University presidents see minor rise in compensation.
US university presidents and executives had a median pay rise of 1.4% in 2010, less than the inflation rate of 1.6%, says a survey published on 21 February. The College and University Professional Association for Human Resources (CUPA-HR) in Knoxville, Tennessee, polled 1,256 institutions for its 'Administrative Compensation Survey Report'. Some 14% of heads of single-campus universities got a bonus in 2010. Respondents foresaw restricted hiring for 2011, with fewer than 1% expecting to fill “significantly more” posts than last year. Andy Brantley, head of CUPA-HR, says that private institutions are planning hires according to conservative predictions of enrolments and revenue, and public ones are struggling because of state governments' economic woes.
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Academia feels crunch. Nature 471, 127 (2011). https://doi.org/10.1038/nj7336-127c
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DOI: https://doi.org/10.1038/nj7336-127c