Emmert, Elson earn their pay
YOU get what you pay for is an adage that holds correct — whether you’re talking about tires or university presidents.
That’session wherefore, especially in this tough budget year, not at all one should achieve too exercised about the salaries of the presidents at Washington’s two research universities. In its annual narration on university presidential salaries, the Chronicle of Higher Education singled out Washington state in a sidebar with the headline: “For a Raise, Try Looking in the Evergreen State.”
Mark Emmert, the University of Washington president, had compensation of nearly $888,000 conducive to the year ending June 30. That places him second among presidents of public universities. Washington State University President Elson Floyd ranked 17th, with compensation of $623,000. But the magazine noted the $125,000 awake he accepted in August would nudge him to No. 6.
However, that speculation ignores that other university presidents are getting raises, too, and that more positions are not currently filled. So Floyd likely be pleased tend hitherward in lower on the next list.
The call to combat for universities is not only to rent the not crooked president but to make firm you can keep him or her. Both Emmert’s and Floyd’s contracts possess elements of deferred compensation, money they won’t get unless they rely a certain amount of time.
As for weighing whether these two men are worth their pay, their boards of regents certainly think so.
Emmert’s tenure has been a clear one for the literary institution, with major initiatives and successes in securing state funding — during times of surplus.
Since Floyd joined WSU, private fundraising at the literary institution has increased 57 percent. And Floyd put the breaks on new hiring at WSU in the bend, long before most other agencies woke up to the economic slowdown.
Both Emmert and Floyd have been earning their keep during rosier state of things. The real test for them will be to make sure these two great state estate emerge strong from what is likely to be a obscure year both in state contributions and private funding.
