Author: Stan McKnight & Associates

University CEOs Earned More than Their Public Sector
Jun 24, 2021
How Private University CEOs Earned More than Their Public Sector Counterparts in 2018

In 2018, the CEOs of 62 private universities over $1 million in total compensation, including bonuses and deferred payments. The Chronicle of Higher Education revealed this in its latest update on executive compensation at public and private universities. The Top Earning CEO 2018 (C.L. Max Nikias) C.L. Max Nikias was the highest-paid university leader in […]

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COVID-19 Has Affected Faculty Salaries
Jun 23, 2021
How COVID-19 Has Affected Faculty Salaries in 2021

A recent survey by the American Association of University Professors (AAUP)  found that the average faculty pay in the U.S. decreased by 0.4% in 2021. However, faculty pay in some institutions increased this year because some of the lowest-paid professors were laid off due to the pandemic. It is worth noting that salaries don’t reflect […]

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Right Amount of Executive Compensation
Jun 15, 2021
How to Determine the Right Amount of Executive Compensation

Also referred to as executive pay, executive compensation comprises the remuneration packages and benefits such as salaries, insurance coverage, and retirement benefits given to executive-level employees. In 2019, the average executive pay in the U.S. was $21.3 million, according to the Economic Policy Institute (EPI). While the figure varies from one company to another, a […]

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Higher Education Administrators Receive the Lowest Median Salary
Jun 10, 2021
Higher Education Administrators Receive the Lowest Median Salary Increase Since 2010

As of May 2020, the U.S. had already lost more than 20.6 million jobs due to the pandemic-induced recession. Moreover, even those lucky enough to keep their jobs experienced issues such as pay cuts, delayed paychecks, and no pay increase. According to the College and University Professional Association for Human Resources, the same trend was […]

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Managing Executive Feedback in Higher Education
May 27, 2021
Managing Executive Feedback in Higher Education

Tips for handling feedback for campus administrators and leaders One of higher education’s most serious recurring problems is the evaluation of campus leaders.  Part of this issue can be attributed to the significant periods of time between evaluations.  When leaders are allowed to operate for too long without oversight, institutions often discover a lack of […]

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Properly Structured HR Department in Higher Education
May 13, 2021
The Importance of a Properly Structured HR Department in Higher Education

A properly structured human resources department is vital to the long-term success of any organization. It helps foster the right organizational environment for increased productivity and growth. Just like business organizations and corporations, universities and colleges should have a proper HR organizational structure to prosper. The Critical Role Your HR Department Plays With a well-organized […]

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Mentoring Faculty Members
May 06, 2021
Strategies to Institutionalize Mentoring Faculty Members

The lack of institutional mentorship programs in colleges or universities usually leaves underrepresented faculty without adequate empowerment to succeed in their job. Campus leaders can create formal structures that support mentorship networks and provide other resources to help faculty colleagues excel and grow their careers along with everyone else. Here are a few strategies to […]

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California Governor Proposes Dual-Admissions Pathway to Help Students
Apr 15, 2021
California Governor Proposes Dual-Admissions Pathway to Help Students

In the wake of the pandemic disrupting college campuses, California Governor Gavin Newsom has announced an ambitious proposal to allow community college graduates guaranteed admission at certain state colleges. The news that the California governor proposes a dual-admissions pathway for certain students comes at a time when many colleges and universities face extreme financial challenges. […]

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States Propose Higher Education Budgets for the Fiscal Year 2022.
Apr 08, 2021
States Propose Higher Education Budgets for the Fiscal Year 2022

North Dakota, Nevada, Hawaii, and Georgia are among the states eyeing higher education budget cuts in the next fiscal year. These developments come amid revenue declines for North American colleges and universities, especially as states grapple with the economic effects of the COVID-19 pandemic. Not all states plan to decrease funding for their higher learning […]

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COVID-19 relief bill offers
Mar 18, 2021
Colleges Await Congressional Agreement on COVID-19

The higher education system in America remains in jeopardy of declining due to lost revenue from pandemic shutdowns. Both the Trump and Biden administrations have taken steps to get economic relief to Americans, small businesses, and educational institutions. Here are details about the Congressional agreement on COVID-19 that could bring relief to campuses across the […]

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