The 25 highest-paying entry-level jobs for college grads. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 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 In an interview with the News in April, Massachusetts Institute of Technology finance professor Andrew Lo 80 said the constraints on university salaries prevent many institutions from hiring someone of Swensens caliber. Visit Business Insider's homepage for more stories. Visiting Assistant Professor of Phyiscs - Physics Today Jobs Yale president 'sorry' alleged donor interference led to Grand Strategy In a foreword to a 2009 book authored by Swensen, former Yale Corporation Investment Committee Chairman Charles Ellis 59 wrote that the investments office has contributed multiples more than any of Yales most generous benefactors to the University. PGY-2. The estimated total pay for a Vice President at Yale University is $259,594 per year. 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. 1 job to view and apply for now with The Chronicle of Higher Education Jobs Richard C. Levin, who has directed a vast expansion and modernization of Yale University while improving university finances and relations with the city of New Haven, announced on . 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. Where Does $100 to Shriners Hospitals Go(2020)? The office is also responsible for overseeing the academic calendar, annual reports, and registration of non-undergraduate . Those factors include: education and experience, internal equity, and budget. 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. 285 Yale University salary data. 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). Saloveys compensation included $948,084 in base pay, $53,741 in nontaxable pay and $155,663 in other pay. 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. Grade S2 . 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. PDF YALE UNIVERSITY - Office of the Provost Peter Salovey is the twenty-third president of Yale University and the Chris Argyris Professor of Psychology. Administrative Vice Presidents Jobs - HigherEdJobs Bloomberg first reported Swensen's 2015 pay package earlier this week, citing tax filings provided to the financial news service by Yale. Dr. Holloway was provost of Northwestern University from 2017 to 2020 and a member of the faculty of Yale University from 1999 to 2017. In 1716 the school was moved to New Haven, and in 1718 it was renamed Yale . Peter Salovey is the twenty-third president of Yale University and the Chris Argyris Professor of Psychology. H John Voorhees III / Hearst Connecticut Media, Brian A. The year before (2015), Yale reported $5.5 billion in revenue and $3.3 billion in expenses (not including $259 million in depreciation). Faculty Salary Information, AY2022-23 - Yale University 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. Code Title 503 Account Assistant IV 953 Acquisitions Assistant III 628 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. The estimated additional pay is $107,942 per year. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). The Chronicle said the average pay of private college presidents who served the full year in 2015 was $569,932, up 9 percent over 2014. How much do Yale University employees earn on average in the United States? For most executives, base pay accounted for less than half of their total compensation for the year.