This shouldn’t come as a shock to anyone, but sometimes (gasp), public sector employees are overpaid. Or, if not overpaid, perhaps paid very handsomely for doing government work.
The Chronicle has assembled the salaries of all public university presidents in the U.S. and, unsurprisingly, some of them are rolling in cash.
Let’s first take a look at how university presidents’ salaries fare compared with the professors at their institution. Most presidents make between 2 and 4 times as much as the median professor at their university, with a few outliers making less than 2 times or more than 6 times.
As for the highest paid, E. Gordon Gee from Ohio State University tops the list with income of nearly $2 million. Some presidents have considerable amounts of their packages in the form of deferred compensation in efforts to align incentives. The full list can be sorted and parsed through at the link, but here’s the top 10, each bringing in more than $738k.