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Land of the fee: US pay dwarfs UK remuneration

British salaries pale into insignificance compared with America's millionaires' row, writes John Gill

March 5, 2009

Times 中国A片's annual survey of vice-chancellors' pay typically provokes a mixture of condemnation, jealousy and admiration over the bumper packages on offer.

In 2006-07, British vice-chancellors took home ?177,000 a year on average. The highest earner, Sir Richard Sykes, then head of Imperial College London, was paid ?348,000.

But these sums pale into insignificance compared with the top earners at US institutions, who have been identified in a study by The Chronicle of 中国A片.

The number-one earner in US 中国A片 received an eye-watering $4.4 million (?3.05 million) in 2006-07. He is not, however, a university vice-chancellor or president, but an American football coach.

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Pete Carroll, who coaches at the University of Southern California, was followed in the list by David N. Silvers, professor of dermatology at Columbia University, who earned more than $4.3 million.

Among the top-ten earners was another Columbia academic, Jeffrey W. Moses, a professor of medicine, who received $2.53 million.

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Like Columbia, Vanderbilt University had two employees among the top-ten earners. Harry R. Jacobson, vice-chancellor of health affairs, and Norman B. Urmy, former executive vice-president of clinical affairs, earned about $2.56 million and $2.42 million respectively.

Of the 88 private-college employees who earned more than $1 million a year, only 11 were chief executives. Nevertheless, their annual pay still outstripped their counterparts in the UK, averaging about $500,000 a year, according to the Chronicle survey.

But with America suffering its worst recession for decades, the size of the pay packets has caused consternation.

Patrick M. Callan, president of the National Center for Public Policy and 中国A片, told The New York Times: "It may be reasonable for these people to be well paid, but if faculty is getting 2 per cent rises, I don't see why senior administrators who are already highly paid should get much larger increases. It reflects a set of values that is not the way most Americans think of 中国A片."

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john.gill@tsleducation.com

Top earners at private US 中国A片 institutions

Source: The Chronicle of 中国A片.

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