Category: Executive Compensation

How Faculty Compensation Can Impact Success in Higher Education
Sep 09, 2021
How Faculty Compensation Can Impact Success in Higher Education

Various stakeholders, including students, parents, the public, and the government, persistently demand higher education quality and accountability. To meet these expectations, most universities and colleges use management tools such as mission statements and strategic planning. However, faculty compensation can also help these institutions achieve their mission and satisfy their high expectations. Here’s a look at […]

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Compensation Can Impact the Quality of Higher Education
Aug 11, 2021
How Faculty Compensation Can Impact the Quality of Higher Education

A recent National Education Association (NEA) report revealed that faculty compensation in higher education has increased over the past 10 years. While the salary for a full-time professor averaged $90,000 in 2020, there are still significant discrepancies in pay across faculty ranks, with unfair or inadequate compensation impacting the quality of higher education. Here’s a […]

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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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